Glen Oaks, Queens County, New York Property Taxes
Median Glen Oaks, NY effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Glen Oaks, NY home value: $890,000
Median annual Glen Oaks, NY tax bill: $8,535, $6,135 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Glen Oaks, 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 Glen Oaks's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glen Oaks, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Glen Oaks, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$8,900
$8,259
Ownwell’s Glen Oaks Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glen Oaks with just two data points.
By entering your property's estimated assessed value, our calculator applies Glen Oaks’ 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 County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Glen Oaks, Queens County, New York
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. The process involves each county estimating its budgetary needs to provide essential services and dividing that by the total value of all taxable properties within the area. This calculation determines the property tax rate. Although the process includes votes and legislation, this is the basic annual procedure.
When comparing Glen Oaks in Queens County, NY, to other cities in New York, it's evident that the effective property tax rate is lower than the county median. This is significant given that New York's median property tax rate aligns closely with the national median of 1.02%. While Glen Oaks benefits from a lower property tax rate, it's important to consider the broader context. Nationally, the median property tax rate stands at 1.02%, with a median tax bill of $2,400. This comparison highlights how Glen Oaks fares in terms of property tax rates within the state and across the country. Understanding these rates can help property owners make informed decisions about their investments and financial planning.
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 Glen Oaks Tax Rate
1.00%
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 Glen Oaks, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11004 | 0.79% | 0.92% | 1.00% | 1.07% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Glen Oaks, Queens County, New York
When examining property taxes in Glen Oaks, 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 Glen Oaks. For example, the median home price in Glen Oaks is $890,000, with tax bills ranging significantly across the county. Zip code 11004 has the highest median home price at $890,000.
Property Tax Assessment Values Across Glen Oaks, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Glen Oaks Market Value
$890,000
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 Glen Oaks, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11004 | $749,000 | $789,000 | $890,000 | $1,347,750 | $14,043,000 |
Source: Ownwell
Property Tax Bills Across Glen Oaks, Queens County, New York
Median Glen Oaks Tax Bill
$8,535
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 Glen Oaks, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11004 | $7,000 | $7,805 | $8,535 | $9,504 | $10,939 |
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 |