$10,500/year | $875/month | Rate: 1.4%
Here's a complete breakdown of property tax on a $750,000 home in New York for 2026.
| Detail | Amount |
|---|---|
| Home Value | $750,000 |
| New York Effective Tax Rate | 1.4% |
| Annual Property Tax | $10,500 |
| Monthly Escrow Amount | $875 |
| National Average (1.07%) | $8,025 |
| Difference vs National Avg | +$2,475/year |
| State | Tax Rate | Annual Tax | Monthly | vs New York |
|---|---|---|---|---|
| New York (You) | 1.4% | $10,500 | $875 | — |
| New Jersey | 2.23% | $16,725 | $1,394 | +$6,225/yr |
| Pennsylvania | 1.36% | $10,200 | $850 | $-300/yr |
| Massachusetts | 1.15% | $8,625 | $719 | $-1,875/yr |
| Home Value | Annual Tax | Monthly |
|---|---|---|
| $200K | $2,800 | $233 |
| $250K | $3,500 | $292 |
| $300K | $4,200 | $350 |
| $350K | $4,900 | $408 |
| $400K | $5,600 | $467 |
| $450K | $6,300 | $525 |
| $500K | $7,000 | $583 |
| $600K | $8,400 | $700 |
| $750K ← You | $10,500 | $875 |
| $1M | $14,000 | $1,167 |
STAR Program ($34,000 exemption for school taxes), Enhanced STAR for seniors, Veterans' Exemption (10-15% of assessed value), Disability Exemption
Calculate your own numbers
Open PropertyCalcTools →Property tax on a $750,000 home in New York is approximately $10,500 per year, or $875 per month. New York's effective property tax rate is 1.4%, which is above the national average of 1.07%.
To lower property tax in New York: 1) Apply for all available exemptions (homestead, senior, veteran), 2) Appeal your assessment if your home is overvalued — success rates are 30-50%, 3) Check for errors in your property record (square footage, lot size, features), 4) Compare your assessment with similar nearby properties.
Property tax due dates vary by county in New York, but most jurisdictions bill semi-annually or annually. If you have a mortgage, property taxes are typically paid through your monthly escrow payment ($875/month for a $750K home). Contact your county assessor's office for exact deadlines.