City of New York
nyc.gov › site › finance › property › property-calculating-your-annual-tax-blll.page
Calculating Your Annual Property Tax
Department of Finance311Search all NYC.gov websites ... To estimate your annual property tax: Multiply the taxable value of your property by the current tax rate for your property's tax class. Property tax rates change each year, as well as the value of exemptions and abatements.
SmartAsset
smartasset.com › taxes › new-york-property-tax-calculator
New York Property Tax Calculator - SmartAsset
Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. Compare your rate to the New York and U.S. average.
Why were the New York City property tax rates changed for the tax year 2023/24?
The tax rates were changed to shift the tax burden from residential properties to commercial properties. The previous rates would have resulted in significant increases in tax bills for residential homeowners, so the Council decided to lower the rates for property tax classes one and two to moderate the increase.
payrent.com
payrent.com › articles › how-to-calculate-new-york-property-tax-2024
How to Calculate New York Property Tax 2024 | PayRent
What changes were made to the New York City property tax rates for the tax year 2023/24?
The New York City Council amended the property tax rates for the tax year 2023/24 on September 28, 2023. The highest rate for tax class two (multi-family residential) is now 12.502%, which is the highest since 2018/19 and 23.5 bps higher than the previous year. The lowest rate for tax class four (commercial) is now 10.592%, the lowest since 2019/20 and 5.4 bps lower than last year.
payrent.com
payrent.com › articles › how-to-calculate-new-york-property-tax-2024
How to Calculate New York Property Tax 2024 | PayRent
How is the taxable value of a property calculated for the purpose of New York City property taxes?
The taxable value is determined by multiplying the property's market value with the level of assessment, which is 6% for Class 1 properties and 45% for all other classes. For example, if a Class 1 property has a market value of $500,000, its taxable value would be $30,000 (6% of $500,000).
payrent.com
payrent.com › articles › how-to-calculate-new-york-property-tax-2024
How to Calculate New York Property Tax 2024 | PayRent
Videos
02:08
How Is Property Tax Calculated In NY? - CountyOffice.org - YouTube
How Much Is Real Estate Tax In NYC? - CountyOffice.org
03:45
How to Calculate the Unabated Property Taxes on a NYC Condo with ...
07:15
How to Easily Look up NYC Property Taxes Online [Tutorial] - YouTube
04:09
About Property Taxes and Assessments - YouTube
Zillow
zillow.com › mortgage-calculator › property-tax-calculator
Property Tax Calculator: How Much Are Property Taxes? | Zillow
December 10, 2024 - To calculate your property taxes, start by typing the county and state where the property is located and then enter the home value. Press calculate to see the average property tax rate, along with an estimate of the monthly and yearly property tax costs. Keep in mind, property tax rates are sourced from publicly available data and can fluctuate each year.
So explain Property Taxes to me
Someone screwed up on this listing. Taxes are high, but not THAT high.
Most likely, someone entered the assessed value and divided by 12 -- as opposed to entering the calculated tax on the assessed value.
i.e., Taxes = assessed value * tax class rate..
e.g., $750.60/mo. = ((790,000 * 6%) * 19%) / 12
http://www1.nyc.gov/site/finance/taxes/property-calculating-your-annual-tax-blll.page
Also, I recommend you think carefully about buying property near a flood zone. With this whole global warming thing, and the increasing risk from hurricanes, you do NOT want to become hurricane bait.
More on reddit.com 12
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November 30, 2013How is property tax calculated in your locale, and how much does average homeowner pay?
My annual property taxes are very reasonable and are based upon 0.90% of estimated market value. The county assesses the value and if you disagree with it you can protest the valuation and if you provide appropriate comps you can get it lowered, but not many people want that. I've found the assessments to be fair if not a little bit low, so I can't complain. More on reddit.com
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February 3, 2022How to calculate property taxes when trying to factor in affordability of a home
Property taxes are typically viewable online from the county's assessor's office. You can look at other comparable homes in the neighborhood to see what their taxes look like. More on reddit.com
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April 22, 2023[deleted by user]
You get a lot for those taxes. Great schools, libraries, parks, town pools, discounts at golf courses and other amenities. I have a small house so don’t pay a lot. It’s a great deal, just have to be okay with living in a smaller house than in other areas. More on reddit.com
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October 13, 2022City of New York
nyc.gov › site › finance › property › calculating-your-property-taxes.page
Calculating Your Property Taxes
Department of Finance311Search all NYC.gov websites ... New York City property owners receive a property tax bill from the Department of Finance either quarterly or semiannually. ... Learn how we calculate your property tax bill in the Class 1, Class 2 and Utility property tax guides.
