Putnam County, New York Property Taxes
Census Bureau ACS property tax data for New York. Population: 29,105.
The median annual property tax in Putnam County is $10,001, which is 112% higher than the New York state average and 420% above the national average. The effective tax rate is 2.23% on a median home value of $448,000. Property taxes represent 7.8% of the median household income in this county.
Median Annual Tax
$10,001
+112% vs State
+420% vs US
Median Home Value
$448,000
+68% vs State
+112% vs US
Effective Tax Rate
2.23%
+9% vs State
+135% vs US
With vs Without Mortgage
With Mortgage
$10,001
$833/mo
Without Mortgage
$10,001
$833/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $10,001 +0.0% | 2.23% |
| 2022 | $10,001 +1.5% | 2.37% |
| 2021 | $9,855 +3.0% | 2.61% |
| 2020 | $9,564 +1.1% | 2.61% |
| 2019 | $9,464 | 2.64% |
Tax Burden
Tax-to-Income Ratio
7.8%
of median household income
Median Income
$127,405
per year
Monthly Tax
$833
per month
Other Counties in New York
Fulton County
Tax: $3,325/yr Rate: 2.13%
Madison County
Tax: $4,058/yr Rate: 2.30%
Chenango County
Tax: $3,061/yr Rate: 2.39%
Wyoming County
Tax: $3,557/yr Rate: 2.30%
Bronx County
Tax: $5,310/yr Rate: 1.03%
Tioga County
Tax: $3,750/yr Rate: 2.45%
Frequently Asked Questions
What is the average property tax in Putnam County, New York? ▼
The median annual property tax in Putnam County is $10,001 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 2.23% on a median home value of $448,000.
How does Putnam County property tax compare to the national average? ▼
Property taxes in Putnam County are 420% above the national average of $1,923. The effective rate of 2.23% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Putnam County? ▼
In Putnam County, homeowners with a mortgage pay a median of $10,001 in annual property taxes, while homeowners without a mortgage pay $10,001. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Putnam County? ▼
Property taxes in Putnam County represent approximately 7.8% of the median household income of $127,405. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.