Broad Channel, Queens County, New York Property Taxes

Name: Property Tax Bills Across Broad Channel, Queens County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Broad Channel, NY effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Broad Channel, NY home value: $520,000
Median annual Broad Channel, NY tax bill: $3,050, $650 higher than the national median property tax bill of $2,400.

How are property taxes in Queens calculated?

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

Last Updated March 1, 2025

Broad Channel, Queens County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$3,120

$2,895

Ownwell’s Broad Channel Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Broad Channel with just two data points.

By entering your property's estimated assessed value, our calculator applies Broad Channel’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 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 Queens.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Broad Channel, Queens 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 votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

BROAD CHANNEL in Queens County, NY, presents an interesting case in property tax assessment. The effective property tax rate here stands at 0.60%, which is significantly lower than the national median property tax rate of 1.02%. This rate is consistent throughout the area, as both the highest and lowest median tax rates are the same at 0.60%. In comparison to other regions in New York, BROAD CHANNEL's rate offers a more affordable option for homeowners. The lower tax rate can be particularly appealing for potential buyers and current homeowners looking to reduce their annual property tax bills. With the national median property tax bill at $2,400, BROAD CHANNEL provides a cost-effective alternative for residents seeking to balance property costs with quality of life.

Property Tax Rates Across Broad Channel, Queens County, New York

Source: Ownwell

0.57%

2.37%

4.16%

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 Broad Channel Tax Rate

0.60%

Median Effective Queens County Tax Rate

0.78%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Broad Channel, Queens County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
11693	0.33%	0.46%	0.60%	0.75%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Broad Channel, Queens County, New York

When examining property taxes in Broad Channel, 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 Queens 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 Queens 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 Broad Channel.

For example, the median home price in Broad Channel is $520,000, with tax bills ranging significantly across the county. ZIP code 11693 has the highest median home price at $520,000.

Property Tax Assessment Values Across Broad Channel, Queens County, New York

Source: Ownwell

$125,000

$144,197,263

$288,269,526

Median Broad Channel Market Value

$520,000

Median Queens County Market Value

$885,000

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Broad Channel, Queens County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
11693	$414,000	$453,500	$520,000	$606,500	$695,200

Source: Ownwell

Property Tax Bills Across Broad Channel, Queens County, New York

In Broad Channel, Queens, NY, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $520,000, and property tax rates are applied to the assessed value to determine the tax bill. Factors such as property classification and exemptions can influence the final amount. For instance, the median tax bill in the area is $3,050, which is higher than the national median of $2,400. This indicates that homeowners in Broad Channel face relatively high property tax burdens compared to the national average. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential errors or opportunities for exemptions, Ownwell can help reduce tax liabilities. This service is especially beneficial for those whose tax bills fall in the higher percentiles, such as the 75th percentile at $4,133 or the 90th percentile at $5,377, offering significant savings to homeowners.

Property Tax Bills Across Broad Channel, Queens County, New York

Source: Ownwell

$1,506

$8,810

$16,113

Median Broad Channel Tax Bill

$3,050

Median Queens County Tax Bill

$6,676

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Broad Channel, Queens County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
11693	$1,664	$2,310	$3,050	$4,133	$5,377

Source: Ownwell

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Dates

Links
Queens Assessment Review Commission
Website	propertyinformationportal.nyc.gov