New York City, NY variant. This is a New York City, NY-specific version of the Income Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Income Tax Calculator.
Income tax in New York City combines federal, NY state, and a 3.876% city income tax.
Layers of income tax in New York City
New York City is among the cities that add a local income tax - 3.876% here - on top of NY state and federal tax. That makes New York City one of the higher total-tax jurisdictions in the country.
Combine all layers to find your true marginal rate on the next dollar earned.
About New York City, NY
New York City levies its own local income tax on residents, layered on top of New York State income tax, so city dwellers face one of the heaviest combined tax burdens in the country.
New York City is among the most expensive housing markets in the United States, with high home prices and rents that vary dramatically across its five boroughs.
New York City's economy is anchored by finance, media, and professional services, and its high cost of living is driven largely by housing and dense urban demand.
Worked example: local tax on $80,610
New York City's 3.876% city tax on $80,610 ≈ $3,124, before NY state and federal tax.
Quick reference
- Median home value: $825,000
- Median rent: $3,950/mo
- Median household income: $80,610
- Local sales tax: 8.875%
- City income tax: 3.876%
- Effective property tax rate: 0.88%
- Cost of living index: 187 (US avg = 100)
Frequently Asked Questions
Does New York City have a local income tax?
Yes - 3.876%, on top of NY state and federal tax.
What taxes apply to New York City residents?
Federal, NY state, and a 3.876% city income tax.