New York, NY — income, home value, property tax, and sales tax.
In ZIP code 10177, within New York, the county-level effective property tax rate is 0.92%, and the combined sales tax rate is 4.38%. How much of a homeowner's income goes toward property taxes depends on the value of the home and what the household earns. A higher-priced home carries a larger tax bill even at this rate, while a lower income makes that bill a bigger share of annual earnings. Buyers weighing a purchase here should compare their expected income against the taxes a given home price would generate, since the sales tax adds its own cost to everyday spending.