Loan Tax CalculatorNew York property tax
Effective rate
1.30%
Median home value
$485,932
Average annual tax
$6,317
Rank of 51
#11
1 = highest effective rate
New York's rate is 0.40 points above the national average of 0.90%. On the median-priced New York home, that's about $526 per month added to the mortgage payment.
Estimate your New York property tax
Annual tax—
Monthly escrow—
At the average effective rate of 1.30%. Local county and municipal rates vary.
Tax on typical home values
| Home value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $3,250 | $271 |
| $400,000 | $5,200 | $433 |
| $600,000 | $7,800 | $650 |
How New York compares
New Jersey1.88%
Connecticut1.81%
Vermont1.51%
New Hampshire1.50%
New York (this state)1.30%
Pennsylvania1.26%
Massachusetts1.00%
National average0.90%
Homestead exemptions & relief
STAR Program (School Tax Relief): ~$30,000 off school district assessed value for eligible homeowners; varies by municipality; income limits apply; $102,400-$204,825 creditor protection range