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Hampton Bays, Suffolk County, New York Property Taxes

  • Median Hampton Bays, NY effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.

  • Median Hampton Bays, NY home value: $595,064

  • Median annual Hampton Bays, NY tax bill: $7,061, $4,661 higher than the national median property tax bill of $2,400.

How are property taxes in Suffolk County calculated?

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

Last Updated March 1, 2025

Hampton Bays, Suffolk County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$7,260

$6,737

SAVE WITH OWNWELL

$1,102

Average Tax Savings

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

Property Tax Rates Across Hampton Bays, Suffolk County, New York

Local government entities determine tax rates, which can differ significantly within a state. Each county annually estimates its required budget for services and divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual procedure.

In Hampton Bays, Suffolk County, NY, the effective property tax rate stands out when compared to other cities in New York and the national average. The median property tax rate in New York is higher than the national median of 1.02%, with Hampton Bays reflecting this trend. Homeowners in Hampton Bays face a property tax rate that aligns with the county's median, which is notably higher than the national median property tax bill of $2400. This highlights the importance of understanding local property tax rates, as they can significantly impact your financial planning and homeownership costs. Comparing these rates can provide valuable insights for homeowners looking to manage their property tax expenses effectively.

Property Tax Rates Across Hampton Bays, Suffolk County, New York

Source: Ownwell

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0.16%

1.54%

2.91%

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 Hampton Bays Tax Rate

1.22%

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 Suffolk County Tax Rate

108.95%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hampton Bays, Suffolk County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
119461.07%1.15%1.22%1.22%1.27%

Source: Ownwell

Property Tax Assessment Values Across Hampton Bays, Suffolk County, New York

When examining property taxes in Hampton Bays, 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 Suffolk 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 Suffolk 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 Hampton Bays. For example, the median home price in Hampton Bays is $595,064, with tax bills ranging significantly across the county. 11946 has the highest median home price at $595,064.

Property Tax Assessment Values Across Hampton Bays, Suffolk County, New York

Source: Ownwell

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$3,298

$3,252,219

$6,501,139

Median Hampton Bays Market Value

$595,064

Median Suffolk County Market Value

$6,290

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hampton Bays, Suffolk County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
11946$407,848$498,512$595,064$777,594$1,121,329

Source: Ownwell

Property Tax Bills Across Hampton Bays, Suffolk County, New York

In Hampton Bays, Suffolk County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Hampton Bays face a median property tax bill of $7,061, significantly higher than the national median of $2,400, reflecting the area's higher property values. This can place a financial strain on homeowners, making it essential to ensure that their property is not over-assessed. Ownwell helps homeowners by reviewing their property assessments and identifying potential savings. By filing appeals and securing exemptions, Ownwell can help reduce tax bills, ensuring homeowners pay only their fair share. With the 25th percentile tax bill at $5,842 and the 75th at $8,888, there's a wide range of property tax liabilities, highlighting the importance of expert assistance in navigating these complexities.

Property Tax Bills Across Hampton Bays, Suffolk County, New York

Source: Ownwell

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$2,771

$10,909

$19,046

Median Hampton Bays Tax Bill

$7,061

Median Suffolk County Tax Bill

$10,006

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Hampton Bays, Suffolk County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
11946$4,867$5,842$7,061$8,888$11,663

Source: Ownwell

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