New York, NY — income, home value, property tax, and sales tax.
Households in ZIP code 10018, part of New York, report a median income of $145,958, with per-capita earnings of $130,904. That earning power meets a housing market where the median home value is $1,044,800; the county's 0.92% effective property tax rate translates into a substantial annual bill on a property at that price. Day-to-day spending also carries an 8.88% combined sales tax. Together, these figures sketch a budget shaped by high earnings paired with steep housing costs and elevated taxes on purchases, a combination that leaves little slack once mortgage, property tax, and everyday expenses are accounted for.
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