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Taxes in Yonkers, New York

Complete tax guide for Yonkers, NY. State income tax up to 10.9%, 1.62% property tax, 8.88% sales tax. Calculate your total tax burden.

State Income Tax

10.9%

New York

Property Tax

1.62%

Effective rate

Sales Tax

8.88%

Combined rate

Tax Burden

Very High

Yonkers, NY Tax Overview

Yonkers resident tax surcharge of 16.75% of state tax liability; NYC suburb

Population

211,569

Median Income

$68,713

Cost of Living

131.5 (100 = avg)

State Income Tax

10.9%

Local Income Tax

1.96%

Median Home Price

$445,000

Yonkers Tax Calculator

Pre-filled with Yonkers median: $68,713

Total Tax Burden in Yonkers

$20,824

Take-Home: $47,889 · Effective Rate: 30.31%

Federal Tax

$6,731

9.80% eff.

NY State + Local

$8,836

12.86% eff.

FICA

$5,257

7.65% eff.

Take-Home

$47,889

69.69% kept

Tax Breakdown

Take-Home 69.69%
Federal
NY
FICA
Take-Home Federal Tax NY State + Local Tax FICA
ItemAnnualMonthly
Gross Income$68,713.00$5,726.08
Federal Income Tax-$6,730.86-$560.91
New York State Tax-$7,489.72-$624.14
Yonkers Local Tax (1.96%)-$1,346.77-$112.23
Social Security (6.2%)-$4,260.21-$355.02
Medicare (1.45%)-$996.34-$83.03
Take-Home Pay$47,889.10$3,990.76

Property Tax in Yonkers

Median Home

$445,000

Annual Tax

$7,209

Monthly Tax

$601

Effective Rate

1.62%

vs. National Average (1.1%)+$2,314/yr
Median Property Tax Paid$7,209/yr

Sales Tax in Yonkers

Combined Rate

8.88%

State Portion

~6.4%

Local Portion

~2.5%

The combined sales tax rate in Yonkers 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 TypeYonkersNew York AvgNational Avg
Income Tax10.9% + 1.96%10.9%4.6%
Property Tax1.62%~1.62%1.1%
Sales Tax8.88%~8.88%7.12%
Overall BurdenVery HighModerate

Tax Saving Tips for Yonkers 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.
  • Yonkers has a local income tax of 1.96%. 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 Yonkers (1.62%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • 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 ($4,300 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 Yonkers, NY?

Yonkers, New York has a state income tax rate up to 10.9%, plus a local income tax of 1.96%. The property tax rate is 1.62% and the combined sales tax rate is 8.88%. Yonkers resident tax surcharge of 16.75% of state tax liability; NYC suburb

How much is property tax in Yonkers?

The effective property tax rate in Yonkers is 1.62%. On the median home price of $445,000, this equals approximately $7,209 per year or $601 per month. This is above the national average of 1.1%.

What is the sales tax rate in Yonkers?

The combined sales tax rate in Yonkers is 8.88%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

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

Yonkers 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, 1.62% property tax, and 8.88% sales tax determines the total burden. Cost of living index is 131.5 (100 = national average).

Are there any local taxes in Yonkers?

Yes. Yonkers imposes a local income tax of 1.96% in addition to the state income tax of 10.9%. Yonkers resident tax surcharge of 16.75% of state tax liability; NYC suburb