New York, NY — income, home value, property tax, and sales tax.
In ZIP code 10065, on New York's Upper East Side, homes carry a median value of $1,419,800, and the county-level effective property tax rate of 0.92% works out to roughly $13,062 a year on such a home. Households here earn a median of $155,331, while per-capita income reaches $144,510, so property taxes claim about 8.4% of median household earnings. Sales tax in the city combines to 8.88%. High incomes help offset the steep home prices, but the annual tax bill tied to seven-figure values remains a real cost of owning here.
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