Rego Park, Queens County, New York Property Taxes
Property Taxes in Rego Park, New York
Median Rego Park, New York effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Rego Park, New York home value: $1,444,000
Median annual Rego Park, 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 Rego Park, 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 Rego Park's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rego Park, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Rego Park, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$13,718
$12,730
How Does the Rego Park Property Tax Calculator Work?
Use this Rego Park property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Rego Park's median effective tax rate of 0.95% — 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. The calculator applies Rego Park's median effective rate across local levies, giving a more accurate estimate than using a single county millage rate.
Rego Park's median property tax bill is $7,685, which is higher than the New York median tax bill by $5,285 and lower than the state median tax rate of 1.90%. Within Rego Park, rates are consistent by ZIP code, with both the highest and lowest median tax bill at $7,685 in 11374.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Rego Park.
About Rego Park Property Taxes
About Property Taxes in Rego Park, Queens, New York
Rego Park's median effective property tax rate of 0.95% is lower 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 Rego Park. Homeowners in the 11374 ZIP code carry a median effective rate of 0.95%, while those in 11374 pay 0.95%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Queens County. Understanding which part of Rego Park you live in can make a meaningful difference to your annual tax bill.
Rego Park 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 Rego Park, 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 Rego Park'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 Rego Park Tax Rate
0.95%
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 Rego Park, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11374 | 0.61% | 0.79% | 0.95% | 4.85% | 5.36% |
Source: Ownwell
Property Tax Assessment Values Across Rego Park, Queens County, New York
When examining property taxes in Rego Park, 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 January 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 Rego Park.
For example, the median home price in Rego Park is $1,444,000, with tax bills ranging significantly across the county. 11374 has the highest median home price at $1,444,000.
Property Tax Assessment Values Across Rego Park, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Rego Park Market Value
$1,444,000
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 Rego Park, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11374 | $94,635 | $829,000 | $1,444,000 | $7,737,000 | $12,665,000 |
Source: Ownwell
Property Tax Bills Across Rego Park, Queens County, New York
Property tax bills in Rego Park are based on the assessed value of a home, not its market price. Local tax rates are applied to that assessed value to determine the annual bill, so two homes with similar market values can still be taxed differently if their assessments differ. Factors such as property characteristics, location within Queens, and any changes to the home can all influence the final amount.
For homeowners, this means a higher assessed value can lead to a larger tax bill, even when the market is the main driver of a home’s worth. In Rego Park, the median home price is $1,444,000, while the median property tax bill in ZIP code 11374 is $7,685. Tax bills also vary widely, with the 25th percentile at $4,415, the 75th percentile at $9,529, and the 90th percentile at $13,194.
Median Rego Park Tax Bill
$7,685
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 Rego Park, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11374 | $2,950 | $4,415 | $7,685 | $9,529 | $13,194 |
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 |