Queens Village, Queens County, New York Property Taxes
Median Queens Village, NY effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the NY state median of 2.39%. Median Queens Village, NY home value: $729,000. Median annual Queens Village, NY tax bill: $5,706, $3,306 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Queens Village, 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 Queens Village’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Queens Village, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Queens Village, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$5,832
$5,412
Property Tax Rates Across Queens Village, Queens County, New York
Local government entities in Queens Village determine property tax rates, which can differ significantly across New York. Annually, each county calculates its budgetary needs for essential services and divides this by the total value of all taxable properties within its jurisdiction, resulting in the property tax rate. This process involves votes and regulations but essentially follows this annual procedure.
In Queens Village, the effective property tax rate is a reflection of these calculations and can be compared to other cities in New York, as well as the median property tax rates in the state and across the U.S. While Queens Village has a median property tax rate of 0.80%, it's important to note that this is below the national median property tax rate of 1.02%. Within Queens, the highest median tax rate is found in zip code 11427 at 0.84%, while the lowest is in zip code 11428 at 0.78%. This variance illustrates how property tax rates can fluctuate even within a single county, highlighting the importance of understanding local tax policies.
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 Queens Village Tax Rate
0.80%
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 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 Queens Village, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11427 | 0.68% | 0.76% | 0.84% | 0.93% | 1.02% |
| 11428 | 0.64% | 0.72% | 0.78% | 0.84% | 0.89% |
| 11429 | 0.62% | 0.72% | 0.79% | 0.85% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Queens Village, Queens County, New York
When examining property taxes in Queens Village, 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 Department of Finance 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 March. 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 Queens Village. For example, the median home price in Queens Village is $729,000, with tax bills ranging significantly across the county. Zip code 11427 has the highest median home price at $878,000.
Property Tax Assessment Values Across Queens Village, Queens County, New York
Source: Ownwell
$125,000
$144,197,263
$288,269,526
Median Queens Village Market Value
$729,000
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 Queens Village, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11427 | $671,000 | $740,750 | $878,000 | $1,270,000 | $19,710,000 |
| 11428 | $644,000 | $679,000 | $716,000 | $783,000 | $878,000 |
| 11429 | $591,000 | $633,000 | $683,000 | $741,000 | $820,000 |
Source: Ownwell
Property Tax Bills Across Queens Village, Queens County, New York
Median Queens Village Tax Bill
$5,706
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 Queens Village, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11427 | $5,185 | $5,713 | $6,653 | $9,232 | $11,018 |
| 11428 | $4,562 | $5,150 | $5,626 | $6,178 | $6,769 |
| 11429 | $4,145 | $4,855 | $5,380 | $5,913 | $6,582 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
|---|---|
| Queens Assessment Review Commission | |
| Website | propertyinformationportal.nyc.gov |