Nassau data: Fewer low-income home owners seek tax reduction
Photo credit: Newsday / John Paraskevas | On their first day as homeowners, Alberto and Dolfania Polanco look over their closing papers. The couple recently found out from their real estate agent that they are qualified to grieve their property taxes on their newly purchased home. (July 12, 2012)
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Residents of lower-income and minority communities across Nassau County are far less likely to challenge their tax assessments than those in higher-income areas, potentially leaving these areas out of a yearly windfall that saves an estimated $20 million in property taxes for homeowners.
A Newsday analysis of county assessment data found that fewer than 15 percent of the residential properties...
