Aug

Thinking of Buying or Renting Near NYC? Consider the Tax Costs

Westchester homeowners pay on average $15K in property taxes
New England per capita property taxes among the highest

Imagine setting aside 10 percent of your salary every year towards paying property taxes on your home. Well, that is a reality for some homeowners in the tri-state area.

Homeowners in New York City’s affluent Westchester suburb pay on average $15,000 in annual property taxes, which is comparable to about 10 percent of the average adjusted gross income of $148,775, according to Bloomberg’s analysis of 2015-2016 IRS filings, the most recent available…

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Thinking of Buying or Renting Near NYC? Consider the Tax Costs

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