Property Tax in New York

State Overview

New York has a median effective property tax rate of 2.45%. For a home valued at $300,000, the estimated annual property tax is $7,355above the national median of 1.07%. Rates vary significantly by county and city; use the calculator below or browse by county to find your exact rate.

New York's property tax picture is complicated by the fact that New York City uses a very different system than the rest of the state, and within NYC, different property types are taxed very differently. Long Island (Nassau and Suffolk counties) and Westchester County have some of the highest bills in the country, regularly exceeding $10,000 to $15,000 a year.

Property Tax Calculator

Calculate your estimated property tax in New York

50th Percentile (Median):
2.452%
$50K$10M

Annual Property Tax

$3,678

Monthly Property Tax

$306

* This is an estimate based on the median tax rate. Actual taxes may vary based on local assessments and exemptions.

Tax Rate Breakdown

Property tax rates in New York

25th Percentile

LOW

2.272%

25% of properties pay this rate or less

50th Percentile (Median)

TYPICAL

2.452%

50% of properties pay this rate or less

75th Percentile

HIGH

2.605%

25% of properties pay more than this rate

These percentiles show the range of property tax rates. 25% of properties pay less than the low rate, 50% pay less than the median, and 75% pay less than the high rate.

Understanding the Range

The difference between the 25th and 75th percentiles is 0.334%, indicating the variation in property tax rates within this area. Use the median (50th percentile) for the most typical estimate.

New York Property Tax vs. National Average

New York (this state)2.452%
National median▼ lower1.070%

State averages sourced from Tax Foundation 2024 data. National median: 1.07%.

Estimated Annual Property Tax in New York

Based on the median rate of 2.452%. Actual taxes depend on assessed value and local exemptions.

Home ValueAnnual TaxMonthly Equivalent
$150,000$3,678$306/mo
$250,000$6,130$511/mo
$350,000$8,581$715/mo
$500,000$12,259$1,022/mo
$750,000$18,389$1,532/mo
$1,000,000$24,518$2,043/mo

Frequently Asked Questions

The median property tax rate across New York is 2.45%. This rate varies significantly by county and city. Browse our comprehensive database to find rates in your specific area.

When Are Property Taxes Due in New York?

Payment Schedule

Varies

Due Date(s)

Varies by county

New York City has its own quarterly schedule (July 1, Oct 1, Jan 1, Apr 1).

Always verify exact deadlines with your local county assessor or tax collector, as dates can vary by municipality.