The average New Yorker is taxed at a rate of 1.23% for property, a maximum of 8.82% for income and up to 4.00% for sales. Compared to the national averages New York earns a score of poor 👎 for property taxes, poor 👎 for income taxes and average for combined local and state sales tax. Quick links to regions of New York with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of New York
New York has approximately 19,836,286 residents. A common term for people in New York is "Empire Stater". Within this population there are around 232,766 births and 159,676 deaths per year. Approximately 64.7% of this population speaks English exclusively. Conversely, 1.4% of this population has no verbal English skill. On average, real estate listings in New York are on the market for 117 days. The Market Health Index for New York is 5.88. New York has one of the top ten largest income disparities between the wealthiest and poorest counties. Nassau is the wealthiest of all counties in New York. The least wealthy of all counties in New York is Bronx.
Daily state facts: New York is one of the top four states for receiving small business innovation research awards from the National Institutes of Health.
According to the Bureau of Labor Statistics, NewYork employment in November 2020 was 9,140,674, unemployment was 771,153 or 8.4% of total jobs.