Bronx County, New York Property Taxes

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

Median Bronx County effective property tax rate: 0.85%, significantly lower than the national median of 1.02%.
Median Bronx County home value: $704,000
Median annual Bronx County tax bill: $5,572, $3,172 higher than the national median property tax bill of $2,400.

How are property taxes in Bronx County calculated?

Property taxes in Bronx County 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. Whether you live in the Bronx or another part of Bronx County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bronx County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$5,984

$5,553

Ownwell’s Bronx County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bronx County with just two data points.

By entering your property's estimated assessed value, our calculator applies Bronx County’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 Bronx County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bronx County, New York

Local government entities set tax rates, which can vary widely within a state. 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.

In Bronx County, NY, the effective property tax rate is 0.85%, which is lower than the national median of 1.02%. This can result in significant savings for property owners compared to the national average. Moreover, when comparing Bronx County to other counties in New York, it stands out with its competitive tax rate, which can be appealing to potential homeowners and investors. Understanding these differences can be crucial for property owners looking to make informed decisions about their investments. Whether you're considering purchasing property or are a current homeowner, being aware of the property tax landscape can help you manage your expenses more effectively.

Property Tax Rates Across Bronx County, New York

Source: Ownwell

0.39%

0.82%

1.25%

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 Bronx County Tax Rate

0.85%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bronx County, New York

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Pelham	0.73%	0.77%	0.81%	0.92%	0.95%
Bronx	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bronx County, New York

When examining property taxes in Bronx County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bronx County appraisal district 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 Bronx County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Bronx County. For example, the median tax bill in Bronx County is $11,588, with tax bills ranging significantly across the county. Pelham has the highest median home price at $1,347,500.

Property Tax Assessment Values Across Bronx County, New York

Source: Ownwell

$62,719

$2,655,860

$5,249,000

Median Bronx County Market Value

$704,000

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bronx County, New York

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Pelham	$1,037,200	$1,203,500	$1,347,500	$1,643,750	$2,143,700
Bronx	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bronx County, New York

In Bronx County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Bronx County experience property tax bills that can vary significantly. For instance, the 25th percentile tax bill is $3,178, while the 75th percentile reaches $6,906, and the 90th percentile can soar to $8,416. These figures highlight the broad range of property tax burdens faced by residents. Compared to the national median property tax bill of $2,400, Bronx County's tax bills are notably higher, reflecting the area's elevated property values. The highest and lowest median tax bill in the county is $11,588, found in Pelham, illustrating the impact of location and property value on tax bills. Homeowners must consider these factors when budgeting for annual expenses, as property taxes can significantly influence overall housing costs.

Property Tax Bills Across Bronx County, New York

Source: Ownwell

$869

$6,229

$11,588

Median Bronx County Tax Bill

$5,572

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Bronx County, New York

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Pelham	$9,358	$10,570	$11,588	$12,619	$17,617
Bronx	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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Links
Bronx Assessment Review Commission
Website	propertyinformationportal.nyc.gov

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