Property tax
More money
Property tax growth in New York State averages about 3% annually, supporting school districts and local governments and services in municipalities.
| Calendar year | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Property tax collections (in billions of dollars) | $55.15 | $56.85 | $58.79 | $61.28 | $62.85 |
Working with local governments
The Tax Department’s Office of Real Property Tax Services (ORPTS) works with more than 1,000 local governments that collect more than $68 billion in property taxes.
STAR benefits
More than 2.9 million New Yorkers received more than $2.5 billion in STAR benefits, reducing their school taxes in 2022.
| Calendar year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Number of STAR recipients statewide | 3,088,720 | 3,043,897 | 2,993,635 | 2,932,444 |
| Number of STAR exemptions statewide | 2,525,937 | 2,365,657 | 2,222,250 | 2,054,641 |
| Number of Basic STAR recipients | 2,439,325 | 2,378,466 | 2,337,046 | 2,260,976 |
| Number of Enhanced STAR recipients | 649,395 | 665,431 | 656,589 | 671,468 |
| Number of STAR credits statewide | 562,783 | 678,240 | 771,385 | 877,803 |
| Savings to property owners ($) | $2,672,203,368 | $2,616,442,854 | $2,559,092,015 | $2,516,218,936 |
| Statewide STAR credit savings | $476,861,699 | $572,063,090 | $649,629,804 | $735,497,004 |
Property tax rates
In 2020, property taxes imposed by local governments in New York State were $4.34 per $100 of personal income. This was the 6th highest amount as a percentage of personal income in the nation (ME, NJ, NH, CT, and RI were higher by this measure) and $1.42 above the national average of $2.92 per $100 of personal income.
Homeowner tax rebate credits
New York State issued more than 2.4 million homeowner tax rebate credit payments totaling more $1.9 billion in 2022.
