20%
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Property tax bills and payments
Your property tax bill shows:
- Current and past due property tax changes;
- Other property-related charges
- Any exemptions or abatements you receive
- Any overpayments or credits on your account
- The discount you can receive for early payment
- General information about how your taxes are calculated
To understand how we assess your property and calculate your tax bill visit Assessments.
Where do your tax dollars go?
In New York City, property tax represented 43% of all the city tax dollars collected in fiscal years 2023, which ended on June 30, 2023. This chart shows how all city tax dollars were spent.
26%
Education
27%
Uniform Agencies (police, Fire, Sanitation, Corrections)
27%
Other Agencies (Transportation, Housing, Parks, etc)
You will receive a property tax bill if you pay the taxes yourself and have a balance. If a bank or mortgage company pays your property taxes, they will receive your property tax bill. Bills are generally mailed and posted on our website about a month before your taxes are due.
If your property’s assessed value is:
$250,000 or less
Bills are mailed:
- Quarterly (four times a year)
- Payment is due on July 1, October 1, January 1 and April 1
more than $250,000
Bills are mailed:
- Semi-annually (2 times a year)
- Payment is due on: July 1 and January 1
You can now receive alerts when payments are credited to your property tax account. To receive notifications, you must be listed as an owner on property deeds and other official records.