New York City spans five boroughs across five counties, each with distinct property tax rates. Compare property tax rates, calculate your bill, and see how New York compares to New York and U.S. averages.
Effective Rate
0.90%
Median Home Value
$1,108,900
Median Tax Bill
$10,002
Tax on $400K Home
$3,608
Calculate Property Tax in New York
Enter your home value to estimate your annual property tax bill.
New York, New York has an effective property tax rate of 0.90%. This is calculated as median property taxes paid divided by median home value in New York County, based on U.S. Census Bureau ACS 2023 data.
New York's effective rate of 0.90% compares to New York's state average of 1.22%. This is lower than the state average.
The median home value in New York County (which includes New York) is $1,108,900, based on Census ACS 2023 data.
Property tax due dates vary by New York county. New York County typically follows New York state guidelines. Check with the county tax collector for exact deadlines.
Property tax in New York is calculated by multiplying your home's assessed value by the local effective tax rate (currently 0.90%). Exemptions like homestead, senior, or veteran exemptions may reduce your taxable value.