Texas vs New York Property Tax Comparison

Two states, two very different tax systems. Compare property taxes and total tax burden to see which state saves you more.

Quick Answer

Texas has higher property tax rates (1.81%) than New York (1.23%), BUT Texas has no state income tax while New York's income tax ranges from 4-10.9%. For a household earning $150K with a $500K home, Texas saves ~$12,000/year in total taxes despite higher property taxes.

Property Tax Comparison

Home Value: $500,000

Texas

$7,240/year

With $100K Homestead (saves $1,810/year)

Rate: 1.81% | No Income Tax

New York

$5,300/year

With STAR Exemption (~$850 savings)

Rate: 1.23% | Income Tax: 4-10.9%

Total Tax Burden: The Complete Picture

Household earning $150,000/year with $500,000 home:

Texas Total

Property Tax: $7,240

Income Tax: $0

Sales Tax: ~$3,750

Total: $10,990/year

New York Total

Property Tax: $5,300

Income Tax: ~$13,000

Sales Tax: ~$3,000

Total: $21,300/year

Texas saves ~$12,000/year in total taxes

Calculate Texas Property Taxes

Get exact calculations for all 254 Texas counties with homestead and over-65 exemptions.

Texas Calculator

Calculate New York Property Taxes

Calculate property taxes for all 62 New York counties with STAR and senior exemptions.

New York Calculator

Compare More States

Texas vs California →Texas vs Florida →Florida vs New York →

Sources & Data Verification

All data on this page is sourced from official government sources and verified as of 2025:

Texas Property Tax Rate (1.81% average): Texas Comptroller of Public Accounts,Property Tax Division Annual Report
Texas Homestead Exemption ($100,000): Texas Constitution Article VIII, Section 1-b;Texas Comptroller Exemptions Guide
Texas 10% Assessment Cap: Texas Tax Code Section 23.23;Texas Property Tax Code
New York Property Tax Rate (1.23% average): New York State Department of Taxation and Finance,Property Tax Statistics
New York STAR Exemption: New York Real Property Tax Law Section 425;NYS Tax Department STAR Program
New York State Income Tax (4-10.9%): New York State Department of Taxation and Finance,Tax Rates and Tables

Disclaimer: Tax rates and regulations are subject to change. Always verify current rates with your local tax assessor's office. This comparison is for informational purposes and should not be considered tax or financial advice.

Important Disclaimer

This information is for educational purposes only and should not be considered tax, legal, or financial advice. Property tax rates, rules, and exemptions change frequently. Always verify current information with your local tax assessor or consult a qualified professional before making decisions.