New York County, NY Property Tax: $10,001/yr (2026)
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The effective property tax rate in New York County is 0.90% of assessed home value. On a home at the county median value of $1,108,900, that works out to about $9,980 per year, or $832 per month. New York County is located in southeastern New York, and is home to approximately 1,627,788 residents.
About New York County
New York County covers approximately 22.7 square miles in New York. The county is home to about 1,627,788 residents living in roughly 918,806 housing units, of which 20.9% are owner-occupied. The median household income is $104,553, and the median home was built in 1951.
New York County borders Bergen County, Hudson County, Bronx County, Kings County, Queens County — useful comparisons if you're considering nearby areas with potentially different tax rates.
How Property Taxes Work in New York
Property taxes in New York are administered at the county level. Each county sets a millage rate applied to the assessed value of real property — the effective rate above accounts for any partial assessments and exemptions already built into the local tax base. Assessed value can differ meaningfully from current market value depending on how often the county reassesses and what fraction of market value it uses.
Most counties in New York offer exemptions that reduce the taxable assessed value: homestead exemptions for primary residences, senior exemptions, disability exemptions, and veteran exemptions are common. These reduce your effective rate below the county-wide average shown here. Contact the New York County Assessor's office to learn which exemptions apply to your property and when to file.
New York County vs. Neighboring Counties
| Location | Eff. Rate | Median Home | Annual Tax |
|---|---|---|---|
| New York County, NY | 0.90% | $1,108,900 | $9,980 |
| New York state average | 2.05% | — | $22,732* |
| Bergen County | 1.69% | $593,200 | $10,001 |
| Hudson County | 1.85% | $508,600 | $9,413 |
| Bronx County | 1.03% | $517,000 | $5,310 |
| Kings County | 0.69% | $889,700 | $6,120 |
| Queens County | 0.88% | $699,200 | $6,130 |
| US national average | 1.10% | $281,900 | $3,101 |
*State average annual tax computed at New York County's median home value of $1,108,900. Source: US Census ACS 2023 5-year estimates.
Frequently Asked Questions
How does New York County's property tax rate compare to the rest of New York?
At 0.90%, New York County is lower than the New York state average of 2.05%. On a home at the county median of $1,108,900, that means about $9,980 per year — versus $22,732 at the state average rate, a difference of $12,752 per year. Compared to the national average of 1.10%, New York County is below average.
What's a typical annual property tax bill in New York County?
For a home at the county median value of $1,108,900, the annual property tax in New York County is approximately $9,980 — or about $832 per month. For a home worth $1,663,350, expect around $14,970 per year. For a $2,217,800 home, approximately $19,960 per year. Use the calculator above to estimate taxes for any assessed value.
Where do I appeal a New York County property tax assessment?
Property assessment appeals in New York County are handled by the New York County Assessor's office. Most jurisdictions require filing within 30–90 days of receiving your assessment notice — confirm the specific deadline with the assessor's office before submitting, as deadlines and procedures vary by county. A successful appeal can reduce your assessed value and lower your tax bill for the current and future tax years.
What exemptions are available in New York County?
New York counties commonly offer homestead exemptions for owner-occupied primary residences, senior citizen exemptions for qualifying homeowners aged 65 and older, exemptions for disabled residents, and veterans' exemptions. Each exemption reduces your assessed taxable value, which in turn reduces your effective tax rate below the county-wide 0.90% shown here. Contact the New York County Assessor's office to confirm which exemptions are available and the application deadlines.
Data sources: US Census Bureau ACS 2023 5-Year Estimates, US Census Gazetteer (2024), County Adjacency File