New York, NY — income, home value, property tax, and sales tax.
In ZIP code 10013, part of New York, homes carry a median value of $2,000,001, and the county-level effective property tax rate of 0.92% means an annual bill in the vicinity of $18,400 on such a home. Households here earn a median of $161,154, while per-capita income reaches $174,304, so that tax equals roughly 11% of median household earnings — a meaningful sum even at these income levels. Sales tax adds 8.88% to purchases. High home values paired with strong earnings keep ownership within reach, though the property tax remains a real annual cost.
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