Richmond Hill, Queens County, New York Property Taxes
Property Taxes in Richmond Hill, New York
Median Richmond Hill, New York effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Richmond Hill, New York home value: $905,000
Median annual Richmond Hill, New York tax bill: $6,861, $4,461 higher than the national median property tax bill of $2,400.
How are property taxes in Queens calculated?
Property taxes in Richmond Hill, 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 Richmond Hill's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richmond Hill, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Richmond Hill, Queens County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$7,240
$6,719
How Does the Richmond Hill Property Tax Calculator Work?
Use this Richmond Hill property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Richmond Hill's median effective tax rate of 0.80% — 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 Richmond Hill'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 Richmond Hill: rates range from 0.80% in 11418 to 0.80% in 11418, 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 Richmond Hill.
About Richmond Hill Property Taxes
About Property Taxes in Richmond Hill, Queens, New York
Richmond Hill’s median effective property tax rate of 0.80% is lower than the Queens County base levy and 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 Richmond Hill. Homeowners in ZIP code 11418 carry a median effective rate of 0.80%, while those in the same ZIP code also pay 0.80%. 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 Richmond Hill you live in can make a meaningful difference to your annual tax bill.
Richmond Hill 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 Richmond Hill, 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 Richmond Hill'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 Richmond Hill Tax Rate
0.80%
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 Richmond Hill, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11418 | 0.64% | 0.72% | 0.80% | 0.88% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Richmond Hill, Queens County, New York
When examining property taxes in Richmond Hill, 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 tax authority 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. For Richmond Hill, the median home price is $905,000, and the median tax bill is $6,861, compared with the national median property tax bill of $2,400 and national median property tax rate of 1.02%. The highest median home price is in 11418 at $905,000.
Property Tax Assessment Values Across Richmond Hill, Queens County, New York
Source: Ownwell
$16,800
$164,728,900
$329,441,000
Median Richmond Hill Market Value
$905,000
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 Richmond Hill, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11418 | $614,900 | $741,000 | $905,000 | $1,145,500 | $5,503,000 |
Source: Ownwell
Property Tax Bills Across Richmond Hill, Queens County, New York
Property tax bills in Richmond Hill are based on the assessed value of a home, not its market price. Local tax authorities determine the assessment, and the bill is then calculated using the applicable tax rates for Queens. For homeowners, this means the amount owed can change when a property’s assessed value changes, even if the home has not been sold.
In Richmond Hill, the median home price is $905,000, and the median property tax bill is $6,861 in ZIP code 11418. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills in the area also vary widely, with the 25th percentile at $5,779 and the 75th percentile at $8,052. For many homeowners, this makes property taxes a major part of annual housing costs.
Property Tax Bills Across Richmond Hill, Queens County, New York
Source: Ownwell
$81
$9,835,251
$19,670,420
Median Richmond Hill Tax Bill
$6,861
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 Richmond Hill, Queens County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11418 | $4,727 | $5,779 | $6,861 | $8,052 | $9,396 |
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 |