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Kings Point, Nassau County, New York Property Taxes

  • Median Kings Point, NY effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.

  • Median Kings Point, NY home value: $3,944,500

  • Median annual Kings Point, NY tax bill: $52,630, $50,230 higher than the national median property tax bill of $2,400.

How are property taxes in Nassau calculated?

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

Last Updated March 1, 2025

Kings Point, Nassau County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$54,040

$50,147

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Kings Point Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kings Point with just two data points. By entering your property's estimated assessed value, our calculator applies Kings Point’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Kings Point, Nassau County, New York

Local government entities set property tax rates, which can vary significantly even within a single state. This variation is due to each county estimating its required budget to provide essential services and then dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Kings Point, located in Nassau County, NY, the effective property tax rate stands out when compared to other cities within New York and the national average. The median property tax rate in New York is notably higher than the national median of 1.02%. This means homeowners in Kings Point may find themselves paying more in property taxes compared to the typical U.S. homeowner. Understanding these rates and how they compare can be crucial for property owners, especially when considering property tax appeals or exemptions.

Property Tax Rates Across Kings Point, 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 Kings Point Tax Rate

1.37%

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 Kings Point, Nassau County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
110241.18%1.28%1.37%1.44%1.67%

Source: Ownwell

Property Tax Assessment Values Across Kings Point, Nassau County, New York

When examining property taxes in Kings Point, 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 appraisal 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 April. 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 Kings Point. For example, the median home price in Kings Point is $3,944,500, with tax bills ranging significantly across the county. Zip code 11024 has the highest median home price at $3,944,500.

Property Tax Assessment Values Across Kings Point, Nassau County, New York

Source: Ownwell

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$353,000

$2,148,750

$3,944,500

Median Kings Point Market Value

$3,944,500

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 Kings Point, Nassau County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
11024$849,000$2,604,000$3,944,500$6,256,500$14,366,500

Source: Ownwell

Property Tax Bills Across Kings Point, Nassau County, New York

In Kings Point, New York, property tax bills are calculated based on the assessed value of a home multiplied by the local tax rate. With a median home price of $3,944,500, the property tax bills can be significant. In Nassau County, where Kings Point is located, the median tax bill is $52,630, which is substantially higher than the national median of $2,400. The tax bill varies widely, with the 25th percentile at $35,138 and the 75th percentile reaching $72,507, demonstrating the range of property values and assessed rates in the area. Factors influencing the tax bill include the assessed value, which can differ from the market value, and local budgetary needs. High property taxes can impact homeowners by increasing the overall cost of owning a home. Ownwell assists homeowners by reviewing assessments for inaccuracies and identifying potential exemptions, helping to reduce the tax burden. By appealing incorrect assessments, homeowners can save significantly on their annual property tax bills.

Property Tax Bills Across Kings Point, Nassau County, New York

Source: Ownwell

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$881

$26,756

$52,630

Median Kings Point Tax Bill

$52,630

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 Kings Point, Nassau County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
11024$14,940$35,138$52,630$72,507$196,463

Source: Ownwell

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