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This Article is From Apr 04, 2019

New York-Area Homeowners Paid Highest Property Taxes Last Year

New York-Area Homeowners Paid Highest Property Taxes Last Year

(Bloomberg) -- When it comes to property-tax pain, New York is hard to beat.

Owners of single-family houses in the city and surrounding suburbs paid an average of $9,700 last year, topping a ranking by Attom Data Solutions of levies in U.S. metropolitan areas with populations of 2 million or more. San Francisco and Boston followed.

Among counties, New York's Westchester -- home to the wealthy towns of Scarsdale and Bronxville -- is still No. 1, with an average bill of $17,392. That's up from $17,179 in the previous year and well above the new $10,000 limit on federal deductions for state and local levies.

Read More: From Westchester to Hoboken, NYC Area Braces for Housing Decline

Following were neighboring Rockland County ($12,925) and Marin County in Northern California ($12,242).

To contact the reporters on this story: Prashant Gopal in Boston at pgopal2@bloomberg.net;Sydney Maki in New York at smaki8@bloomberg.net

To contact the editors responsible for this story: Debarati Roy at droy5@bloomberg.net, Christine Maurus

©2019 Bloomberg L.P.

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