SeeThroughNY
seethroughny.net › benchmarking › property-tax-calculator
Property Tax Calculator
The Property Tax database calculates the combined property tax rate and total average property tax bill, including schools and local governments, in every New York locality.
Propertytaxcalc
propertytaxcalc.com › us › new-york
New York Property Tax Calculator
Calculate your New York property taxes including school tax, county tax, and mansion tax. Get accurate estimates based on your property value and location.
HomeLight
homelight.com › new york city property tax calculator
New York City Property Tax Calculator
August 19, 2025 - Buying a home in New York City? Estimate property taxes with our New York City property tax calculator and learn about exemptions, due dates, and housing costs.
Taxbills
taxbills.nyc
TaxBills.nyc | NYC Property Tax Bills, Payments & Calculator 2025
Understand NYC property taxes. Learn how to calculate, pay, and appeal your tax bill. Use our NYC tax calculator, charts, and detailed FAQ to plan your 2025 property tax.
SmartAsset
smartasset.com › taxes › property-taxes
Property Tax Calculator: Estimator for Real Estate Taxes
Use SmartAsset's property tax calculator by entering your location and home value to find your property tax rate and total tax payment.
PayRent
payrent.com › articles › how-to-calculate-new-york-property-tax-2024
How to Calculate New York Property Tax 2024 | PayRent
November 16, 2023 - Step 2: Input the Assessed Value of the Property Input the assessed value of your property, which can be found on your tax bill or by contacting your local tax assessor’s office. Step 3: Select the Property Type and Use Choose the type and use of your property, as different rates may apply for each category. Step 4: Calculate the Final Property Tax Amount After inputting all the necessary information, the calculator will provide you with the estimated amount of property tax owed.
New York State Tax Department
tax.ny.gov › pit › property › learn › proptaxcalc.htm
How property taxes are calculated
Because tax rates are generally expressed as "per $1,000 of taxable assessed value," the product is multiplied by 1,000: Tax rate per thousand = (tax levy ÷ total of all taxable assessments in jurisdiction) x 1,000 ... Equalization rates are necessary to calculate tax rates ...
SeeThroughNY
seethroughny.net › benchmarking
SeeThroughNY :: Benchmarking
The Property Tax database calculates the combined property tax rate and total average property tax bill, including schools and local governments, in every New York locality.
StreetEasy
streeteasy.com › streeteasy blog › nyc property taxes: how they're calculated and why they're confusing
NYC Property Taxes: How They're Calculated and Why They're Confusing
November 3, 2020 - In New York City, the assessed value of a Class 1 property is 6% of its market value. After determining the assessed value, the city government then applies the appropriate tax rate, which was 20.919% in 2019, and will rise to 21.167% in 2020.
City of New York
nyc.gov › site › finance › property › property-tax-rates.page
Property Tax Rates
Your property tax rate is based on your tax class. There are four tax classes. The tax rates are listed below. Learn how we Calculate Your Annual Property Tax.
Hauseit
hauseit.com › real-estate-capital-gains-tax-calculator-nyc
Real Estate Capital Gains Tax Calculator for NYC [Interactive]
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Empire Center for Public Policy
empirecenter.org › home › new york property tax calculator 2020
New York Property Tax Calculator 2020
May 17, 2021 - To make it easy to compare property taxes across almost every locale in New York State, the Empire Center makes available an online Property Tax Calculator each year based on data reported annually to the Office of the Comptroller.[i]
AARP
states.aarp.org › new-york › state-taxes-guide
New York State Taxes: What You’ll Pay in 2025
September 11, 2025 - Learn how your home value is assessed on the New York Department of Taxation and Finance website — and even contest it. New York City residents can learn about how their property is assessed and calculate their property taxes at the New York City Department of Finance website.
Hauseit
hauseit.com › nyc-mansion-tax-calculator
NYC Mansion Tax Calculator for Buyers [Interactive]
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Westchester County Government
westchestergov.com › home
Property Tax Rates
Below are property tax rates since 2002.
ADP
adp.com › resources › tools › calculators › states › new-york-salary-paycheck-calculator.aspx
New York Paycheck Calculator | ADP
March 11, 2025 - Use ADP’s New York Paycheck Calculator to estimate net or “take home” pay for either hourly or salaried employees. Just enter the wages, tax withholdings and other information required below and our tool will take care of the rest.