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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.

Local property tax collections in New York State
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.

STAR recipients, savings, exemptions, and credits: calendar years 2019–2022 
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.

Updated: