Property Taxes in New York

Name: Property Tax Bills Across New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median New York property tax rate: 2.39%, significantly higher than the national median of 1.02%. Median New York home value: $255,644. Median annual New York tax bill: $5,938, $3,538 higher than the national median property tax bill of $2,400. How are property taxes in New York calculated? Property taxes in New York are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in New York, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.39%

Estimate Property Tax Bill

$6,110

$5,670

$1,102

Average Tax Savings

Ownwell’s New York Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New York with just two data points. By entering your property's estimated assessed value, our calculator applies New York's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in New York. For those interested in more localized information, please scroll down to explore county and city-level trends!

Property Tax Rates Across New York

Local government entities in New York set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare a New York county’s effective property tax rate to other counties in New York or the U.S. median property tax rate. For instance, New York County has the highest effective property tax rate in New York, at 5.41%, while Otsego County has the lowest, at 0.66%.

Property Tax Rates Across New York

Source: Ownwell

0.66%

3.04%

5.41%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New York

County	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Albany	1.49%	2.16%	2.39%	2.71%	3.16%
Allegany	3.09%	3.37%	3.64%	4.09%	4.47%
Bronx	N/A	N/A	N/A	N/A	N/A
Broome	2.64%	2.96%	3.50%	4.42%	6.41%
Cattaraugus	1.18%	1.29%	1.53%	1.77%	2.37%
Cayuga	1.99%	2.32%	2.43%	2.74%	2.91%
Chautauqua	2.04%	2.42%	2.90%	3.47%	4.59%
Chemung	2.48%	2.68%	2.93%	3.96%	4.99%
Chenango	2.66%	2.89%	3.08%	3.34%	3.87%
Clinton	2.27%	2.40%	2.57%	2.75%	3.25%
Columbia	1.43%	1.50%	1.71%	1.94%	2.10%
Cortland	1.52%	3.03%	3.26%	3.67%	4.42%
Delaware	1.67%	2.04%	2.34%	2.77%	3.48%
Dutchess	1.83%	2.49%	2.86%	3.21%	4.24%
Erie	0.41%	0.41%	1.96%	2.74%	3.28%
Essex	1.16%	1.50%	1.92%	2.19%	2.79%
Franklin	1.60%	1.90%	2.45%	2.69%	3.20%
Fulton	1.62%	1.86%	2.23%	2.53%	2.71%
Genesee	2.53%	2.82%	3.18%	3.55%	3.93%
Greene	1.25%	1.51%	2.04%	2.20%	2.75%
Hamilton	0.58%	0.75%	0.85%	0.90%	1.03%
Herkimer	N/A	N/A	N/A	N/A	N/A
Jefferson	0.69%	1.62%	1.81%	2.06%	2.44%
Kings	0.23%	0.40%	0.67%	0.88%	3.15%
Lewis	1.91%	2.14%	2.38%	2.72%	2.91%
Livingston	2.45%	2.79%	2.99%	3.25%	3.47%
Madison	2.73%	2.89%	3.06%	3.69%	3.91%
Monroe	1.09%	1.84%	2.93%	3.48%	4.00%
Montgomery	1.38%	1.89%	2.37%	2.77%	3.42%
Nassau	1.36%	1.72%	2.10%	2.48%	2.76%
New York	1.13%	5.02%	5.41%	5.58%	5.63%
Niagara	1.50%	1.80%	2.34%	2.63%	2.86%
Oneida	0.77%	1.59%	2.27%	2.79%	3.02%
Onondaga	1.25%	2.42%	3.38%	3.77%	4.11%
Ontario	2.01%	2.37%	2.60%	2.88%	3.44%
Orange	2.37%	2.53%	2.78%	3.08%	3.34%
Orleans	2.72%	2.92%	3.38%	4.26%	4.69%
Oswego	2.42%	2.65%	2.93%	3.38%	4.08%
Otsego	0.36%	0.53%	0.66%	0.80%	0.84%
Putnam	2.42%	3.01%	3.27%	3.42%	3.74%
Queens	N/A	N/A	N/A	N/A	N/A
Rensselaer	2.03%	2.33%	2.60%	2.91%	3.08%
Richmond	0.62%	0.75%	0.85%	0.95%	1.04%
Rockland	N/A	N/A	N/A	N/A	N/A
St. Lawrence	2.36%	2.68%	3.02%	3.54%	4.51%
Saratoga	0.48%	1.26%	1.62%	1.88%	2.03%
Schenectady	2.50%	2.89%	3.48%	3.92%	4.32%
Schoharie	2.24%	2.66%	2.84%	3.01%	3.15%
Schuyler	1.80%	1.91%	2.27%	2.74%	3.10%
Seneca	1.92%	2.07%	2.53%	3.46%	3.75%
Steuben	2.10%	2.49%	2.84%	3.24%	3.52%
Suffolk	N/A	N/A	N/A	N/A	N/A
Sullivan	1.02%	1.23%	1.60%	2.22%	2.69%
Tioga	2.19%	2.46%	3.13%	3.44%	3.69%
Tompkins	2.08%	2.56%	2.79%	3.12%	3.49%
Ulster	1.60%	2.15%	2.67%	2.93%	3.61%
Warren	1.06%	1.23%	1.79%	2.12%	2.83%
Washington	1.88%	2.11%	2.41%	2.80%	3.23%
Wayne	2.53%	2.77%	3.01%	3.30%	3.68%
Westchester	0.34%	1.46%	2.29%	2.80%	3.15%
Wyoming	2.29%	2.56%	2.98%	3.67%	4.35%
Yates	1.66%	1.72%	1.79%	2.61%	2.95%

