New York County, New York
Property Taxes
The average property tax rate in New York County, New York is 0.93%. On the county's median home value of $1,090,500, that works out to $10,182 per year in property taxes. The next deadline to protest your New York County property tax assessment is around March 15 (to the NYC Tax Commission).
New York County, New York Property Tax Calculator
How the Calculator Works
This New York County, NY property tax calculator estimates your bill the same way the New York City Department of Finance does: your home's value multiplied by the local effective tax rate. The New York County effective property tax rate is 0.93%, compared with the New York average of 1.55% and the U.S. average of 0.94%. On the county's median home value of $1,090,500, that works out to roughly $10,182 a year in New York County property taxes. Use the estimate above as a starting point, then check the protest playbook below if your county's assessed value looks higher than your calculator estimate suggests it should.
Lower Your New York County, New York Property Taxes
Step 1: Check
Your TimelineIn New York County, your assessment notice arrives in the year your assessment changes, and the deadline to appeal it is . It is free to file!
- Notice arrives
- the year your assessment changes
- Appeal deadline
- Filing fee
- free
Step 2: Gather
Your EvidenceTo file a strong appeal in New York County, you need proof. Gather these four things before you begin to file.
- Look up your current assessed property value
- Research recent sales of similar properties in your area
- Download the required form:
Form TC108 (Application for Correction, Tax Class 1) - Take photos of any property issues that affect value
Step 3: Submit
Your AppealAppeals in New York County are filed with the New York City Tax Commission. View filing instructions
- File with
- New York City Tax Commission
- Appeal form
- Form TC108 (Application for Correction, Tax Class 1)
| Doing it yourself | With Abode | |
|---|---|---|
| Cost | Free | $99/yr flat |
| Time investment | 6-10 hrs (research + filing) | 3 min (enrollment only) |
| Comparable sales | You pull the sales yourself | Automated comp analysis included |
| Evidence formatting | You gather and format it | Professional evidence packet included |
| Filing process | You file the Form TC108 (Application for Correction, Tax Class 1) yourself | We file it for you |
| Hearing preparation | You appear before the review board | Consultant appears on your behalf |
| Success rate | 40-60% | 88% |
Lower your property tax in minutes with Abode Money
New York County, New York Property Tax Rate
The typical New York County homeowner pays an effective rate of 0.93% of market value each year, well below the New York median of 1.55% and in line with the U.S. median of 0.94%. By city the median rate in New York is 0.84%. The table lists the 25th, median, and 75th percentile effective rate for all 1 New York County cities.
| City | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| New York | 0.73% | 0.84% | 0.95% |
The 25th and 75th percentile rates are an Abode Money estimate, modelled from each city’s own home-value quartiles. The median is the city’s published effective rate.
New York County, New York Property Tax Bill
On a median home value of $1,090,500, the typical New York County tax bill comes to $10,182 a year, well above the New York median of $6,582 and well above the U.S. median of $3,119. Bills scale with value, so they track the map of where the expensive homes are. By city the median bill in New York is $6,547. Search all 1 New York County cities below to compare the 25th, median, and 75th percentile bill.
| City | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| New York | $4,242 | $6,547 | $9,393 |
New York County, New York Home Values
The median New York County home is worth $1,090,500, the value your tax bill is calculated from, versus a New York median of $423,800 and a U.S. median of $332,700. By city the median value in New York is $777,600. The table lists the 25th, median, and 75th percentile value for all 1 cities.
| City | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| New York | $503,800 | $777,600 | $1,115,600 |
New York County, New York Property Tax History
Effective tax rate, median annual bill, and median home value in New York County, tracked year by year. Across the published years the median annual bill rose 1.5%, the median home value rose 6.4%, and the effective tax rate fell 4.6%.
