8,516,202 Population FY 2023
0.9% Fund Balance FY 2025
$24,701 Per-Capita Spending FY 2025
3.8% Debt Service FY 2025
Data comparability note: Consolidated city-county-school district. NYC's General Fund includes K-12 education (DOE, ~$34B), courts, district attorneys, and public welfare — functions handled at the county or school district level in other cities. This makes per-capita spending roughly 2-3x higher than otherwise comparable cities. Fund Balance % reflects only the Committed General Fund (Revenue Stabilization Fund, ~$2B); NYC's larger reserves are classified as Restricted and are not included.

Taxes this government levies

Levies we can source to New York City as the levying government, quoted from the official sources linked on each row. Overlapping governments (state, county, regional authorities) levy their own taxes on the same residents — the calculator links below combine the full stack.

Other governments taxing residents here

The taxes above are only part of a resident's bill. These overlapping governments levy their own taxes on the same households — each name links to that government's page.

  • New York — State income tax graduated schedule, top rate 10.9% · State sales tax 4.0%

What households actually pay

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

The two sections above list the tax rules for New York City. Here we track the source-backed dollar amounts households here actually pay — typical property-tax bills, fees, and similar figures — filling this in as we load them for each place.

Component Summary Effective Coverage Sources
NY property tax policy (local levies; no statewide rate) In New York, real property tax is raised and spent locally by counties, cities, towns, villages, school districts, and special districts; there is no single statewide property-tax rate. Property-tax guidance page updated July 26, 2024 (accessed April 19, 2026). Needs review NY property taxes overview; ORPTS tax bill calculation guide
ACS owner-occupied median property tax
Best current homeowner-bill proxy for this Census geography; reported bills can include state, county, municipal, and applicable local real-estate tax layers.
$6,358 ACS median real-estate taxes paid by owner-occupied housing units. ACS2023 Source observation available New York City Census ACS 5-Year Estimates 2023
Property-tax revenue per resident
Government revenue context only; use this to benchmark a single government's revenue, not to estimate taxes owed.
$4,081 source-backed property-tax revenue per resident for this government; not a household tax bill. FY2025 Source observation available New York City FY2025 Annual Comprehensive Financial Report
Property-tax revenue per occupied household
Government revenue context only; this excludes other applicable property-tax layers unless those governments' rows are separately loaded.
$10,490 source-backed property-tax revenue per occupied household for this government; not a typical homeowner tax bill. FY2025 Source observation available New York City FY2025 Annual Comprehensive Financial Report

Community Profile

Census Bureau ACS 5-year estimates

17.4% Poverty Rate 2023
41.0% Bachelor's+ Rate 2023
7.7% Unemployment Rate 2023
32.8% Homeownership Rate 2023

Financial Documents (24)
Year Title Type
2025 New York City ACFR 2025 NYC_ACFR
2025 New York City FY2025 Annual Comprehensive Financial Report ACFR_PROPERTY_TAX_REVENUE
2024 New York City ACFR 2024 NYC_ACFR
2023 New York City Census ACS 5-Year Estimates 2023 US_CENSUS_ACS5
2023 New York City ACFR 2023 NYC_ACFR
Governance & Structure
Governance Structure
Structure
Strong mayor
Fiscal Autonomy
Not specified
ICMA Recognition
Notes
Strong Mayor form; Big Five city; largest city in US
School Details

Not applicable for this entity type.

Geographic Relationships

This entity is within