Multiple metro areas in Upstate New York were among those with the highest effective property tax rates in the U.S. in 2023, including one in the top 10, according to new data.
Rochester, Utica-Rome, Buffalo and Albany were all in the top 60 for highest effective property tax rates in the U.S. last year. Syracuse and Binghamton were in the top 70, according to numbers from ATTOM Data, a national property data provider.
Rochester had the highest effective tax rate among New York metros for which ATTOM had data in 2023 at 1.77%. That ranked 10th nationwide.
Syracuse was No. 62 in the U.S. with an effective rate of 1.18%.
ATTOM had 2023 data for over 200 U.S. metro areas. The Syracuse metro area includes Madison, Onondaga and Oswego counties.
You can see details of effective property tax rates in New York metros in the table below. If you can’t see the table, click here to open it in a new window.
Effective tax rates like the ones in ATTOM’s report aren’t the same as the ones you’ll see on your tax bill.
ATTOM compiles the figures using property tax data collected from assessors nationwide. The company calculates estimated market values for single-family homes in each metro area, then comes up with the effective tax rate by dividing the average tax bill by the average home value.
Property tax rates were generally highest last year in the Northeast and Midwest, according to ATTOM. States including Illinois, New Jersey, Connecticut, New York and Nebraska led the way.
New York’s effective property tax rate was 1.46% in 2023, the fourth-highest in the nation.
Communities in states like New York rely heavily on property taxes to fund local governments and schools. Average bills are thousands more a year in New York than many places in the South, for example.
Property values in Upstate communities like Rochester, Syracuse, Buffalo and Albany also tend to lag faster-growing, wealthier areas. That generally leads those places to have higher effective property tax rates.
The average tax on single-family homes in the U.S. was $4,062 in 2023, according to ATTOM. The average effective property tax rate was 0.87 percent.
That was up slightly from 0.83 percent in 2022. It was the first increase since 2017, ATTOM said.
You can see details of effective property tax rates for metro areas nationwide in the table below. If you can’t see the table, click here to open it in a new window.
You can search by entering a full or partial metro area name in the search box. You can also sort each column by clicking on the headers.
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