How are property tax rates determined in New York?

Property tax rates in New York are set by each taxing district (municipality, school district, park district, library, etc.) based on their annual levy (the amount of tax revenue they need). The rate is calculated by dividing the levy by the total assessed value of all property in the district.

What is the composite tax rate?

The composite tax rate is the sum of all overlapping taxing district rates that apply to a specific property. A typical property may be taxed by several overlapping districts. The composite rate determines your total tax bill when multiplied by your property's assessed value.

Why do tax rates vary within the same town?

Properties within the same municipality can have different composite rates because overlapping districts (school, park, fire, library) have different boundaries. A home in one school district may have a different rate than a home two blocks away in a different school district.

Southampton, NY Property Tax Rate 2026 — Full Breakdown by District

Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. See products & pricing →

Property Tax — Tax Year 2024 (payable 2025)i

IL DOR

Composite Ratei

2.67%–19.27%+3.6%YoY

Varies by school district

Municipal Portioni

0.8000%-2.4%YoY7.3% of total

Effective Ratei

2.67%–19.27%

Est. Annual Taxi

$53K–$385K

Median Home Valuei

$2,000,001

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20232024

Municipal

Other Districts

Where Your Tax Dollar Goesi

$1.53 Eastport- South Manor CSD

$0.89 Riverhead CSD

$0.73 Hampton Bays CSD

$0.64 East Quogue CSD

$0.38 Tuckahoe Common CSD

$0.35 Westhampton Beach CSD

$0.33 Remsenburg-Speonk CSD

$0.26 Sag Harbor CSD

$0.15 Suffolk County

$0.12 Southhampton CSD

$0.12 Bridgehampton CSD

$0.11 Quogue CSD

$0.08 Wainscott CSD

$0.07 Southampton

$0.02 Sagaponack CSD

Estimated Tax by Home Valuei

$1.50M

$40,007–$289,112

$1.75M

$46,674–$337,297

$2M

$53,342–$385,482

$2.25M

$60,010–$433,667

$2.50M

$66,678–$481,853

$2.75M

$73,345–$530,038

$3M

$80,013–$578,223

Highlighted value is closest to median home value ($2.0M)

15 Overlapping Taxing Districtsi

Eastport- South Manor CSDUnit K-12

153%16.7841%

Riverhead CSDUnit K-12

88.9%9.7543%

Hampton Bays CSDUnit K-12

72.8%7.9824%

East Quogue CSDUnit K-12

64.4%7.0607%

Tuckahoe Common CSDUnit K-12

38.1%4.1851%

Westhampton Beach CSDUnit K-12

35.2%3.8622%

Remsenburg-Speonk CSDUnit K-12

32.8%3.6002%

Sag Harbor CSDUnit K-12

26.3%2.8850%

Suffolk Countyi

15.4%1.6900%

Southhampton CSDUnit K-12

12%1.3216%

Bridgehampton CSDUnit K-12

11.6%1.2769%

Quogue CSDUnit K-12

11.4%1.2534%

Wainscott CSDUnit K-12

7.6%0.8384%

Southamptoni

7.3%0.8000%

Sagaponack CSDUnit K-12

1.6%0.1771%