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New York Property Tax Calculator,
know what you owe.
Enter your home value to instantly see your estimated annual and monthly New York property tax — though few states have a wider gap between what this statewide average implies and what you'll actually pay.
Inputs
Your property
Effective rate
1.36%
State average
National rank
#15
of 51 (highest first)
Rates vary by county. This uses a statewide average effective rate. Your actual bill depends on your local levy, assessment ratio, and any exemptions you qualify for.
Estimate only. Contact your local tax assessor for your exact bill.
Annual property tax
$5,440/yr
New York · 1.36% avg effective rate
Home value
$400,000
Monthly tax
$453
per month
Daily tax
$14.90
per day
State rank
#15 / 51
highest → lowest
Breakdown
How your tax breaks down
Annually
$5,440
/ year
Monthly
$453.33
/ month
Weekly
$104.62
/ week
Tax as % of home value
1.36%
National ranking
How New York compares
| Rank | State | Avg rate |
|---|---|---|
| #1 | New Jersey | 2.23% |
| · · · | ||
| #13 | Kansas | 1.37% |
| #14 | Michigan | 1.36% |
| #15 | New Yorkyou | 1.36% |
| #16 | Massachusetts | 1.12% |
| #17 | Maine | 1.10% |
| · · · | ||
| #51 | Hawaii | 0.27% |
Ranked highest (#1) to lowest (#51 incl. D.C.). Source: Tax Foundation / WalletHub 2024 average effective rates.
New York property tax guide
How property tax works in New York
New York’s average effective property tax rate is 1.36% of a home’s market value — ranking #15 of 51 states (including D.C.), from highest to lowest. That average masks real county-by-county variation, but it’s the right starting point for budgeting what homeownership actually costs.
Why the statewide average barely applies in New York
New York’s statewide average effective rate is a genuinely misleading number for most New Yorkers, because the state contains two very different property tax systems. Upstate metro areas like Buffalo and Rochester routinely see effective rates of 2.5%–3% or higher — among the steepest in the country. New York City, meanwhile, taxes owner-occupied 1-3 family homes (Class 1) at an effective rate closer to 0.9%–1.2%, despite having the highest home values in the state.
The reason is structural, not a fluke: NYC assesses Class 1 properties at only 6% of market value and caps how fast that assessed value can rise (6% a year, 20% over five years), so even a nominal tax rate of roughly 20% ends up as a low effective rate against the home’s real market value. If you own or are shopping for a home in New York, which side of that NYC/upstate line you’re on matters far more than the statewide average — treat the number above as a rough starting point, not a substitute for your specific county’s rate.
Worked example
A $550,000 home in New York — a realistic figure for the state’s current median — comes out to $7,480 a year in property tax at the state average rate, or about $623 a month if it’s escrowed into a mortgage payment.
Disclaimer
This calculator uses New York’s average effective property tax rate (taxes paid ÷ home market value), sourced from Tax Foundation and WalletHub 2024 data. Actual rates vary by county, city, and school district, and exemptions or assessment limitations you qualify for aren’t reflected here. For your actual tax liability, contact your local county assessor’s office.
New York's statewide average masks an unusually wide NYC-vs-upstate gap driven by New York City's distinct assessment-ratio system for 1-3 family homes. For comparison, see Tax Foundation.