Solid years are published figures. Dashed years are Abode predictions, from each county's own past trend.
| Tax year | Effective rate | Rate change | Median bill | Bill change | Median home value | Value change |
|---|---|---|---|---|---|---|
| 2020 | 0.98% | - | $10,032 | - | $1,024,500 | - |
| 2021 | 1.04% | +6.33% | $10,500 | +4.67% | $1,008,500 | -1.56% |
| 2022 | 0.98% | -6.35% | $10,765 | +2.52% | $1,104,000 | +9.47% |
| 2023 | 0.92% | -6.02% | $10,162 | -5.60% | $1,108,900 | +0.44% |
| 2024 | 0.93% | +1.89% | $10,182 | +0.20% | $1,090,500 | -1.66% |
| 2025(predicted) | 0.92% | -1.18% | $10,220 | +0.37% | $1,107,654 | +1.57% |
| 2026(predicted) | 0.91% | -1.19% | $10,258 | +0.37% | $1,125,078 | +1.57% |
New York County, New York vs. Nearby Counties
Thinking of moving? Run the tax math first. Of the three counties bordering New York County, two tax the same home for less. Move a $1,090,500 home into Kings County, the cheapest neighbor, and the bill falls $2,492 a year, while Bronx County, the most expensive, costs $1,036 more. Bordering effective rates run from 0.71% to 1.03% against New York County’s 0.93%. Two of the five largest New York metro counties tax the same home for less. The widest gap across the county line is $3,528 a year.
New York County vs. Its Neighboring Counties
Effective rate, median bill, and the tax on the same $1,090,500 home · New York County and its three bordering counties
| County | Effective rate | Their median bill | Same home here | vs. New York |
|---|---|---|---|---|
| New York CountyNew York | 0.93% | $10,182 | $10,182 | - |
| Bronx County | 1.03% | $5,447 | $11,218 | +$1,036/yr |
| Kings County | 0.71% | $6,382 | $7,690 | -$2,492/yr |
| Queens County | 0.87% | $6,297 | $9,487 | -$695/yr |
New York County vs. the Big New York Metros
Effective rate, median bill, and the tax on the same $1,090,500 home · New York’s five largest metro counties
| County | Effective rate | Their median bill | Same home here | vs. New York |
|---|---|---|---|---|
| New York County | 0.93% | $10,182 | $10,182 | - |
| Bronx County | 1.03% | $5,447 | $11,218 | +$1,036/yr |
| Kings County | 0.71% | $6,382 | $7,690 | -$2,492/yr |
| Queens County | 0.87% | $6,297 | $9,487 | -$695/yr |
| Suffolk County | 1.90% | $11,006 | $20,750 | +$10,568/yr |
New York County, New York Property Tax Exemptions
There are 6 property tax exemptions available in New York County, New York. What each saves depends on your own assessed value and local rate, so no fixed yearly figure is shown.
| Exemption | What you get | Saves a year | When to file |
|---|---|---|---|
| Basic STAROwner-occupied primary residence with household income of $500,000 or less (STAR credit) or $250,000 or less (STAR exemption). | Reduces school-tax portion of the NYC property tax bill. New applicants get the STAR credit as a check; long-time recipients may keep the on-bill exemption. | Varies | Register once with the NY State Tax Department (credit) or with the Department of Finance (exemption); renews automatically. |
| Enhanced STAROwner-occupants where at least one owner is 65+ by year-end and combined income is $110,750 or less (2026 limit). | A larger reduction of the school-tax portion than Basic STAR. | Varies | Register with the NY State Tax Department; the Income Verification Program renews it automatically. |
| Senior Citizen Homeowners' Exemption (SCHE)Owners age 65+ of a 1-3 family home, condo or co-op with combined income of $58,399 or less. | Reduces the assessed value by up to 50% on a sliding scale by income (NYC's RPTL 467 exemption). | Varies | Apply or renew with the Department of Finance by March 15 for the tax year beginning July 1. |
| Disabled Homeowners' Exemption (DHE)Owners with a qualifying disability of a 1-3 family home, condo or co-op with combined income of $58,399 or less. | Reduces the assessed value by up to 50% on a sliding scale by income (NYC's RPTL 459-c exemption). | Varies | Apply or renew with the Department of Finance (online Sept 15 - March 15); annual renewal required. |
| Veterans Property Tax ExemptionWartime, combat-zone and Cold War veterans, and certain surviving spouses, on a primary residence. | Reduces the assessed value used for city taxes (15% wartime, added 10% combat, added amount for a service-connected disability), capped by the city. | Varies | File the veterans exemption application with the Department of Finance, generally by March 15, with DD-214 and any VA rating. |
