Residents of the large Mid-Hudson village of Haverstraw had the highest effective property tax rate in New York (outside New York City and Nassau), paying $63.66 per $1,000 of home value during 2017, according to the newest edition of Benchmarking NY, the Empire Center’s annual examination of local property taxes.

The lowest effective tax rate in the state was $4.46 per $1,000, levied on homes and businesses in the Suffolk County town of Southampton falling within the Sagaponack school district. Southampton’s low rate reflects the town’s high property values: the median home price was $612,100, according to the most recent U.S. Census Bureau data.

In terms of total taxes on a home with the local median value, at least two villages–Old Field and Lloyd Harbor in Suffolk County–had annual taxes exceeding $35,000. The lowest tax bill on a median-value home was $1,010 in the Hamilton County town of Arietta in the Raquette Lake school district, which does not operate schools and instead pays tuition to send its fewer than five students to neighboring districts.

Benchmarking NY uses data from the state comptroller’s office to calculate effective tax rates–combined county, municipal and school taxes as a percent of market value–for thousands of localities across the state during 2017, excluding only New York City and Nassau County. The complete report lists the top and bottom 20 tax rates and tax bills on a locality’s median-value home in each of nine regions. The highest effective rate and highest tax bill on a median-value home in each region were found in the following communities:

screen-shot-2018-04-20-at-3-06-37-pm-9242638

Taxpayers can see the components of their local property taxes and compare taxes across the state using the Empire Center’s Property Tax Calculator on SeeThroughNY.net, the Center’s transparency website.

The Empire Center, based in Albany, is an independent, non-profit, non-partisan think tank dedicated to promoting policies to make New York a better place to live, work and raise a family.

Tags:

You may also like

More Spending, Fewer Kids: Mapping NY School Budget Proposals

New York school districts are of budgets that would raise their per-pupil spending by an average of more than four times the projected inflation rate. Most districts have proposed pro Read More

Local New York Property Taxes Ranked by Empire Center

Residents of the Western New York village of Sloan had the highest effective property tax rate in New York (outside New York City and Nassau), according to Benchmarking NY, the Empire Center’s annual rundown of local property tax burdens. Read More

Tax cap offers strongest shield to NY’s poorest school districts

Over the past seven years, New York’s cap on local property tax levies has generated billions of dollars in savings for homeowners and businesses, compared to previous trends. The cap has been especially effective in restraining school property taxes, which have long been the largest and fastest-growing component of New York’s tax burden. Read More

Shifting Shares

This issue brief explores the financial considerations and policy challenges associated with eliminating the local Medicaid share and reviews the options for implementing a state takeover. Read More

Options for eliminating local funding for Medicaid analyzed in new report

The feasibility of a full state takeover of the remaining local share of Medicaid costs in New York is explored in a new report released today by the Empire Center for Public Policy. Read More

School Districts Pushing The Limit

Nearly half of the 669 school districts seeking voter approval for budgets on Tuesday, May 16 are presenting spending plans that call for increasing property taxes as high as the 2011 property tax cap law allows, according to an analysis released today by the Empire Center for Public Policy. Read More

Highest, Lowest Property Tax Rankings Updated

The Empire Center has updated its June report that ranked 2014 property taxes with 2015 data recently released by the state comptroller's office. Read More

Highest, Lowest Property Tax Rates Ranked By Empire Center

Residents of the small Western New York village of Sloan had the highest effective property tax rate in New York, paying $64.46 per $1,000 of home value during 2014, according to the newest edition of Benchmarking NY, the Empire Center’s annual examination of local property taxes. Read More

Subscribe

Sign up to receive updates about Empire Center research, news and events in your email.

CONTACT INFORMATION

Empire Center for Public Policy
30 South Pearl St.
Suite 1210
Albany, NY 12207

Phone: 518-434-3100
Fax: 518-434-3130
E-Mail: info@empirecenter.org

About

The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.