New York, New York — Tax Burden
What is the tax burden in New York, New York?
New York, New York has a total tax burden of 16.09%, ranking #278 nationally. Property tax rate: 0.84%, state income tax: 5.285%, sales tax: 8.52%. Median household income is $76,607.
Source: US Census ACS, 2022
Ranked #278 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
16.09%
Rank: 278th nationally
Property Tax Rate
0.84%
Rank: 4160th nationally
Income Tax Rate
5.285%
New York state rate
Sales Tax Rate
8.52%
State + local combined
Tax Burden Breakdown
Property (50%)Income (33%)Sales (17%)
Median Income: $76,607
Median Home Value: $732,100
Median Property Tax: $6,121/yr
Population: 8,622,467