Bronx County, New York property tax
The median homeowner in Bronx County, New York pays $5,310 a year in property tax on a home worth $517,000, an effective rate of 1.03%. The national effective rate is 0.98%.
What the rate means here
Bronx County taxes property at 1.03%, within a rounding error of the national 0.98%. With the rate close to typical, the $5,310 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #57 of 62 New York counties by effective rate, against a statewide 1.60%, and #985 nationally. The state runs from 3.00% in Orleans County down to 0.69% in Kings County.
The median home costs 10.54 times the median household income of $49,036, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 35.14% of median income in gross rent. With 1,419,250 residents this is one of the larger counties in the country, so the medians here average across a genuinely varied housing market and hide a lot of local range.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Bronx County | New York | United States | |
|---|---|---|---|
| Effective property tax | 1.03% | 1.60% | 0.98% |
| Median tax bill | $5,310 | $6,450 | $2,969 |
| Median home value | $517,000 | $403,000 | $303,400 |
| Median gross rent | $1,436 | $1,576 | $1,348 |
| Median household income | $49,036 | $84,578 | $78,538 |
| Home price to income | 10.54× | 4.76× | 3.86× |
| Rent as share of income | 35.14% | 22.36% | 20.6% |
| Owner-occupied | 20.27% | 54.31% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 1,419,250.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Nassau County | 1.52% | $10,001 | $658,700 |
| Suffolk County | 1.85% | $10,001 | $539,500 |
| New York County | 0.90% | $10,001 | $1,108,900 |
| Westchester County | 1.57% | $10,001 | $638,400 |
| Erie County | 2.08% | $4,525 | $217,400 |
Bronx County property tax: common questions
What is the property tax rate in Bronx County, New York?
The effective rate is 1.03% of home value, from a median tax bill of $5,310 against a median home value of $517,000. That is 0.05 points above the national 0.98%.
How much is property tax on a $400,000 home in Bronx County?
Roughly $4,120 a year at the county effective rate of 1.03%.
Is Bronx County expensive compared with the rest of New York?
It ranks #57 of 62 New York counties by effective property tax rate, and #985 of 2,826 nationally. That is 0.57 points below the New York average of 1.60%.
What does housing cost in Bronx County?
The median home is worth $517,000 and median gross rent is $1,436 a month. Median household income is $49,036, which puts the home at 10.54 times annual income and rent at 35.14% of it.