Woodhaven, Kings County, New York Property Taxes
Median Woodhaven, NY effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Woodhaven, NY home value: $863,000
Median annual Woodhaven, NY tax bill: $6,377, $3,977 higher than the national median property tax bill of $2,400.
How are property taxes in Kings calculated?
Property taxes in Woodhaven, 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 Woodhaven's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Woodhaven, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Woodhaven, Kings County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$6,645
$6,166
Property Tax Rates Across Woodhaven, Kings County, New York
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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.
In Woodhaven, located in Kings County, property tax rates reflect the unique needs and budgets of the area. Compared to the national median property tax rate of 1.02%, Woodhaven's rate is notably lower, making it an attractive option for property owners. The effective property tax rate in Woodhaven is consistent with other areas in New York, providing a favorable environment for homeowners. This lower tax rate can offer significant savings compared to the national median property tax bill of $2400, enhancing the appeal of owning property in this region. By understanding these local tax dynamics, property owners can make more informed decisions about their investments and potential savings.
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 Woodhaven Tax Rate
0.77%
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 County Tax Rate
0.69%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Woodhaven, Kings County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11421 | 0.63% | 0.70% | 0.77% | 0.80% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Woodhaven, Kings County, New York
When examining property taxes in Woodhaven, 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 Kings 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 Kings 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 Woodhaven. For example, the median home price in Woodhaven is $863,000, with tax bills ranging significantly across the county. Zip code 11421 has the highest median home price at $863,000.
Property Tax Assessment Values Across Woodhaven, Kings County, New York
Source: Ownwell
$255,631
$1,289,816
$2,324,000
Median Woodhaven Market Value
$863,000
Median Kings County Market Value
$1,151,000
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Woodhaven, Kings County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11421 | $612,000 | $649,500 | $863,000 | $981,750 | $1,020,000 |
Source: Ownwell
Property Tax Bills Across Woodhaven, Kings County, New York
Median Woodhaven Tax Bill
$6,377
Median Kings County Tax Bill
$6,908
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Woodhaven, Kings County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11421 | $4,923 | $5,100 | $6,377 | $7,067 | $7,352 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
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| Kings Assessment Review Commission | |
| Website | propertyinformationportal.nyc.gov |