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Freeport, Nassau County, New York Property Taxes

  • Median Freeport, NY effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
  • Median Freeport, NY home value: $401,000
  • Median annual Freeport, NY tax bill: $7,726, $5,326 higher than the national median property tax bill of $2,400.

How are property taxes in Nassau calculated?

Property taxes in Freeport, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Freeport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Freeport, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Freeport, Nassau County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$7,860

$7,293

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Freeport Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Freeport with just two data points. By entering your property's estimated assessed value, our calculator applies Freeport’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Nassau. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Freeport, Nassau County, New York

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Freeport in Nassau County, NY, has an effective property tax rate of 1.96%, which is significantly higher than the national median of 1.02%. This rate is consistent across the region, making it the highest in the area. When compared to the national median property tax bill of $2,400, residents in Freeport are likely to face higher property tax bills due to the elevated rate. Understanding these differences is crucial for property owners who may consider appealing their property tax assessments or seeking exemptions to manage their expenses. Being aware of these rates can help homeowners make informed decisions about their property investments and budgeting.

Property Tax Rates Across Freeport, Nassau County, New York

Source: Ownwell

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0.17%

1.48%

2.78%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Freeport Tax Rate

1.96%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Nassau County Tax Rate

2.10%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Freeport, Nassau County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
115201.35%1.69%1.96%2.18%2.32%

Source: Ownwell

Property Tax Assessment Values Across Freeport, Nassau County, New York

When examining property taxes in Freeport, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Nassau County assessment district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Nassau County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Freeport.

For example, the median home price in Freeport is $401,000, with tax bills ranging significantly across the county. Zip code 11520 has the highest median home price at $401,000.

Property Tax Assessment Values Across Freeport, Nassau County, New York

Source: Ownwell

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$353,000

$2,148,750

$3,944,500

Median Freeport Market Value

$401,000

Median Nassau County Market Value

$537,000

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Freeport, Nassau County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
11520$321,000$361,000$401,000$452,000$513,000

Source: Ownwell

Property Tax Bills Across Freeport, Nassau County, New York

In Freeport, located in Nassau County, NY, property tax bills are determined by the assessed value of a home and the local tax rate. Homeowners in this region face a median property tax bill of $7,726, significantly higher than the national median of $2,400. This disparity is due in part to the area's high median home price of $401,000 and the local tax rate. The tax bill can vary widely, with the 25th percentile at $6,248 and the 75th percentile at $9,115, indicating a range of tax burdens that can impact homeowners differently. Factors such as changes in home value or local budget requirements can influence these assessments, often resulting in increased financial pressure on homeowners. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing individual property assessments and leveraging local tax regulations, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only what is fair and accurate. This service can alleviate the financial strain and offer peace of mind.

Property Tax Bills Across Freeport, Nassau County, New York

Source: Ownwell

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$881

$26,756

$52,630

Median Freeport Tax Bill

$7,726

Median Nassau County Tax Bill

$11,613

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Freeport, Nassau County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
11520$4,551$6,248$7,726$9,115$10,601

Source: Ownwell

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