$LevyIO

Taxes in Babylon, New York

Complete tax guide for Babylon, NY. State income tax up to 6.85%, 1.78% property tax, 6.01% sales tax. Calculate your total tax burden.

State Income Tax

6.85%

New York

Property Tax

1.78%

Effective rate

Sales Tax

6.01%

Combined rate

Tax Burden

Very High

Babylon, NY Tax Overview

Population

213,234

Median Income

$71,400

Cost of Living

152.3 (100 = avg)

State Income Tax

6.85%

Local Income Tax

2.47%

Median Home Price

$474,000

Babylon Tax Calculator

Pre-filled with Babylon median: $71,400

Total Tax Burden in Babylon

$19,439

Take-Home: $51,961 · Effective Rate: 27.22%

Federal Tax

$7,322

10.25% eff.

NY State + Local

$6,654

9.32% eff.

FICA

$5,462

7.65% eff.

Take-Home

$51,961

72.78% kept

Tax Breakdown

Take-Home 72.78%
Federal
NY
FICA
Take-Home Federal Tax NY State + Local Tax FICA
ItemAnnualMonthly
Gross Income$71,400.00$5,950.00
Federal Income Tax-$7,322.00-$610.17
New York State Tax-$4,890.90-$407.58
Babylon Local Tax (2.47%)-$1,763.58-$146.97
Social Security (6.2%)-$4,426.80-$368.90
Medicare (1.45%)-$1,035.30-$86.27
Take-Home Pay$51,961.42$4,330.12

Property Tax in Babylon

Median Home

$474,000

Annual Tax

$8,437

Monthly Tax

$703

Effective Rate

1.78%

vs. National Average (1.1%)+$3,223/yr
Median Property Tax Paid$8,437/yr

Sales Tax in Babylon

Combined Rate

6.01%

State Portion

~3.5%

Local Portion

~2.5%

The combined sales tax rate in Babylon is 6.01%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.01 in sales tax.

Tax Burden Comparison

Tax TypeBabylonNew York AvgNational Avg
Income Tax6.85% + 2.47%6.85%4.6%
Property Tax1.78%~1.78%1.1%
Sales Tax6.01%~6.01%7.12%
Overall BurdenVery HighModerate

Tax Saving Tips for Babylon Residents

  • New York's income tax rate of 6.85% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Babylon has a local income tax of 2.47%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
  • Property tax in Babylon (1.78%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full New York Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Babylon, NY?

Babylon, New York has a state income tax rate up to 6.85%, plus a local income tax of 2.47%. The property tax rate is 1.78% and the combined sales tax rate is 6.01%.

How much is property tax in Babylon?

The effective property tax rate in Babylon is 1.78%. On the median home price of $474,000, this equals approximately $8,437 per year or $703 per month. This is above the national average of 1.1%.

What is the sales tax rate in Babylon?

The combined sales tax rate in Babylon is 6.01%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Babylon's tax burden compare to other cities?

Babylon has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 38.1%. The combination of 6.85% state income tax, 1.78% property tax, and 6.01% sales tax determines the total burden. Cost of living index is 152.3 (100 = national average).

Are there any local taxes in Babylon?

Yes. Babylon imposes a local income tax of 2.47% in addition to the state income tax of 6.85%.