Binghamton had the highest effective property tax rate of any city in New York as of 2013, according to the Empire Center’s latest annual Benchmarking NY report, released today.

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, excluding only New York City and Nassau County. (Due to changes in the comptroller’s data-gathering process, the Benchmarking NY information also does not include some fire district taxes.)

Binghamton’s effective rate came to $58.28 per $1,000, or $4,959 a year for a home at Binghamton’s local median value of $85,100.

The city with the lowest all-in property tax rate was Rye, in Westchester County, at $19.20 per $1,000. In absolute terms, taxes for Rye and other downstate municipalities were much higher due to very high property values, however.

Among all types of jurisdictions, the highest property tax was found in the village of Sloan, in Erie County, which had an effective rate of $64.67 per $1,000. The lowest rate was $4.57 in the Suffolk County village of Southampton.

“There’s no question that New Yorkers pay some of the highest property taxes in the country, but the burden can vary widely even among neighboring jurisdictions,” said Tim Hoefer, executive director of the Empire Center. “By making it easier to compare taxes in different localities, we hope to encourage local taxpayers and elected officials to search for ways of reducing taxes and spending.”

The complete report, posted here, includes a list of the top and bottom 20 tax rates in each of the state’s nine regions outside New York City. The full database has also been added to the Empire Center’s Property Tax Calculator, which can be used to compare taxes on homes of different values in different communities across the state.

You may also like

Authorities Payroll Added to SeeThroughNY

The latest payroll data for a total of 13,615 employees at 54 different New York State public authorities was posted today at SeeThroughNY.net, the Empire Center’s transparency website. Read More

Empire Center Ranks Local Taxes, Spending and Debt Across NY

The Empire Center today released its annual “Benchmarking New York” report, comparing and ranking government tax, spending and debt levels for hundreds of counties, towns, cities and villages throughout New York. Read More

FDNY Pensions Average More Than $129,000

The 471 Fire Department of New York (FDNY) officers and firefighters who retired in calendar year 2018 are eligible for average pensions of $129,259, according to data posted today at SeeThroughNY.net, the Empire Center’s transparency website. Read More

One in four NYSTRS educators earned six figures in 2018-19

More than 25 percent of public school teachers and administrators in school districts outside New York City were paid more than $100,000 as of 2018-19, according to salary data posted today at SeeThroughNY.net, the Empire Center’s transparency website. Read More

Corrections Retirees Had Highest Average NYCERS Pensions

Corrections Department employees qualified for average pensions of nearly $70,000, the highest average benefit for any agency grouping among the 7,990 New York City Employee Retirement System (NYCERS) members collecting their first full year’s worth of pension benefits in 2018, according to data posted today at SeeThroughNY.net, the Empire Center’s transparency website. Read More

Schenectady County Employee Tops Capital Region Pay List

A Schenectady County employee was the Capital Region’s highest-paid municipal government worker outside New York City during the state’s 2019 fiscal year, according to the latest edition of “What They Make,” the Empire Center’s annual report summarizing total local government pay. Read More

Mid-Hudson Home to NY’s Highest-Paid Local Cop

A police chief in Rockland County was the highest-paid municipal government worker in New York during the state’s 2019 fiscal year, according to the latest edition of “What They Make,” the Empire Center’s annual report summarizing total local government pay. Read More

Lewis County Doctor Tops North Country Pay List

A Lewis County doctor was the highest-paid municipal government worker in the North Country during the state’s 2019 fiscal year, according to the latest edition of “What They Make,” the Empire Center’s annual report summarizing total local government pay. 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.