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Thursday
Jun092016

FYI - Empire Center Lists Islandia As Highest Tax Rate In Suffolk County

Empire Center has produced a chart listing highest (effective tax rate) tax areas in NY. The chart is broken down into regions. Smithtown did not make it into the top twenty. Babylon has nine hamlets in the top twenty followed by Islip with six, Brookhaven with four hamlets and Riverhead with one.

The village of Islandia had the highest effective property tax rate in Suffolk County, paying $42.64 per $1,000 of property values during 2014, according to the newest edition of Benchmarking NY, the Empire Center’s annual examination of local property taxes.

“There’s no question that New Yorkers pay some of the highest property taxes in the country, but the burden can vary widely even among neighboring jurisdictions,” said Tim Hoefer, executive director of the Empire Center. “By making it easier to compare taxes in different localities, we hope to encourage local taxpayers and elected officials to search for ways of reducing taxes and spending.”

The lowest effective tax rate in the state was $4.70 per $1,000, levied on properties in Southampton falling within the Sagaponack school district. The taxes on a median-value home there were $2,769, the lowest in Suffolk County. See More

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