| Cooperative and Condominium Property Tax AbatementOwner-occupants of a co-op or condo unit that is their primary residence (1-3 family houses are not eligible). | Reduces the unit's property tax by roughly 17.5% to 28.1%, tied to the development's average assessed value. | Varies | Not filed by individual owners; the co-op or condo board applies to the Department of Finance for the whole development. |
New York County, New York Cheat Sheet
Value, rate, bill, rank, and the protest and payment dates · every figure the sections above establish, restated as label and value · New York County, New York
| Median tax bill | $10,182 a year+0.2% year over year |
|---|---|
| Effective tax rate | 0.93%of market value · New York 1.55% · U.S. 0.94% |
| Median home value | $1,090,500the value your bill is calculated from |
| Change since 2020 | +1.5%median bill, $10,032 to $10,182 |
| Effective rate since 2020 | -4.6%percent change in the rate, not percentage points |
| Cheapest neighbor | Kings County$2,492 a year less on the same $1,090,500 home |
| Who values your home | New York City Department of Financemarket value as of the assessment date |
| Notice arrives | The year your assessment changesNotice of your tentative assessed value, published on the tentative roll |
| Protest window | Around March 15 (to the NYC Tax Commission)Form TC108 (Application for Correction, Tax Class 1) · free to file · New York City Tax Commission |
| Protest odds | 88% win a reductionwith Abode Money · we build the evidence, file, and argue it for you |
| Payment due | July 1, October 1, January 1 and April 1 for quarterly bills (interest-free if paid by the 15th of that month), or July 1 and January 1 for semi-annual billsinterest that compounds daily from the original due date at a rate set each year by local law and tiered by the property's assessed value (higher-assessed property pays a higher rate) |
Statistics here come from the U.S. Census Bureau’s American Community Survey: what owners report their home is worth and what they paid in tax. They are not assessment roll figures, so they will not match your notice. Nothing here is tax advice.
New York County, New York Property Tax FAQ
Straight answers about property taxes in New York County, New York: the effective rate and typical bill, when taxes are due, the protest deadline, whether an appeal is worth filing, what evidence wins a reduction, and how Abode lowers your bill every year.
The effective property tax rate in New York County is 0.93%. The typical homeowner pays $10,182 a year on a median home value of $1,090,500.
New York County property taxes are due july 1, October 1, January 1 and April 1 for quarterly bills (interest-free if paid by the 15th of that month), or July 1 and January 1 for semi-annual bills. Bills are issued quarterly by the NYC Department of Finance for homes assessed at $250,000 or less (nearly all 1-3 family homes), or semi-annually for higher-assessed property, mailed about a month before each due date, and late payments are charged interest that compounds daily from the original due date at a rate set each year by local law and tiered by the property's assessed value (higher-assessed property pays a higher rate). Due dates shift year to year, so confirm the current one with the tax office.
Usually yes. A protest backed by comparable sales or evidence of condition problems stands a real chance of a reduction, and most are settled at an informal review without a hearing. A lower value also becomes the starting point for the following year, so a single win keeps paying. Filing in New York County is free, and your value cannot be raised because you protested.
The strongest evidence is recent sales of comparable homes: three to five from the past year, nearby, and similar in size, age, and condition. Photos and repair estimates for condition problems help too, because the assessor values homes from the outside. Budget about 2-4 hrs to assemble it.
Abode protests your New York County assessment every year for $99/yr flat and wins a reduction 88% of the time. Doing it yourself is free but takes 6-10 hrs and wins 40-60% of the time.
Every house on this street pays a different bill.
Make sure yours is the right one. Abode checks your assessment, files your exemptions, and protests when the numbers are off.
