Tax amount varies by county. The median property tax in New York is $3,755.00 per year for a home worth the median value of $306,000.00. Counties in New York collect an average of 1.23% of a property's assesed fair market value as property tax per year.What is property tax in New York?
New York Property Taxes. New York has no tax on personal property such as vehicles and jewelry, but there are property taxes on real estate. These taxes are actually paid to local governments such as counties, cities and school districts. The state does not take a cut of these revenues.