New York, NY — income, home value, property tax, and sales tax.
In ZIP code 10165, part of New York, the county-level effective property tax rate is 0.92%, so a home's assessed value drives the annual bill more than the rate itself. A higher sale price means a proportionally larger tax payment, which can squeeze buyers whose earnings have not climbed as quickly as local housing costs. The combined sales tax rate of 4.38% adds a smaller ongoing cost to daily purchases. Together, these two taxes shape what a household can carry: the property levy scales with home value, while the sales tax takes a slice of spending regardless of income.