What is the property tax rate in Hastings on Hudson?
The median property tax rate in Hastings on Hudson, New York, is 2.85%.
Property taxes are an important financial consideration for homeowners in Hastings on Hudson. The median rate of 2.85% for properties in the area is notably higher when compared to both the broader New York state and national averages. This figure represents the typical property tax burden experienced by residents based on the assessed value of their homes.
To provide a clearer perspective, here's how the median property tax rate in Hastings on Hudson compares to other benchmarks:
| Location | Median Property Tax Rate |
|---|---|
| Hastings on Hudson, NY | 2.85% |
| New York State | 2.39% |
| National Average | 0.99% |
This comparison illustrates that property owners in Hastings on Hudson can generally expect to pay a larger percentage of their home's value in taxes compared to many other locations across New York State and the United States. Property taxes are typically calculated based on a home's assessed value and the specific tax rates set by various local taxing authorities, including school districts, towns, and counties. Understanding these rates is crucial for both prospective and current homeowners to accurately assess the overall cost of homeownership in the area.
