New York Property Tax Calculator
Homeowners in New York pay an average effective property tax rate of 1.3%. The median bill is $6,582 a year on a median home value of $423,800.
Property tax on homes in New York
| Home value | Yearly tax | Monthly |
|---|---|---|
| $200,000 | $2,600 | $217 |
| $300,000 | $3,900 | $325 |
| $400,000 | $5,200 | $433 |
| $500,000 | $6,500 | $542 |
| $750,000 | $9,750 | $813 |
The effective rate was 1.31% a year earlier. Most states let owners who live in their home claim a homestead exemption or credit that lowers the taxable value; check with your county assessor before you budget.
Data: owner-occupied housing, Census American Community Survey 2020–2024 via Tax Foundation. Reviewed 2026-10-25.
Sources: taxfoundation.org
Frequently asked questions
What is the property tax rate in New York?
The average effective rate is 1.3% of home value (11th highest of 50 states and DC). Rates differ by county, city and school district.
How much is property tax on a $300,000 home in New York?
About $3,900 a year ($325 a month) at the statewide average rate.