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 "New Yorker". 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 the third largest state by population. More importantly, New York places the largest overall tax burden on its citizens.
According to the Bureau of Labor Statistics, NewYork employment in June 2021 was 9,421,356, unemployment was 726,438 or 7.7% of total jobs.