Property Taxes in Yonkers, New York
Median Yonkers, New York effective property tax rate: 1.37%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Yonkers, New York home value: $567,416
Median annual Yonkers, New York tax bill: $7,566, $5,166 higher than the national median property tax bill of $2,400.
How are property taxes in Westchester calculated?
Property taxes in Yonkers, 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 Yonkers's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Yonkers, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Yonkers Property Tax Calculator Work?
Use this Yonkers property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Yonkers' median effective tax rate of 1.37% — based on actual property records in Westchester County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Yonkers' 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 Yonkers: median tax bills range from $6,609 in 10701 to $10,221 in 10707, primarily due to differences in school district levies and local assessment districts. Yonkers' 1.37% rate is higher than the 1.02% national median property tax rate, and the $7,566 median bill is also higher than the $2,400 national median property tax bill.
If your estimate is higher than expected, Ownwell can appeal your Yonkers assessment — you only pay if we save you money.
About Yonkers Property Taxes
About Property Taxes in Yonkers, Westchester, New York
Yonkers’ median effective property tax rate of 1.37% is lower than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Westchester 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 Yonkers. Homeowners in the 10703 ZIP code carry a median effective rate of 1.37%, while those in 10705 pay 1.37%. This spread reflects how school district boundaries and local assessment districts are drawn across Westchester County. Understanding which part of Yonkers you live in can make a meaningful difference to your annual tax bill.
Yonkers homeowners who believe their assessed value is too high can file a formal appeal with the local Assessment Review Commission.
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 Yonkers, Westchester 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 Yonkers's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
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 Yonkers Tax Rate
1.37%
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 Westchester County Tax Rate
1.65%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Yonkers, Westchester County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10701 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
| 10703 | 1.35% | 1.37% | 1.37% | 1.37% | 1.37% |
| 10704 | 1.20% | 1.37% | 1.37% | 1.37% | 1.37% |
| 10705 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
| 10707 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
| 10710 | 1.23% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Yonkers, Westchester County, New York
When examining property taxes in Yonkers, 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 Westchester 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 Westchester County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. For example, the median home price in Yonkers is $567,416, with tax bills ranging significantly across the county. 10707 has the highest median home price at $747,191.
Property Tax Assessment Values Across Yonkers, Westchester County, New York
Source: Ownwell
$151,450
$988,424
$1,825,397
Median Yonkers Market Value
$567,416
Median Westchester County Market Value
$638,095
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Yonkers, Westchester County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10701 | $111,292 | $267,922 | $505,618 | $629,213 | $769,663 |
| 10703 | $218,034 | $421,349 | $533,708 | $634,831 | $741,685 |
| 10704 | $393,259 | $488,764 | $578,482 | $692,752 | $831,461 |
| 10705 | $387,641 | $488,764 | $584,269 | $685,393 | $786,517 |
| 10707 | $616,853 | $679,775 | $747,191 | $823,034 | $978,466 |
| 10710 | $408,427 | $530,506 | $612,359 | $702,247 | $803,371 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Yonkers, Westchester County, New York
Property tax bills in Yonkers are based on the assessed value of a home and the local tax rate set by the city and county. For homeowners, that means the amount owed can change depending on how a property is valued and whether the assessment reflects the home’s market value accurately. In Yonkers, the median home price is $567,416, and tax bills are substantial, with the 25th percentile at $5,777, the 75th percentile at $9,068, and the 90th percentile at $10,744.
What factors are considered when calculating the bill? The home’s assessed value, local tax rates, and any eligible exemptions all play a role. Homeowners in Yonkers may face higher-than-average property tax bills, so reviewing an assessment carefully can make a meaningful difference.
Ownwell helps homeowners save by identifying potential overassessments and finding exemptions that may lower the bill. If your property is taxed above what it should be, Ownwell can help you appeal and work toward a fairer property tax bill.
Median Yonkers Tax Bill
$7,566
Median Westchester County Tax Bill
$9,223
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Yonkers, Westchester County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10701 | $1,530 | $3,466 | $6,609 | $8,453 | $10,343 |
| 10703 | $2,829 | $5,394 | $7,180 | $8,551 | $10,034 |
| 10704 | $4,530 | $6,302 | $7,685 | $9,222 | $11,193 |
| 10705 | $4,687 | $6,377 | $7,798 | $9,219 | $10,630 |
| 10707 | $8,438 | $9,299 | $10,221 | $11,258 | $13,385 |
| 10710 | $4,382 | $6,870 | $8,146 | $9,452 | $10,836 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Westchester Assessment Review Commission | |
| Website | experience.arcgis.com |