Little Neck, Queens County, New York Property Taxes
Property Taxes in Little Neck, New York
Median Little Neck, New York effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Little Neck, New York home value: $1,303,000
Median annual Little Neck, New York tax bill: $10,449, $8,049 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Little Neck, 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 Little Neck's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Little Neck, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Little Neck, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$11,857
$11,003
How Does the Little Neck Property Tax Calculator Work?
Use this Little Neck property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Little Neck's median effective tax rate of 0.91% — based on actual property records in Queens County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Little Neck'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 Little Neck: rates range from $10,287 in 11362 to $10,970 in 11363, 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 Little Neck.
About Little Neck Property Taxes
About Property Taxes in Little Neck, Queens, New York
Little Neck’s median effective property tax rate of 0.91% is lower than the Queens County base levy and lower than the New York state median of 1.90%, but higher than the national median of 1.02%. This rate reflects the county levy combined with local school district levies and special district levies that vary by subdivision throughout the area.
Property tax rates are not uniform across Little Neck. Homeowners in ZIP code 11363 carry a median effective rate of 0.91%, while those in 11362 pay 0.91%. Even when the rate is the same, tax bills can differ: the median bill is $10,970 in 11363 versus $10,287 in 11362. That difference reflects how school district boundaries and local assessment districts are drawn across Queens County.
Little Neck homeowners who believe their assessed value is too high can file a formal appeal with the Assessment Review Commission before March 15, 2026.
If your estimated bill 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 Little Neck, 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 Little Neck'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 Little Neck Tax Rate
0.91%
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 Little Neck, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11362 | 0.62% | 0.75% | 0.91% | 1.01% | 1.10% |
| 11363 | 0.64% | 0.75% | 0.91% | 1.04% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Little Neck, Queens County, New York
When examining property taxes in Little Neck, 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. For context, the median home price in Little Neck is $1,303,000, and the median tax bill is $10,449, well above the national median property tax bill of $2,400. Tax bills range from $8,031 at the 25th percentile to $13,254 at the 75th percentile, with 11362 posting the highest median home price at $1,333,000.
Property Tax Assessment Values Across Little Neck, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Little Neck Market Value
$1,303,000
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 Little Neck, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11362 | $825,716 | $1,000,953 | $1,333,000 | $8,155,000 | $16,703,000 |
| 11363 | $778,000 | $996,000 | $1,264,000 | $1,714,889 | $4,660,000 |
Source: Ownwell
Property Tax Bills Across Little Neck, Queens County, New York
How are property tax bills calculated in Little Neck?
Property tax bills in Little Neck are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessment to determine the amount owed, and the final bill can vary depending on exemptions, assessment changes, and local levy decisions. With a median home price of $1,303,000, homeowners in this area often face substantial tax obligations.
What factors affect the bill? The home’s assessed value, the applicable tax rate, and any eligible exemptions all play a role. In Queens, the median property tax bill is $10,970 in ZIP code 11363 and $10,287 in ZIP code 11362, while the 25th percentile bill is $8,031 and the 75th percentile is $13,254. The 90th percentile reaches $16,431.
How does this affect homeowners? Higher assessed values can lead to larger bills, making property taxes a major ongoing housing cost. Compared with the national median property tax rate of 1.02% and median bill of $2,400, Little Neck homeowners typically pay much more.
Property Tax Bills Across Little Neck, Queens County, New York
Source: Ownwell
$81
$9,835,251
$19,670,420
Median Little Neck Tax Bill
$10,449
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 Little Neck, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11362 | $4,754 | $7,947 | $10,287 | $12,792 | $15,576 |
| 11363 | $5,245 | $8,267 | $10,970 | $14,220 | $17,704 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | March 15 |
Links | |
|---|---|
| Queens Assessment Review Commission | |
| Website | propertyinformationportal.nyc.gov |