New York, NY — income, home value, property tax, and sales tax.
ZIP code 10199, which falls in New York, carries a county-level effective property tax rate of 0.92%. That rate points to an affluent enclave where property values are high enough that even a sub-1% levy generates substantial revenue. The combined sales tax rate of 4.38% is unusually low for a major urban area, which eases the cost of everyday purchases. Together, these figures describe a wealthy corner of the city where owners shoulder a meaningful property tax bill tied to expensive real estate, while day-to-day consumption is taxed comparatively gently.