Source: Ownwell

Property Tax Assessment Values Across New York

Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in New York. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each New York county assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In New York, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in New York. For example, New York County has the highest median home price at $5,233,000.

Property Tax Assessment Values Across New York

Source: Ownwell

$72,000

$2,652,500

$5,233,000

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across New York

County	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Albany	$118,386	$162,105	$213,453	$286,813	$403,587
Allegany	$25,800	$45,300	$72,000	$108,700	$162,301
Bronx	N/A	N/A	N/A	N/A	N/A
Broome	$62,500	$85,873	$113,808	$157,895	$227,600
Cattaraugus	$34,117	$57,647	$88,597	$143,333	$222,222
Cayuga	$62,500	$93,200	$136,353	$200,638	$311,915
Chautauqua	$32,955	$57,156	$91,916	$148,293	$236,201
Chemung	$50,000	$68,571	$104,684	$161,429	$232,660
Chenango	$34,043	$59,286	$92,500	$135,659	$190,123
Clinton	$50,000	$97,700	$146,700	$207,000	$280,000
Columbia	$143,750	$202,557	$284,810	$417,389	$654,950
Cortland	$58,197	$88,048	$117,179	$164,268	$235,629
Delaware	$43,000	$77,500	$129,271	$193,906	$292,460
Dutchess	$186,210	$253,000	$321,800	$417,200	$562,800
Erie	$67,900	$133,300	$186,335	$265,263	$375,700
Essex	$16,596	$75,300	$151,489	$277,500	$479,276
Franklin	$31,250	$58,493	$100,730	$168,471	$288,359
Fulton	$49,443	$72,360	$117,346	$184,486	$281,154
Genesee	$68,243	$99,000	$137,000	$185,900	$254,044
Greene	$97,653	$152,070	$210,370	$301,805	$432,432
Hamilton	$56,000	$97,600	$177,800	$337,200	$530,000
Herkimer	N/A	N/A	N/A	N/A	N/A
Jefferson	$50,817	$88,750	$134,468	$202,381	$297,778
Kings	$130,537	$618,167	$1,094,000	$1,963,000	$5,644,400
Lewis	$31,776	$58,075	$102,300	$152,300	$222,100
Livingston	$68,640	$107,100	$161,700	$228,800	$327,400
Madison	$58,603	$91,495	$136,471	$204,940	$294,505
Monroe	$66,304	$118,000	$167,400	$234,400	$331,100
Montgomery	$47,869	$74,700	$107,500	$155,190	$219,571
Nassau	$395,000	$456,000	$537,000	$688,000	$987,000
New York	$150,253	$321,617	$5,233,000	$33,866,000	$78,918,000
Niagara	$66,800	$104,800	$156,739	$225,818	$310,700
Oneida	$62,500	$91,905	$126,923	$175,294	$250,000
Onondaga	$76,812	$108,696	$152,577	$216,500	$310,000
Ontario	$82,584	$123,700	$176,100	$282,326	$414,000
Orange	$132,500	$193,500	$278,100	$379,800	$508,800
Orleans	$47,900	$77,000	$108,800	$154,475	$214,730
Oswego	$43,478	$70,954	$108,696	$159,000	$215,625
Otsego	$48,000	$86,957	$130,728	$190,217	$282,062
Putnam	$199,094	$280,265	$378,400	$486,325	$639,610
Queens	N/A	N/A	N/A	N/A	N/A
Rensselaer	$97,727	$141,159	$193,797	$262,879	$354,674
Richmond	$450,000	$577,000	$698,000	$856,000	$1,060,000
Rockland	N/A	N/A	N/A	N/A	N/A
St. Lawrence	$32,547	$53,488	$83,455	$131,579	$197,492
Saratoga	$143,791	$202,174	$282,609	$389,000	$521,739
Schenectady	$97,927	$136,098	$185,500	$252,800	$333,700
Schoharie	$48,152	$86,207	$130,625	$185,469	$252,222
Schuyler	$54,000	$96,000	$150,000	$219,000	$317,000
Seneca	$60,460	$89,091	$129,610	$211,765	$361,183
Steuben	$40,816	$67,778	$102,326	$159,141	$253,007
Suffolk	N/A	N/A	N/A	N/A	N/A
Sullivan	$64,993	$105,164	$159,121	$249,001	$360,000
Tioga	$47,745	$81,967	$119,000	$166,774	$228,737
Tompkins	$98,000	$155,000	$225,000	$315,000	$430,000
Ulster	$126,316	$192,182	$268,649	$370,714	$510,417
Warren	$92,000	$150,250	$215,800	$327,100	$517,787
Washington	$67,937	$110,400	$158,585	$221,185	$319,308
Wayne	$63,622	$100,000	$152,100	$208,198	$278,400
Westchester	$210,100	$405,100	$589,473	$845,966	$1,335,460
Wyoming	$52,000	$82,000	$124,000	$184,375	$275,368
Yates	$66,700	$104,575	$166,700	$338,625	$625,000

