Paul L. Caron

Thursday, April 27, 2006

New York State Property Taxes Are Highest in U.S.

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.

See the press release here.  For New York Times coverage, see Property Taxes Rising Too Fast, Report Warns, by Jennifer Medina:

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.

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New York City, and for that matter, all of New York State, has the highest property taxes in the United States.... [Read More]

Tracked on Apr 28, 2006 8:03:42 AM