New York state has nine income tax rates, ranging from 4% to 10.9% ... Our opinions are our own. Here is a list of our partners and here's how we make money.
New York ranks 2nd in the nation for overall tax burden in 2025, with the highest income tax rate and steep property taxes.
The category accounted for nearly half of the municipal tax revenue in 2024, according to the Real Estate Board of New York.
Property taxes, one of New York City’s main ... to the Office of the NY Comptroller, lower-valued properties are more likely to bear a greater tax burden than the city’s highest-value properties.
However, it offers a continual beauty in the change of seasons. From an income tax perspective, New York City/state isn’t bad ...