Taxes in New York City, New York
Complete tax guide for New York City, NY. State income tax up to 10.9%, 0.88% property tax, 8.88% sales tax. Calculate your total tax burden.
State Income Tax
10.9%
New York
Property Tax
0.88%
Effective rate
Sales Tax
8.88%
Combined rate
Tax Burden
Very High
New York City, NY Tax Overview
NYC imposes a separate city income tax ranging from 3.078% to 3.876%; metro commuter tax also applies
Population
8,336,817
Median Income
$67,046
Cost of Living
187.2 (100 = avg)
State Income Tax
10.9%
Local Income Tax
3.876%
Median Home Price
$680,000
New York City Tax Calculator
Pre-filled with New York City median: $67,046
Total Tax Burden in New York City
$21,400
Take-Home: $45,646 · Effective Rate: 31.92%
Federal Tax
$6,364
9.49% eff.
NY State + Local
$9,907
14.78% eff.
FICA
$5,129
7.65% eff.
Take-Home
$45,646
68.08% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $67,046.00 | $5,587.17 |
| Federal Income Tax | -$6,364.12 | -$530.34 |
| New York State Tax | -$7,308.01 | -$609.00 |
| New York City Local Tax (3.876%) | -$2,598.70 | -$216.56 |
| Social Security (6.2%) | -$4,156.85 | -$346.40 |
| Medicare (1.45%) | -$972.17 | -$81.01 |
| Take-Home Pay | $45,646.14 | $3,803.85 |
Property Tax in New York City
Median Home
$680,000
Annual Tax
$5,984
Monthly Tax
$499
Effective Rate
0.88%
Sales Tax in New York City
Combined Rate
8.88%
State Portion
~6.4%
Local Portion
~2.5%
The combined sales tax rate in New York City is 8.88%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.88 in sales tax.
Tax Burden Comparison
| Tax Type | New York City | New York Avg | National Avg |
|---|---|---|---|
| Income Tax | 10.9% + 3.876% | 10.9% | 4.6% |
| Property Tax | 0.88% | ~0.88% | 1.1% |
| Sales Tax | 8.88% | ~8.88% | 7.12% |
| Overall Burden | Very High | — | Moderate |
About Taxes in New York City
New York City has a population of approximately 8,336,817 residents with a median household income of $67,046. The cost of living index is 187.2 (87.2% higher than the national average of 100).
Local context: NYC imposes a separate city income tax ranging from 3.078% to 3.876%; metro commuter tax also applies
Tax burden classification: Very High. Effective combined tax rate of 38% includes federal, state, FICA, property, and sales taxes for a typical New York City household.
Official Tax Resources for New York
For authoritative New York tax forms, filing deadlines, and the latest legislative updates, consult these official government resources:
- New York State Department of Taxation — official state revenue agency
- New York Individual Income Tax Forms — current tax year forms and instructions
- IRS Federal Tax Forms and Instructions — federal income tax filing
Tax Saving Tips for New York City Residents
- New York's income tax rate of 10.9% 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.
- New York City has a local income tax of 3.876%. 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 New York City (0.88%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- The combined sales tax rate of 8.88% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,400 individual, $8,750 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in New York
Buffalo
Very HighYonkers
Very HighRochester
Very HighSyracuse
Very HighAlbany
Very HighNew Rochelle
Very HighSources & Methodology
Tax rate data on this page is compiled from official government sources and updated for the 2026 tax year. Calculations follow the IRS-published 2026 federal tax brackets, FICA rates (6.2% Social Security up to $176,100 wage base, 1.45% Medicare), and New York state tax provisions. Property tax estimates use New York City's median home value of $680,000and the local effective property tax rate of 0.88%.
- • Federal tax brackets and standard deductions: IRS.gov
- • State income tax rates and brackets: New York State Department of Taxation
- • Median household income, home value, and demographics: U.S. Census Bureau ACS
- • Cost of living comparisons: U.S. Bureau of Labor Statistics CES
- • National average benchmarks: Tax Foundation state-level tax burden studies
Disclaimer: Estimates are for informational purposes only. Actual tax liability depends on filing status, deductions, credits, and individual circumstances. Consult a licensed tax professional or your state revenue agency for binding tax guidance.
Reviewed by LevyIO Tax Research Team · Published 2026-01-15 · Last updated 2026-04-30
Calculate Your Full New York Tax Burden
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Frequently Asked Questions
What are the tax rates in New York City, NY?
New York City, New York has a state income tax rate up to 10.9%, plus a local income tax of 3.876%. The property tax rate is 0.88% and the combined sales tax rate is 8.88%. NYC imposes a separate city income tax ranging from 3.078% to 3.876%; metro commuter tax also applies
How much is property tax in New York City?
The effective property tax rate in New York City is 0.88%. On the median home price of $680,000, this equals approximately $5,984 per year or $499 per month. This is below the national average of 1.1%.
What is the sales tax rate in New York City?
The combined sales tax rate in New York City is 8.88%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does New York City's tax burden compare to other cities?
New York City has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 38%. The combination of 10.9% state income tax, 0.88% property tax, and 8.88% sales tax determines the total burden. Cost of living index is 187.2 (100 = national average).
Are there any local taxes in New York City?
Yes. New York City imposes a local income tax of 3.876% in addition to the state income tax of 10.9%. NYC imposes a separate city income tax ranging from 3.078% to 3.876%; metro commuter tax also applies