11101 Property Tax Rate

Long Island City, New York · Part of Queens County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.32%

40.1% below state avg

Median Annual Tax

$3,147

$262/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$3,147

Monthly

$262

Eff. Rate

0.32%

vs. New York Avg40.1% below
vs. National Avg17% above

Buyer decision brief

What ZIP 11101 means for your housing budget

Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.

Monthly escrow signal

$262/mo

Based on median annual tax paid

State context

1.53 percentage points below the New York average

New York average: 1.85%

Data confidence

Moderate confidence

The Census margin of error is $480, about 15% of the median tax estimate.

Verify before you offer

  • Confirm parcel assessed value with Queens County assessor.
  • Check homestead, senior, veteran, and disability exemptions.
  • Ask whether purchase triggers reassessment or value-cap reset.
  • Review school district and special assessment boundaries.

Lower-rate similar ZIPs

Similar in-state ZIPs in this comparison set do not show a lower effective rate. Use the state table to widen the search.

This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.

Data confidence ledger

Can you trust ZIP 11101 for comparison?

Quality score 75/100

ACS vintage

2019-2023 ACS 5-Year Estimates

Five-year Census ZCTA estimates.

ZCTA caveat

Census area, not parcel boundary

USPS ZIP routes and taxing districts can differ inside the same area.

Field completeness

3/3 required fields

Median tax, home value, and derived rate are present.

MOE status

Moderate ACS confidence

$480 tax MOE, 15% of the median tax estimate.

Last site refresh

March 10, 2026

Dataset and page-quality audit run locally before publication.

County fallback

County context only

Queens County is used for assessor verification and broader context.

Tax bill anatomy

What can change your actual bill in ZIP 11101

Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.

Assessed value

The ZCTA median home value is $995,500, but your bill starts with the local assessed value for a specific parcel.

Effective rate

The displayed rate is 0.32%, derived from median tax paid divided by median home value.

Exemptions

Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.

Reassessment

A purchase can change assessed value depending on New York and county rules. Ask how sale price affects the next assessment cycle.

Escrow impact

The median tax paid in this ZCTA equals about $262 per month before insurance, HOA dues, or special assessments.

Assessor verification

Queens County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.

How ZIP 11101 Compares

Median Annual Property Tax

ZIP 11101$3,147
New York Average$5,252
National Average$2,690

ZIP 11101

0.32%

Effective rate

New York Avg

1.85%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in New York

0.32%state avg 1.85%7.99%

Lower than 100% of ZIP codes in New York(0th percentile, 1,598 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 11101

Property owners in ZIP code 11101 (Long Island City, New York) pay a median of $3,147/year in property taxes on homes valued at $995,500. This translates to an effective tax rate of 0.32%, which is 83% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 11101 is approximately $262, which factors into escrow payments on mortgages. This ZIP code is located within Queens County. This is $2,105 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 11101 has lower property taxes. ZIP codes with similar effective rates include 11975 (0.33%) and 11930 (0.33%).

In Long Island City, property taxes represent approximately 2.7% of the median household income of $116,807, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 11101, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Queens County's tax assessor directly.

Frequently Asked Questions

What is the property tax rate in ZIP code 11101?
The effective property tax rate in ZIP code 11101 (Long Island City, NY) is 0.32%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Long Island City, NY (11101)?
The median annual property tax payment in ZIP code 11101 is $3,147. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 11101 compare to the New York average?
ZIP code 11101's effective tax rate of 0.32% is lower than the New York state average of 1.85%. The median annual property tax in this ZIP is $3,147, compared to the state average of $5,252.
What is the median home value in ZIP 11101?
The median home value in ZIP code 11101 (Long Island City, NY) is $995,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 11101 in?
ZIP code 11101 is part of Queens County in New York. For broader county-level property tax data, including comparisons with other counties in New York, visit the Queens County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$480. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 11101 is part of Queens County, New York. View the full county profile for broader context and more data.

View Queens County on TaxByCounty →
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →