New York, NY — income, home value, property tax, and sales tax.
In ZIP code 10025, on Manhattan's Upper West Side in New York, homes carry a median value of $1,106,900 against a median household income of $108,940. The county-level effective property tax rate of 0.92% translates to roughly $10,183 annually on that median home, a sum that consumes a meaningful share of household earnings. Per-capita income reaches $85,173. Adding an 8.88% combined sales tax compounds the cost of living, so buyers weighing a purchase here should account for both the steep entry price and the ongoing tax load relative to what residents earn.
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