How Much is Property Tax on a $750,000 Home in New York?
Property tax on a $750,000 home in New York typically ranges from $6,750 to $20,250 per year (roughly $563 to $1,688/month), depending on the county. Based on the statewide average effective rate of 1.73%, you can expect to pay around $12,975/year, or $1,081/month. New York has high effective property tax rates, particularly in the New York City suburbs; New York City itself uses a complex system of fractional assessments that often produces lower rates for residential property.