New York, NY — income, home value, property tax, and sales tax.
In ZIP code 10033, within New York, homes carry a median value of $695,000, and the county's 0.92% effective property tax rate works out to roughly $6,394 a year on such a home. Median household income sits at $75,040, so that tax bill would absorb about 8.5% of a typical household's annual earnings before mortgage costs even enter the picture. Per-capita income reaches $48,707. Add the combined 8.88% sales tax on everyday purchases, and the gap between what homes cost and what households bring in shapes daily life here.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.