Woodside, Queens County, New York Property Taxes
Median Woodside, NY effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Woodside, NY home value: $1,301,000
Median annual Woodside, NY tax bill: $8,036, $5,636 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Woodside, 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 Woodside's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Woodside, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Woodside, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$10,148
$9,417
Property Tax Rates Across Woodside, Queens County, New York
Local government entities are tasked with setting property tax rates, which can differ significantly across various regions within a state. How does this happen? Each year, counties estimate their budget needs to fund essential services and divide this requirement by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. While the setting of tax rates and budgets involves votes and legislative measures, this annual calculation forms the core of the process.
In Woodside, located in Queens County, the effective property tax rate stands out as notably lower compared to other cities within New York. When compared to the national median property tax rate of 1.02%, Woodside’s rate is significantly more favorable. This lower tax rate can translate into considerable savings for property owners, making Woodside an attractive location for those looking to reduce their property tax burden. By understanding these rates and how they are determined, property owners can better navigate their financial responsibilities and potentially seek out areas with more favorable tax conditions.
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 Woodside Tax Rate
0.78%
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 Woodside, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11377 | 0.52% | 0.67% | 0.78% | 0.89% | 3.51% |
Source: Ownwell
Property Tax Assessment Values Across Woodside, Queens County, New York
When examining property taxes in Woodside, 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 April. 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 Woodside. For example, the median home price in Woodside is $1,301,000, with tax bills ranging significantly across the county. Zip code 11377 has the highest median home price at $1,301,000.
Property Tax Assessment Values Across Woodside, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Woodside Market Value
$1,301,000
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 Woodside, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11377 | $222,199 | $946,000 | $1,301,000 | $5,819,000 | $40,530,000 |
Source: Ownwell
Property Tax Bills Across Woodside, Queens County, New York
In Woodside, Queens, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in the area is $1,301,000, and property tax bills can vary significantly. For instance, homeowners at the 25th percentile pay around $6,563, while those at the 75th percentile face bills of approximately $10,017. At the 90th percentile, the tax bill climbs to about $12,234. These figures highlight the substantial impact property taxes can have on homeowners' finances, especially given that the national median property tax bill is $2,400.
Ownwell assists homeowners in reducing their property tax bills by providing expertise in property tax appeals and exemptions. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying on their taxes. This service can lead to significant savings, offering homeowners in Woodside the opportunity to reduce their financial burden and ensure their tax bills accurately reflect their property's value.
Median Woodside Tax Bill
$8,036
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 Woodside, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11377 | $4,048 | $6,563 | $8,036 | $10,017 | $12,234 |
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 |