Property Tax & Income in Richmond County, New York
Richmond County has an effective property tax rate of 0.93%. On the median home value of $675,500, that's roughly $6,247 per year. Median household income is $98,333.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Richmond County | New York (state context) |
|---|---|---|
| Effective property tax rate1 | 0.93% | 2.04% |
| Median home value1 | $675,500 | — |
| State income tax3 | top rate 10.90% | top rate 10.90% |
| State sales tax3 | 8.54% combined | 8.54% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Richmond County, NY
Buying in Richmond County, home to Staten Island, means weighing a steep purchase price against a gentler tax bill. The median home here is valued at $675,500, well above what many buyers elsewhere pay, and with a median household income of $98,333, affording that price takes real planning. The offset comes at tax time: the county's 0.925% effective rate yields a median annual bill of $6,247, far below New York State's 2.040% median. Only three of the state's 62 counties levy a lower effective rate, placing Richmond County at 59th. That gap matters over years of ownership, since a lower rate softens the carrying cost of an expensive home. Nationally, though, the picture shifts — the U.S. median of 0.794% sits beneath this county's rate, so buyers comparing across state lines will find Richmond County taxes somewhat higher than the country as a whole.