Individual income tax collections
$61,201,732,000
2025 · Census State Government Tax Collections
Effective property tax rate
1.54%
General sales tax collections
$20,399,892,000
2025 · Census State Government Tax Collections
State tax collections per resident
$6,563
2025 · Census tax collections
State tax collections
$131,284,169,000
2025 · Census Annual Survey of State Government Tax Collections
Income Tax
Personal income tax in New York.
Individual income tax collections
$61,201,732,000
2025 · Census State Government Tax Collections
Top marginal rate
10.9%
Lowest bracket
4.0%
NYC local income tax
up to 3.876%
Individual income tax collections
1990–2025$61,201,732,000▲ 300%
Census State Government Tax Collections (FRED NYINCTAX).
| Indicator | New York | U.S. |
|---|---|---|
| Top marginal income tax rate2024, Tax Foundation | 10.9% | 5.0% |
Property Tax
Property taxes in New York.
Effective property tax rate
1.54%
Median annual bill
$6,180
National rank
6th highest
| Indicator | New York | U.S. |
|---|---|---|
| Effective property tax rate2023, Tax Foundation | 1.54% | 0.90% |
Sales Tax
Sales tax in New York.
General sales tax collections
$20,399,892,000
2025 · Census State Government Tax Collections
State rate
4.00%
Average combined rate
8.53%
NYC combined rate
8.875%
General sales tax collections
1990–2025$20,399,892,000▲ 240%
Census State Government Tax Collections (FRED NYSALESTAX).
| Indicator | New York | U.S. |
|---|---|---|
| Average combined sales tax2024, Tax Foundation | 8.53% | 7.52% |
Total Tax Burden
Overall tax load in New York.
State tax collections per resident
$6,563
2025 · Census tax collections
State & local tax burden
15.9%
of income
National rank
1st (highest)
Per-capita collections
$10,380
State tax collections per resident
1990–2025$6,563▲ 313%
Census tax collections (NYTOTLTAX) divided by Census resident population (NYPOP).
| Indicator | New York | U.S. |
|---|---|---|
| State & local tax burden2022, Tax Foundation | 15.9% | 11.2% |
Tax Revenue
Government revenue in New York.
State tax collections
$131,284,169,000
2025 · Census Annual Survey of State Government Tax Collections
Income tax share
54%
Sales tax share
20%
State tax collections
1990–2025$131,284,169,000▲ 359%
Census Annual Survey of State Government Tax Collections, fiscal years (FRED NYTOTLTAX).
| Indicator | New York | U.S. |
|---|---|---|
| State tax collections per capitaFY2023, Census | $5,820 | $3,750 |