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New York (1.60% Avg Rate)

2026 federal, state and local taxes

New York Property Tax Calculator (2026)

Estimate your 2026 New York property tax. At the state's 1.60% average rate, a $460,000 home pays about $7,360 a year.

Your Estimated Property Tax

Escrow
Annual Property Tax $7,360 $613 a month in escrow
Effective Tax Rate 1.60% New York State Average
10-Year Total at 3% Growth $84,374 $3,220 a year above the U.S. average

New York Property Tax by Home Value

Home Value NY Effective Rate Annual Property Tax Monthly Escrow At the U.S. Average (0.90%)
$250,000 1.60% $4,000 $333 $2,250
$350,000 1.60% $5,600 $467 $3,150
$500,000 1.60% $8,000 $667 $4,500
$650,000 1.60% $10,400 $867 $5,850
$800,000 1.60% $12,800 $1,067 $7,200
$1,000,000 1.60% $16,000 $1,333 $9,000

New York and Its Neighbors

Property Tax
State Average Rate Typical Home Bill on Typical Home Bill on $350,000
New Jersey 2.23% $515,000 $11,485 $7,805
Connecticut 1.96% $405,000 $7,938 $6,860
Vermont 1.71% $380,000 $6,498 $5,985
New York 1.60% $460,000 $7,360 $5,600
Pennsylvania 1.35% $270,000 $3,645 $4,725
Massachusetts 1.12% $615,000 $6,888 $3,920

Statewide average effective rates; local rates vary a lot within each state.

Property Tax Calculators by State

50 States + D.C.

How This Calculator Works

New York's average effective property tax rate is 1.60% of a home's value each year, the 2nd highest of 51 (50 states and D.C.). On the state's typical home, worth about $460,000, that comes to roughly $7,360 a year, or $613 a month in escrow.

Because home prices differ so much, the yearly bill ranks differently from the rate: New York's bill on a typical home is the 4th largest of 51 (50 states and D.C.). On a $350,000 home it would be about $5,600.

Of New York's neighbors, Massachusetts (1.12%) and Pennsylvania (1.35%) have a lower average rate; the table below lists them all.

These are New York averages; your county, city and school district set the actual bill.

Frequently Asked Questions

What is the property tax on a $300,000 house in New York?

About $4,800 a year ($400 a month) at New York's 1.60% average rate. A $500,000 house would pay about $8,000.

Is New York a high property tax state?

Yes. New York's average rate of 1.60% is the 2nd highest of 51 (50 states and D.C.).

How much is sales tax in New York?

New York's state rate is 4.00% and local add-ons average 4.54%, for a combined average of 8.54%, the 10th highest of 51 (50 states and D.C.).

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Neighboring states