How LI property taxes stack up to homes in the country’s top-rated school districts…

As the Long Island housing market continues to recover from the malaise of the Great Recession and the glut of foreclosures created by the subprime mortgage crisis, increased sales activity and slowly rising prices have helped to stabilize the area’s residential real estate industry.

While most listings take an average of three to four months to sell, many properties here linger longer, often because high property taxes limit their affordability and keep some prospective buyers at bay.

Hefty taxes burden many Long Island properties, with as much as 70 percent of the take going to finance local school districts. Indeed, Long Islanders often reconcile paying some of the nation’s highest property taxes by pointing to the quality of area schools.

However, only one Long Island school district (Jericho) made this year’s list of the top 25 districts in the country and only four (Jericho, Great Neck, Syosset and Port Washington) made the top 100.

With that in mind, LIBN took a closer look at comparable real estate for sale in the top-ranked school districts in the U.S. to see what their property taxes look like and where homebuyers may be getting a better bang for their buck.

Here are some comparable homes for sale, their property taxes and how school districts measures up:

Listings of these homes on Realtor.com: Devon, Pa and East Rockaway

The school district rankings from K12Niche.com are based on state test scores, college readiness, graduation rates, SAT/ACT scores, teacher quality, student and parent reviews, and other factors that measure overall excellence. Niche uses statistics from the U.S. Department of Education that represent the most recent data available as self-reported by each school district, but may not necessarily reflect current numbers.

School district rankings can be viewed at:

https://k12.niche.com/rankings/public-school-districts/best-overall/

Property and tax data was sourced from Realtor.com, the Multiple Listing Service of Long Island and public records.

NOTE: This is a multi-page story. Please click the link below to see more property comparisons.