Bombay, NY — income, home value, property tax, and sales tax.
In ZIP code 12937, near Bombay, homes are valued at a median of $99,400, and the county-level effective property tax rate of 1.68% works out to roughly $1,670 a year in property taxes on such a home. With median household income at $55,417 and per-capita income at $26,326, that tax bill equals about 3% of household earnings. Combined with an 8.00% sales tax, housing costs stay within reach here mostly because purchase prices remain low, though the tax rate itself is higher than many homeowners elsewhere pay.
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