County Housing Costs

New York property tax

Official source data 2024

On a $400,000 home in New York

$6,212

estimated annual property tax

$518monthly budget
1.55%state effective rate

ACS 2020-2024 ratio of medians. This estimate does not use your parcel’s assessment or district tax rates.

Make it your number.

New York, New York

Your actual bill depends on your local assessment, exemptions, and taxing districts.

A home value. A yearly budget.

These scenarios use the same 1.55% effective rate. They do not predict an individual tax assessment.

Property tax scenarios in New York
Home valueAnnual estimateMonthly budget
$100,000$1,553$129
$150,000$2,330$194
$200,000$3,106$259
$250,000$3,883$324
$300,000$4,659$388
$350,000$5,436$453
$400,000$6,212$518
$450,000$6,989$582
$500,000$7,765$647
$600,000$9,319$777
$750,000$11,648$971
$1,000,000$15,531$1,294
$1,250,000$19,414$1,618
$1,500,000$23,296$1,941
$1,750,000$27,179$2,265
$2,000,000$31,062$2,588

Property tax by county.

62 counties and county equivalents in New York. Median taxes and values come from ACS 2024.

County property-tax data in New York
CountyEffective rateMedian tax paidYour value estimate
Kings County0.71%$6,382$2,821
Queens County0.87%$6,297$3,480
New York CountyNot availableNot availableNot available
Suffolk CountyNot availableNot availableNot available
Bronx County1.03%$5,447$4,115
Nassau CountyNot availableNot availableNot available
Westchester CountyNot availableNot availableNot available
Erie County1.98%$4,622$7,908
Monroe County2.63%$5,616$10,512
Richmond County0.92%$6,247$3,699
Onondaga County2.44%$4,880$9,750
Orange County2.19%$8,494$8,759
Rockland CountyNot availableNot availableNot available
Albany County1.77%$5,200$7,060
Dutchess County1.89%$7,562$7,551
Saratoga County1.40%$4,875$5,594
Oneida County2.02%$3,690$8,083
Niagara County2.19%$4,155$8,757
Broome County2.52%$3,902$10,076
Ulster County1.77%$6,238$7,079
Schenectady County2.36%$5,568$9,449
Rensselaer County2.05%$5,301$8,206
Chautauqua County2.27%$2,901$9,073
Oswego County2.40%$3,646$9,614
Jefferson County1.54%$2,899$6,162

What can change your bill?

The ACS effective rate is a ratio of medians, not a statutory rate. Local assessed values, levies, classification, caps and exemptions determine the actual bill.

Exemptions & assessment

No uniform flat exemption is applied. Enter your assessor-provided assessment ratio and qualifying exemption for a separate statutory scenario.

Payment dates & appeals

School bills commonly arrive in September and county/town bills in January. Calendars differ in some counties, cities and villages; confirm the payment deadline with that tax collector.

Grievance Day is the fourth Tuesday in May in many towns, but local exceptions are extensive. Form RP-524 must be received by the relevant deadline; verify your municipality's assessment-roll calendar.

Check New York’s official property-tax guidance

Use an assessed value, exemption, and local millage

This separate scenario needs your assessor’s inputs. An exemption applies only to eligible levies; do not apply it to the county’s historical effective rate.

1 mill = $1 per $1,000 of taxable assessed value.

Good questions. Clear answers.

How much is property tax on a $400,000 home in New York?

The historical effective-rate estimate is $6,212 per year, or $518 a month. It multiplies $400,000 by 1.55%.

Is the effective rate the rate on my tax bill?

No. It is median real-estate taxes paid divided by median home value in the ACS 2020-2024 survey. Your taxing districts, assessed value, classification and exemptions determine your bill.

Can I subtract a homestead exemption from this estimate?

Use the separate statutory scenario with a qualifying levy. Subtracting an exemption from an ACS effective-rate estimate can double-count relief already reflected in taxes paid.

Does a higher purchase price change my assessment?

Assessment rules and reassessment dates vary by state and locality. Contact the linked official property-tax office before relying on a historical county ratio.

How do I appeal a property-tax assessment?

Read the deadline and procedure on your assessment notice, then use the official state guidance above to locate your assessor or review board. County survey data does not establish your appeal deadline.

Check the source.

Data as of 2024. Retrieved .

Read the assumptions and calculation methods