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New York Property Tax Calculator

Applies New York’s effective rate of 1.30%.

New York property tax estimator

Applies New York’s effective rate of 1.30%.

Estimated annual tax —
Monthly escrow —
Saved by exemption —

Figures computed from Tax Foundation (2024-2026 rate tables) and U.S. Census Bureau (2024 5-year). Page last reviewed 2026-08-27. Estimates only — verify with the relevant agency before acting.

New York at a glance

FigureNew YorkSource
Effective property tax rate1.30%[2]
Median home value$526,000[2]
Tax on the median home$6,838[2]
Homestead exemptionNone / local only[1]

[2] [1] Sources

Effective property tax rate — all 50 states

New York highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.

Effective property tax rate — all 50 states. New York is 1.30%, ranked 11 of 50. The national median is 0.79%, the highest is 1.88% (Illinois), and the lowest is 0.29% (Hawaii). IL 1.88% NJ 1.88% CT 1.54% VT 1.51% NH 1.50% NE 1.44% TX 1.40% OH 1.36% IA 1.33% WI 1.32% NY 1.30% PA 1.26% KS 1.21% MI 1.19% RI 1.12% MA 1.00% MN 1.00% SD 1.00% ME 0.98% AK 0.94% MD 0.92% ND 0.92% MO 0.89% OR 0.81% GA 0.79% OK 0.79% FL 0.78% VA 0.78% IN 0.76% WA 0.75% KY 0.74% CA 0.70% NC 0.66% NM 0.63% MT 0.61% MS 0.58% AR 0.56% LA 0.55% DE 0.54% WY 0.53% TN 0.52% WV 0.51% CO 0.50% ID 0.50% NV 0.50% SC 0.49% AZ 0.48% UT 0.48% AL 0.37% HI 0.29%

Highlighted: New York, ranked 11 of 50. Median 0.79%.

New York property tax by home value

Annual tax at New York's 1.30% effective rate, with and without homestead.

Home valueAnnualMonthlyNo exemption
$75,000$975$81$975
$100,000$1,300$108$1,300
$125,000$1,625$135$1,625
$150,000$1,950$163$1,950
$175,000$2,275$190$2,275
$200,000$2,600$217$2,600
$225,000$2,925$244$2,925
$250,000$3,250$271$3,250
$300,000$3,900$325$3,900
$350,000$4,550$379$4,550
$400,000$5,200$433$5,200
$450,000$5,850$488$5,850
$500,000$6,500$542$6,500
$600,000$7,800$650$7,800
$700,000$9,100$758$9,100
$850,000$11,050$921$11,050
$1,000,000$13,000$1,083$13,000
$1,250,000$16,250$1,354$16,250

Worked figures for New York

New York values:

ValueAnnualMonthlyEffective
$100,000$1,300$1081.30%
$150,000$1,950$1631.30%
$200,000$2,600$2171.30%
$250,000$3,250$2711.30%
$300,000$3,900$3251.30%
$400,000$5,200$4331.30%
$500,000$6,500$5421.30%
$600,000$7,800$6501.30%
$750,000$9,750$8131.30%
$900,000$11,700$9751.30%
$1,000,000$13,000$1,0831.30%
$1,500,000$19,500$1,6251.30%

How New York compares nationally

On effective property tax rate, New York ranks #11 of 50 at 1.30% — 65% above the median of 0.79%. The national range runs from 0.29% (Hawaii) to 1.88% (Illinois).

RankStateEffective property tax rate
#9Iowa1.33%
#10Wisconsin1.32%
#11New York1.30%
#12Pennsylvania1.26%
#13Kansas1.21%

Mid-range effective rates, ranked

Same rule structure as New York:

StateEffective property tax ratevs New York
Nebraska1.44%+10.8%
Texas1.40%+7.7%
Ohio1.36%+4.6%
Iowa1.33%+2.3%
Wisconsin1.32%+1.5%
New York1.30%—
Pennsylvania1.26%-3.1%
Kansas1.21%-6.9%
Michigan1.19%-8.5%
Rhode Island1.12%-13.8%
Massachusetts1.00%-23.1%
Maine0.98%-24.6%

New York questions, answered with New York numbers

What is property tax on a median New York home?▾
New York's median home is $526,000 and its effective rate is 1.30%, giving roughly $6,838 a year — about $570 a month in escrow.
What about a $500,000 home?▾
Approximately $6,500 annually.
Does New York have a homestead exemption?▾
New York has no flat statewide homestead exemption; relief is handled locally, so check with your county assessor.

Other mid-range effective rates

Alaska California Florida Georgia Indiana Iowa Kansas Kentucky

Last reviewed 2026-08-27. New York figures only — verify with the relevant New York agency before acting. How this is calculated.