Lawrence, Nassau County, New York Property Taxes
Median LAWRENCE, NY effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median LAWRENCE, NY home value: $1,101,500
Median annual LAWRENCE, NY tax bill: $14,191, $11,791 higher than the national median property tax bill of $2,400.
How are property taxes in Nassau calculated?
Property taxes in LAWRENCE, 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 LAWRENCE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LAWRENCE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lawrence, Nassau County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$14,760
$13,697
$1,102
Average Tax Savings
Property Tax Rates Across Lawrence, Nassau County, New York
Local government entities set tax rates, which can vary widely within a state. Annually, 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.
Lawrence in Nassau County, NY, has an effective property tax rate of 1.34%, which is higher than the national median of 1.02%. This means that homeowners in Lawrence might find themselves paying more compared to other areas in the country. However, the property tax rate here is consistent with the state median, indicating that Lawrence's rate is reflective of broader trends in New York. Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively. By comparing Lawrence’s property tax rate to other cities in New York and the national median, homeowners can better assess their financial responsibilities and explore potential savings through appeals or exemptions.
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 Lawrence Tax Rate
1.34%
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 Lawrence, Nassau County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11559 | 1.19% | 1.26% | 1.34% | 1.50% | 2.21% |
Source: Ownwell
$1,102
Average Lawrence Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Lawrence, Nassau County, New York
When examining property taxes in Lawrence, 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.
Assessment notices: 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 Lawrence.
For example, the median home price in Lawrence is $1,101,500, with tax bills ranging significantly across the county. 11559 has the highest median home price at $1,101,500.
Property Tax Assessment Values Across Lawrence, Nassau County, New York
Source: Ownwell
$353,000
$2,148,750
$3,944,500
Median Lawrence Market Value
$1,101,500
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 Lawrence, Nassau County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11559 | $320,900 | $609,500 | $1,101,500 | $1,450,250 | $1,919,000 |
Source: Ownwell
$1,102
Average Lawrence Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Lawrence, Nassau County, New York
In Lawrence, NY, property tax bills are calculated by multiplying the assessed value of a property by the local tax rate. The assessed value is determined by the local assessor and reflects a percentage of the market value of the home. Factors such as recent sales of comparable properties and improvements made to the home can influence this assessed value. Homeowners in Lawrence face a significant property tax burden, with a median tax bill of $14,191, which is substantially higher than the national median of $2,400. This high tax bill can be a financial strain for many homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell assists homeowners by reviewing their property tax assessments to identify potential inaccuracies. By filing appeals and seeking exemptions, Ownwell can help reduce the assessed value, thereby lowering the tax bill. This service is crucial for homeowners in Lawrence aiming to manage their property tax expenses effectively and ensure they are not overpaying.
Median Lawrence Tax Bill
$14,191
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 Lawrence, Nassau County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11559 | $5,963 | $8,907 | $14,191 | $19,156 | $25,308 |
Source: Ownwell
$1,102
Average Lawrence Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Nassau Assessment Review Commission | |
| Website | lrv.nassaucountyny.gov |
Save money on your property taxes with Ownwell
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.