Property Taxes in Long Island City, New York
Median Long Island City, New York effective property tax rate: 4.07%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Long Island City, New York home value: $220,384
Median annual Long Island City, New York tax bill: $7,685, $5,285 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Long Island City, New York 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 Long Island City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Long Island City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Long Island City Property Tax Calculator Work?
Use this Long Island City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Long Island City's median effective tax rate of 4.07% — based on actual property records in Queens County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Long Island City's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Long Island City: rates range from $6,638.00 in 11102 to $8,915.00 in 11103, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Long Island City.
About Long Island City Property Taxes
About Property Taxes in Long Island City, Queens, New York
Long Island City’s median effective property tax rate of 4.07% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Queens County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.
Property tax rates are not uniform across Long Island City. Homeowners in the 11101 ZIP code carry a median effective rate of 4.30%, while those in 11102 pay 0.47%. This spread — 3.83 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Queens County. Understanding which part of Long Island City you live in can make a meaningful difference to your annual tax bill.
Long Island City homeowners who believe their assessed value is too high can file a formal appeal with the local Assessment Review Commission before the March 15, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Long Island City, Queens County, New York
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county 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.
Below, you can compare Long Island City's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
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 Long Island City Tax Rate
4.07%
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
1.27%
Property Tax Rates Across Long Island City, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11101 | 0.33% | 0.74% | 4.30% | 5.16% | 5.41% |
| 11102 | 0.30% | 0.36% | 0.47% | 0.62% | 0.85% |
| 11103 | 0.43% | 0.53% | 0.71% | 0.79% | 0.87% |
| 11104 | 0.37% | 0.48% | 0.53% | 0.63% | 3.97% |
| 11105 | N/A | N/A | N/A | N/A | N/A |
| 11106 | N/A | N/A | N/A | N/A | N/A |
| 11109 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Long Island City, Queens County, New York
When examining property taxes in Long Island City, New York, 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.
Assessment notices:
In Queens County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Long Island City.
For example, the median home price in Long Island City is $220,384, with tax bills ranging significantly across the county. 11102 has the highest median home price at $1,416,500.
Property Tax Assessment Values Across Long Island City, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Long Island City Market Value
$220,384
Median Queens County Market Value
$982,000
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Long Island City, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11101 | $124,339 | $157,871 | $209,402 | $300,973 | $1,222,400 |
| 11102 | $676,400 | $1,086,250 | $1,416,500 | $1,613,000 | $1,754,700 |
| 11103 | $937,000 | $1,168,500 | $1,268,000 | $1,454,000 | $1,660,500 |
| 11104 | $236,397 | $1,305,000 | $1,346,000 | $1,530,000 | $1,620,500 |
| 11105 | N/A | N/A | N/A | N/A | N/A |
| 11106 | N/A | N/A | N/A | N/A | N/A |
| 11109 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Long Island City, Queens County, New York
Property tax bills in Long Island City are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the final bill, so two homes with similar market values can still owe different amounts if their assessments differ. Factors such as property type, location within Queens, and any changes in assessed value can all influence what a homeowner pays.
For homeowners, this means the bill can rise when assessments increase, even if the housing market is unchanged. In Long Island City, the median home price is $220,384, while the median property tax bill can vary widely, with the 25th percentile at $5,000 and the 75th percentile at $11,187. The highest median tax bill listed is $8,915 in ZIP code 11103, while the lowest is $6,638 in ZIP code 11102. That range shows how property taxes can have a major impact on monthly housing costs and overall affordability.
Property Tax Bills Across Long Island City, Queens County, New York
Source: Ownwell
$81
$9,835,251
$19,670,420
Median Long Island City Tax Bill
$7,685
Median Queens County Tax Bill
$6,915
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Long Island City, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11101 | $795 | $5,113 | $7,771 | $11,287 | $16,202 |
| 11102 | $2,963 | $4,875 | $6,638 | $9,188 | $13,517 |
| 11103 | $4,747 | $6,563 | $8,915 | $10,552 | $13,175 |
| 11104 | $4,991 | $6,477 | $7,033 | $8,773 | $9,864 |
| 11105 | N/A | N/A | N/A | N/A | N/A |
| 11106 | N/A | N/A | N/A | N/A | N/A |
| 11109 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | March 16 |
Links | |
|---|---|
| Queens Assessment Review Commission | |
| Website | propertyinformationportal.nyc.gov |