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Updated 2025 Tax Year

Queens County
Property Tax Guide

Everything you need to know about property taxes in Queens County, NY. Rates, due dates, exemptions, and how it affects your monthly payment.

7 Official Sources
8 min read
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Quick Facts
Tax Rate
0.6% to 2.0% effective rate (varies by property type and assessed value)
1st Due
Jul 1
2nd Due
Oct 1
Exemptions
5+ Available
Section 1

How Property Tax Works

Queens County operates under New York City's unified property tax system, administered by the NYC Department of Finance. Property taxes in Queens fund essential municipal services including public schools, police and fire departments, parks and recreation, sanitation, and infrastructure maintenance. The system uses a market value assessment approach, though the actual tax rates vary significantly based on property classification and assessed value tiers.

Queens County property owners can expect effective tax rates ranging from approximately 0.6% to 2.0% of market value, depending on property type and assessed value. The system includes multiple rate tiers, with lower rates applied to properties assessed at $250,000 or less (6%) and higher rates for properties between $250,000 and $450,000 (9%). Properties above $450,000 face additional rate structures. The NYC Department of Finance manages all assessments, billing, and collections for Queens County properties.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Base Property Tax (≤$250K assessed)6%Applied to assessed value up to $250,000
Mid-Tier Rate ($250K-$450K assessed)9%Applied to assessed value between $250,000-$450,000
Upper Tier Rate (>$450K assessed)VariableHigher rates apply above $450,000 assessed value
School Tax ComponentIncludedIntegrated into overall rate structure
Municipal ServicesIncludedPolice, fire, sanitation, parks funding
Infrastructure LevyIncludedRoads, utilities, public works maintenance

Note: The overall effective rate averages approximately 20.085% of assessed value, which translates to roughly 1.4% of market value due to NYC's assessment methodology.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Queens County, property taxes are due in two installments:

First Installment
Jul 1
Delinquent after Dec 10
Second Installment
Oct 1
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Queens County are triggered by specific property events that occur during the tax year, primarily ownership transfers, new construction completion, or major property improvements. When these events happen, the NYC Department of Finance issues a supplemental assessment to capture the additional tax liability for the remaining portion of the fiscal year (July 1 - June 30).

The supplemental tax is calculated by determining the difference between the old and new assessed values, applying the appropriate tax rate, and prorating for the remaining months in the tax year. For example, if a property's assessed value increases from $200,000 to $300,000 due to renovations completed in January, the supplemental tax would apply the rate difference to the $100,000 increase for the remaining 5 months of the fiscal year. Property owners receive separate supplemental tax bills in addition to their regular annual tax bills.

Example Calculation

Example 1: $300,000 Market Value Home

  • Assessed Value: $180,000 (60% of market value)
  • Less: STAR Exemption: -$30,000
  • Net Taxable Value: $150,000
  • Tax Rate: 6% (under $250K tier)
  • Annual Tax: $9,000
  • Monthly Escrow: $750

Example 2: $600,000 Market Value Home

  • Assessed Value: $360,000 (60% of market value)
  • Less: STAR Exemption: -$30,000
  • Net Taxable Value: $330,000
  • Tax Calculation: ($250,000 × 6%) + ($80,000 × 9%) = $22,200
  • Annual Tax: $22,200
  • Monthly Escrow: $1,850

Example 3: $1,000,000 Market Value Home

  • Assessed Value: $600,000 (60% of market value)
  • Less: STAR Exemption: -$30,000
  • Net Taxable Value: $570,000
  • Tax Calculation: ($250,000 × 6%) + ($200,000 × 9%) + ($120,000 × 12%) = $47,400
  • Annual Tax: $47,400
  • Monthly Escrow: $3,950

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Section 5

Escrow & Property Taxes

Most Queens County homeowners with mortgages have their property taxes collected through monthly escrow payments to their lender. Mortgage companies typically collect 1/12th of the annual tax bill each month, plus a small cushion, and pay the taxes directly to NYC Finance when due. The tax year runs from July 1 to June 30, with bills typically issued in May and due in July.

Lenders are required to provide annual escrow statements showing deposits, payments, and account balances. Property owners should verify their tax payments were made correctly by checking their account status online. If you pay taxes directly (without escrow), you can make payments online, by mail, or in person. Online payments can be made securely through the official NYC payment portal at https://www1.nyc.gov/site/finance/pay-now/pay-now.page, which accepts bank transfers and credit cards (processing fees apply for credit cards).

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Queens County property taxes due? A: Property tax bills are typically issued in May and due by July 31st for the fiscal year beginning July 1st. Late payments incur interest charges.

Q: How do I apply for the STAR exemption? A: New homeowners must register for STAR benefits through the NYC Department of Finance. The exemption reduces school tax portions of your bill and can save hundreds to thousands annually.

Q: Can I appeal my property assessment? A: Yes, property owners can file assessment appeals with the NYC Tax Commission. Applications must be filed by March 15th for the following tax year.

Q: What exemptions are available for seniors? A: Queens County offers Senior Citizens Exemptions for qualifying homeowners 65+ with income limitations, potentially reducing assessed value by up to 50%.

Q: Are veterans eligible for property tax exemptions? A: Yes, eligible veterans can receive exemptions ranging from 15% to 50% of assessed value, depending on service period and disability status.

Q: How often are properties reassessed? A: NYC conducts market value assessments annually, though assessed values may not change significantly year-to-year due to assessment smoothing practices.

Q: What happens if I don't pay my property taxes? A: Unpaid taxes accrue interest and penalties. After one year, the city may sell tax liens to private investors, potentially leading to foreclosure proceedings.

Q: Where can I find detailed property information? A: Complete property records, assessment history, and tax information are available through the NYC Department of Finance website at https://www1.nyc.gov/site/finance/property/property.page.

Verified Sources

Backed by 7 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Queens County Assessorwww1.nyc.gov
02
Tax Doc
Property Tax Payment · NYC311 - NYC.govportal.311.nyc.gov
03
Tax Doc
Property Tax Ratesnyc.gov
04
Tax Doc
Tax Year 2025-26a836-edms.nyc.gov
05
Supplemental applicationnyc.gov
06
Property Value Appeal · NYC311 - NYC.govportal.311.nyc.gov
07
State
Real estate transfer tax - Tax.NY.govtax.ny.gov
All sources verified as of 2025 Tax Year

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