Thursday, April 27, 2006
The Office of the New York State Comptroller has released Property Taxes in New York State. Among the many findings:
Per capita property tax burdens in New York are 49% higher than the national average and property taxes measured as a share of personal income are 28% higher.
New York State residents are paying the highest property taxes in the country, increasing at triple the rate of inflation over the last five years, according to a report released on Wednesday by the state comptroller. Suburban homeowners, the report said, bear the biggest burden.