With an average tax rate of 0.52%, Kings County, New York
residents pay an average of $2,903 a year in property taxes. Homeowners everywhere are responsible for paying property taxes. The exact amount that each homeowner has to pay varies greatly depending on the state and county they live in, the overall value of their home, and the current fluctuations in the market.
Keeping track of all these variables and how much you as a homeowner are responsible for paying can be a bit tricky.
Not to worry—the insurance
super-app Jerry
has got all the details you need to make sense of property taxes in Kings County, NY! We’ll walk you through everything you’ll need to know to get your property taxes squared away! Property tax 101
If you’re a new homeowner and aren’t yet familiar with the basics of property tax, don’t sweat it. We’ve put together a quick rundown of the key concepts to help orient you:
Your local government assigns and collects property taxes to pay for various community services and public works
Property taxes typically apply to real estate property, such as houses, buildings, and land
A tax assessor will evaluate your home to determine what rate you will need to pay
Property taxes rates are partly based on the local budgets and market conditions, so be prepared for them to fluctuate frequently
In short, your local government uses property taxes to facilitate necessary operations that benefit the entire community. These operations such as law enforcement, education, roads, etc. help the entire area, which is why all long-term residents who own property are required to contribute via their property taxes.
MORE: How to get a hybrid or electric car tax credit
What is the property tax rate in Kings County?
Kings County, NY currently has an average tax rate of 0.52% of assessed home values, which is just over half of the national average of 1.01% and dramatically lower than the New York state average of 1.23%. In terms of real dollar amounts, this means Kings County homeowners pay an average of $2,903 in property taxes each year.
How Kings County property taxes are determined
Property taxes in New York are managed on a county level. The Kings County tax assessor's office
is responsible for setting the property tax rates countywide. They do this using a series of complex formulas designed to balance the needs of each county and the average taxable value of homes. If you need to estimate the property taxes you will owe, there is a handy tool for Kings County residents to calculate their annual property taxes
. What do Kings County property taxes pay for?
Revenue from property taxes in Kings County is divided between K12 schools and community colleges, city governments, and redevelopment agencies to pay for the following:
K-12 and community education
As a homeowner in Kings County, you have the right to request a reassessment if you feel that your home has been overassessed and you’re being charged too much. To do this, you’ll need to contact the Kings County Tax Assessor's Office
and fill out a property tax appeal form. MORE: Is car insurance tax deductible?
How to pay property taxes in Kings County
You will be mailed a property tax bill four times each year, usually about one month before payment is due. Depending on your home's assessed value, you will pay your property taxes either twice or four times annually.
If your property’s assessed value is below $250,000, you will pay property taxes four times a year. These quarterly payments will be due on July 1st, October 1st, January 1st, and April 1st.
If your property’s assessed value is $250,000 or above, you will pay property taxes twice a year. These semi-annual payments will be due on July 1st and January 1st.
Property owners in Kings County have several different options when it comes to the method by which they will pay their taxes. You can pay online, by mail, in person, through a bank, or over the phone. Here’s what you’ll need to do:
Online: The fastest way to pay your property tax in Kings County is by going to the CityPay
website and using either a credit card, a debit card, prepaid/gift card, or an electronic check. By mail: You can pay by mail using either a check or a money order - cash is not accepted in the mail. Make your check or money order payable to the NYC Department of Finance. Send payments by mail to: NYC Department of Finance, P.O. Box 680, Newark, NJ 07101-0680
In person: You can pay your Kings County property taxes at any New York Department of Finance (DOF) Business Center using either cash, check, money order, credit card, debit card, or prepaid/gift card. Make any checks or money orders payable to the NYC Department of Finance.
Through a bank: Using an Electronic Funds Transfer (EFT), you can pay your taxes directly from your checking or savings account
. Over the phone: The New York Department of Finance has begun accepting property tax payments over the phone. Call in by dialing 311, and you’ll be able to make your payment using a credit or debit card, an EFT, or an electronic check.
How to save money on home and car insurance in New York
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