Source: Ownwell

Property Tax Bills Across New York

Property tax bills in New York are calculated based on the assessed value of a property, which is determined by local assessors. The tax rate, applied to this assessed value, varies by locality. Homeowners in New York face a wide range of tax bills, with the 25th percentile at $3,290 and the 90th percentile reaching $14,828. Notably, New York County has the highest median tax bill at $16,162, while Otsego County has the lowest at $1,051. These figures are significantly higher than the national median tax bill of $2,400. Ownwell assists homeowners by identifying potential savings through appeals and exemptions, helping to reduce these burdensome tax bills.

Property Tax Bills Across New York

Source: Ownwell

$1,051

$8,607

$16,162

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across New York

County	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Albany	$2,004	$3,576	$4,990	$7,011	$9,894
Allegany	$947	$1,675	$2,710	$4,035	$5,910
Bronx	N/A	N/A	N/A	N/A	N/A
Broome	$2,143	$3,227	$4,421	$5,975	$8,241
Cattaraugus	$506	$903	$1,508	$2,384	$3,507
Cayuga	$1,429	$2,232	$3,328	$4,912	$7,532
Chautauqua	$1,026	$1,747	$2,807	$4,224	$6,381
Chemung	$1,797	$2,556	$3,435	$4,577	$6,350
Chenango	$996	$1,808	$2,965	$4,340	$5,998
Clinton	$1,186	$2,383	$3,822	$5,560	$7,543
Columbia	$2,320	$3,467	$4,915	$7,125	$10,892
Cortland	$1,212	$2,513	$3,928	$5,410	$7,540
Delaware	$1,136	$1,986	$3,106	$4,439	$6,172
Dutchess	$4,279	$6,567	$9,388	$12,708	$17,676
Erie	$192	$379	$2,315	$5,908	$7,680
Essex	$224	$1,482	$2,966	$5,205	$8,482
Franklin	$734	$1,407	$2,460	$3,870	$6,001
Fulton	$894	$1,562	$2,522	$3,948	$6,002
Genesee	$2,065	$3,185	$4,359	$5,854	$7,651
Greene	$1,782	$2,907	$4,183	$5,865	$8,035
Hamilton	$455	$809	$1,483	$2,722	$4,298
Herkimer	N/A	N/A	N/A	N/A	N/A
Jefferson	$592	$1,137	$2,407	$3,782	$5,556
Kings	$2,587	$4,676	$6,747	$9,153	$12,568
Lewis	$729	$1,354	$2,429	$3,610	$5,091
Livingston	$2,135	$3,359	$4,819	$6,685	$9,270
Madison	$1,828	$3,031	$4,460	$6,528	$9,174
Monroe	$837	$2,361	$5,200	$7,307	$10,297
Montgomery	$907	$1,584	$2,451	$3,741	$5,395
Nassau	$6,819	$9,127	$11,613	$14,810	$19,714
New York	$5,884	$10,304	$16,162	$27,742	$46,006
Niagara	$1,021	$1,982	$3,626	$5,518	$7,746
Oneida	$794	$1,442	$2,574	$4,219	$6,233
Onondaga	$1,173	$2,671	$5,213	$7,311	$10,114
Ontario	$2,106	$3,313	$4,698	$7,249	$10,533
Orange	$3,661	$5,366	$7,888	$10,751	$14,072
Orleans	$1,773	$2,826	$3,855	$5,093	$6,669
Oswego	$1,238	$2,063	$3,405	$4,891	$6,545
Otsego	$471	$710	$1,051	$1,495	$2,064
Putnam	$5,151	$8,818	$11,749	$14,878	$19,068
Queens	N/A	N/A	N/A	N/A	N/A
Rensselaer	$2,220	$3,459	$5,040	$6,944	$9,464
Richmond	$3,218	$4,428	$5,884	$7,441	$9,362
Rockland	N/A	N/A	N/A	N/A	N/A
St. Lawrence	$953	$1,657	$2,611	$4,065	$6,046
Saratoga	$1,118	$2,376	$4,340	$6,310	$8,859
Schenectady	$3,474	$4,640	$5,926	$8,018	$11,186
Schoharie	$1,253	$2,268	$3,729	$5,344	$7,179
Schuyler	$1,185	$2,213	$3,536	$5,118	$7,037
Seneca	$1,480	$2,462	$3,564	$5,430	$8,129
Steuben	$1,074	$1,817	$2,992	$4,571	$6,959
Suffolk	N/A	N/A	N/A	N/A	N/A
Sullivan	$890	$1,620	$2,467	$3,625	$5,506
Tioga	$1,225	$2,227	$3,510	$5,179	$7,268
Tompkins	$2,124	$3,980	$6,186	$9,203	$12,645
Ulster	$2,931	$4,764	$6,879	$9,432	$12,533
Warren	$1,448	$2,567	$4,027	$5,717	$8,038
Washington	$1,609	$2,721	$3,943	$5,346	$7,366
Wayne	$1,977	$3,131	$4,668	$6,425	$8,361
Westchester	$1,662	$4,254	$12,812	$20,083	$30,550
Wyoming	$1,475	$2,722	$3,932	$5,456	$7,582
Yates	$1,380	$2,400	$3,654	$6,286	$10,727

