Bronx, New York County, New York Property Taxes

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Property Taxes in Bronx, New York

Median Bronx, New York effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Bronx, New York home value: $899,000
Median annual Bronx, New York tax bill: $6,059, $3,659 higher than the national median property tax bill of $2,400.

How are property taxes in New York calculated?

Property taxes in Bronx, New York are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Bronx's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bronx, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Bronx, New York County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$5,394

$5,005

How Does the Bronx Property Tax Calculator Work?

Use this Bronx property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bronx's median effective tax rate of 0.60% — based on actual property records in New York County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bronx's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Bronx: rates range from 0.60% in 10463 to 0.60% in 10463, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Bronx.

About Bronx Property Taxes

About Property Taxes in Bronx, New York, New York

Bronx’s median effective property tax rate of 0.60% is lower than the New York state median of 1.90% and lower than the national median of 1.02%. This rate reflects the New York County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.

Property tax rates are not uniform across Bronx. Homeowners in the 10463 ZIP code carry a median effective rate of 0.60%, while those in 10463 pay 0.60%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across New York County. Understanding which part of Bronx you live in can make a meaningful difference to your annual tax bill.

Bronx homeowners who believe their assessed value is too high can file a formal appeal with the local Assessment Review Commission before the March 16, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Bronx, New York County, New York

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Bronx's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Property Tax Rates Across Bronx, New York County, New York

Source: Ownwell

0.42%

2.89%

5.37%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bronx Tax Rate

0.60%

Median Effective New York County Tax Rate

5.03%

Median Effective New York Tax Rate

1.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bronx, New York County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
10463	0.41%	0.47%	0.60%	0.72%	0.84%

Source: Ownwell

Property Tax Assessment Values Across Bronx, New York County, New York

When examining property taxes in Bronx, New York, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The New York County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In New York County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bronx.

For example, the median home price in Bronx is $899,000, with tax bills ranging significantly across the county. 10463 has the highest median home price at $899,000.

Property Tax Assessment Values Across Bronx, New York County, New York

Source: Ownwell

$250,872

$14,788,936

$29,327,000

Median Bronx Market Value

$899,000

Median New York County Market Value

$5,099,500

Median New York Market Value

$312,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bronx, New York County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
10463	$569,738	$772,000	$899,000	$1,303,000	$1,581,400

Source: Ownwell

Property Tax Bills Across Bronx, New York County, New York

How are property tax bills calculated in Bronx?

Property tax bills in Bronx are based on the assessed value of a home, not its market price. Local tax rates are applied to that assessed value to determine the amount a homeowner owes each year. Factors such as property type, location, and any applicable exemptions can affect the final bill.

For a home with a median price of $899,000, the tax bill can vary widely across the city. The 25th percentile tax bill is $3,886, while the 75th percentile is $7,144 and the 90th percentile reaches $8,681. In ZIP code 10463, the median tax bill is $6,059.

These bills can have a major impact on homeowners because they add a recurring cost on top of mortgage payments and other housing expenses. Understanding how assessed value and local tax rules work can help homeowners better estimate what they may owe.

Property Tax Bills Across Bronx, New York County, New York

Source: Ownwell

$4,650

$17,317

$29,984

Median Bronx Tax Bill

$6,059

Median New York County Tax Bill

$16,932

Median New York Tax Bill

$5,420

Median United States Tax Bill

$2,400

Property Tax Bills Across Bronx, New York County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
10463	$2,699	$3,886	$6,059	$7,144	$8,681

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates
Appeal Deadline	March 16

Links
New York Assessment Review Commission
Website	propertyinformationportal.nyc.gov

Frequently Asked Property Tax Questions in Bronx, New York

How are property taxes calculated in Bronx, New York?

Property taxes in Bronx, New York are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Bronx, New York?

To appeal your property taxes in Bronx, New York, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Bronx, New York?

Common property tax exemptions in Bronx, New York include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Bronx, New York?

Property tax deadlines in Bronx, New York vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Bronx, New York?

Ownwell provides professional property tax appeal services in Bronx, New York. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.