Property Tax in Bronx County
via TaxByCounty
Bronx offers the lowest tax rate statewide
Bronx County's effective tax rate of 1.027% is the lowest in New York and roughly half the state average of 2.046%, making it exceptionally competitive nationally. Despite this favorability, the median property tax bill of $5,310 exceeds the national median of $2,690 because Bronx homes are valued far higher—$517,000 compared to the $281,900 national median.
New York's most tax-friendly county
Among all 62 New York counties, Bronx County boasts the lowest effective tax rate at 1.027%. This reflects the borough's urban density and NYC's centralized tax structure, which differs fundamentally from suburban and rural counties.
Dramatically lower than surrounding counties
Bronx's 1.027% rate is less than half of Albany County's 1.894%, making it far more favorable than any nearby region. The county's high-value real estate ($517,000 median) and low rate create a unique urban advantage.
Annual tax on $517k median home
On Bronx's median home value of $517,000, you'll pay approximately $5,310 in annual property taxes—among the highest dollar amounts statewide, but a bargain rate-wise. With a mortgage, expect $5,484; without, $4,916.
Even low-tax Bronx homeowners should appeal
Assessment errors occur in all markets, including Bronx, potentially costing you hundreds or thousands over time. A free, straightforward appeal process makes it worth verifying your home's assessed value against recent comparable sales.