Arverne, Queens County, New York Property Taxes
Median Arverne, NY effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Arverne, NY home value: $725,000
Median annual Arverne, NY tax bill: $4,300, $1,900 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Arverne, 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 Arverne's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arverne, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Arverne, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$4,350
$4,037
Property Tax Rates Across Arverne, Queens County, New York
Local government entities set property tax rates, which can vary significantly within New York. This variation occurs because each county annually estimates its budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is the core process each year.
In Arverne, located in Queens County, the effective property tax rate is notably lower compared to other cities in New York. With a median property tax rate of 0.60%, Arverne stands out, especially when compared to the national median property tax rate of 1.02%. This lower tax rate can be appealing to property owners, offering them a more favorable financial environment.
Understanding these differences can significantly impact your property tax considerations, whether you're a current property owner or considering a purchase in Arverne. By comparing Arverne's effective property tax rate to other cities in New York and the national average, property owners can make more informed decisions.
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 Arverne Tax Rate
0.60%
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
0.79%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Arverne, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11692 | 0.29% | 0.47% | 0.60% | 0.70% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Arverne, Queens County, New York
When examining property taxes in Arverne, 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 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 Arverne. For example, the median home price in Arverne is $725,000, with tax bills ranging significantly across the county. Zip code 11692 has the highest median home price at $725,000.
Property Tax Assessment Values Across Arverne, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Arverne Market Value
$725,000
Median Queens County Market Value
$982,000
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Arverne, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11692 | $506,000 | $641,000 | $725,000 | $931,000 | $1,083,000 |
Source: Ownwell
Property Tax Bills Across Arverne, Queens County, New York
Median Arverne Tax Bill
$4,300
Median Queens County Tax Bill
$6,915
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Arverne, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11692 | $1,917 | $3,159 | $4,300 | $5,241 | $6,388 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Queens Assessment Review Commission | |
| Website | propertyinformationportal.nyc.gov |