Kingston, NY — income, home value, property tax, and sales tax.
Homes in ZIP code 12561, near Kingston, carry a median value of $453,500, and the county-level property tax rate of 1.77% translates into roughly $8,000 a year in taxes on such a home. With median household income at $92,288, that tax bill equals close to nine percent of annual earnings before any mortgage payment. Per-capita income of $47,513 tells a similar story of stretched budgets. Adding a combined sales tax of 8.00% on purchases, residents face pressure on multiple fronts, since home prices here climb faster than many incomes can follow.
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