Source: Ownwell

Want to lower your New York property taxes?

Looking to reduce your New York property taxes? Ownwell is the leading property tax appeal company in New York. Ownwell specializes in helping New York property owners lower their taxes and works with county tax assessors all across the state every year. Through our tax monitoring service, we will collect everything from you to maximize your tax reductions. We navigate the complexities of New York property tax appeals and all available New York property tax exemptions, so you don’t have to. Whether you're a homeowner, a real estate investor, or an asset manager employee, our local New York team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities to reduce property taxes. By handling the appeal process from start to finish, we not only simplify the procedure but also enhance your chances of securing a favorable outcome. Let Ownwell be your partner in lowering your New York property tax expenses through our proven strategies and professional advocacy.

Property Tax Grievances in New York

In New York, the property tax protest process allows homeowners to challenge their property tax assessments if they believe them to be inaccurate. The process begins with the homeowner filing a grievance with their local assessor's office. This must be done during the designated grievance period, which typically falls between May and June. Once the grievance is filed, the local Board of Assessment Review (BAR) evaluates the appeal. Homeowners can present evidence to support their claim that their property's assessed value is too high, such as recent sales data of comparable properties or an independent appraisal.

The BAR will review the evidence and make a determination. If the board agrees with the homeowner, they may lower the assessed value, resulting in a reduced tax bill. However, if the board upholds the original assessment, homeowners have the option to take their appeal to the Small Claims Assessment Review (SCAR) or the New York State Supreme Court, depending on the specifics of the case.

Ownwell can significantly ease the burden of navigating this process. By leveraging expertise in property tax law and local market conditions, Ownwell can help homeowners compile the necessary evidence and present a compelling case to the BAR. The firm’s consultants are well-versed in the nuances of the appeal process, ensuring that homeowners have the best possible chance of securing a favorable outcome. With Ownwell’s assistance, homeowners can feel confident that they are not paying more than their fair share of property taxes, allowing them to save money and achieve peace of mind.

Exemptions in New York

New York offers several property tax exemption programs designed to alleviate the financial burden on homeowners. One of the most significant is the School Tax Relief (STAR) program, which provides relief on primary residences. Eligible homeowners can benefit from either the Basic STAR or Enhanced STAR exemption, depending on their age and income. The Basic STAR is available to owners of a primary residence with an income of $500,000 or less, while the Enhanced STAR is for seniors aged 65 and older with incomes not exceeding a specified limit.

Another key exemption is the Veterans Exemption, which offers reductions to honorably discharged veterans and their families. The exemption amount varies based on service location and disability status. Additionally, New York provides the Senior Citizens Exemption, which offers a sliding-scale exemption for homeowners aged 65 and older with limited income.

Homeowners can apply for these exemptions through their local assessor's office by submitting the required forms and documentation by the designated deadline. Navigating these exemptions can be daunting, but Ownwell is here to help. Our experts simplify the process, ensuring homeowners maximize their savings by identifying eligible exemptions and assisting with the application process. With Ownwell, homeowners can confidently take advantage of New York's property tax relief programs.

Available Exemptions