New York Tax Rates & Tax Burden
Tax Burden
15.9%
50th lowest
Top Income Tax
10.9%
9 brackets
Combined Sales Tax
8.532%
4% state rate
Property Tax
1.263%
Effective rate
Individual Income Tax
Source: Tax Foundation (2025)Top Marginal Rate
10.9%
Number of Brackets
9
Collections per Capita
$2,980
New York levies a state individual income tax with a top marginal rate of 10.9% across 9 tax brackets. Income tax collections total $2,980 per capita.
Top Marginal Income Tax Rate by State
Sales Tax
Source: Tax Foundation (2025)State Rate
4%
Avg. Local Rate
4.532%
Combined Rate
8.532%
Collections per Capita
$965
New York has a state sales tax rate of 4%. When combined with average local sales taxes, the total combined rate is 8.532%. Sales tax collections total $965 per capita.
Combined Sales Tax Rate by State
Property Tax
Source: Tax Foundation / Census (2025)Effective Rate
1.263%
Collections per Capita
$3,302
The effective property tax rate in New York is 1.263% of owner-occupied housing value. Property tax collections total $3,302 per capita.
Effective Property Tax Rate by State
Gas & Fuel Tax
Source: Tax Foundation (2025)Gas Tax
25¢/gal
New York levies a total gas tax of 25¢/gal per gallon, which includes both excise taxes and other fees. The national average is 32.6¢/gal.
Gas Tax by State (¢/gallon)
Corporate Income Tax
Source: Tax Foundation (2025)Top Corporate Rate
7.25%
New York levies a corporate income tax with a top rate of 7.25%.
Top Corporate Income Tax Rate by State
Business Tax Climate
Source: Tax Foundation SBTCI (2025)Business Climate Rank
#50
of 50 states
Tax Burden Rank
#50
50th lowest burden
Total Collections / Capita
$6,309
The Tax Foundation's State Business Tax Climate Index ranks New York #50 out of 50 states for overall tax competitiveness. This index evaluates corporate taxes, individual income taxes, sales taxes, property taxes, and unemployment insurance taxes.
The total state and local tax burden in New York is 15.9% of state income, compared to the national average of 10.56%.
Business Tax Climate Rank by State (1 = Best)
How New York Compares
Tax Burden by State (% of Income)
| Metric | New York | National Avg. |
|---|---|---|
| Tax Burden (% of income) | 15.9% | 10.56% |
| Combined Sales Tax | 8.532% | 7.21% |
| Property Tax (effective) | 1.263% | 0.873% |
| Gas Tax (¢/gallon) | 25¢/gal | 32.6¢/gal |
| Collections per Capita | $6,309 | $4,397 |