Central New York Regional Planning and Development Board - Taxation

State Tax Ranks (New York)

Overall

Corporate Tax

Individual Income Tax

Sales Tax

Unemployment Insurance Tax

Property Tax

State Sales Tax Rates (New York)

Sales Tax

4.000%

State Unemployment Insurance Tax Rates (New York)

Minimum

2.1000%

Maximum

9.9000%

Taxable Wage Base

$12,300

Most Favorable Schedule - Minimum

0.0000%

Most Favorable Schedule - Maximum

5.9000%

Least Favorable Schedule - Minimum

1.5000%

Least Favorable Schedule - Maximum

8.9000%

State Property & Capital Stock Tax Rates (New York)

Property Tax Collections Per Capita

$3,322

Property Tax Collections - Percentage of Income

4.48%

Capital Stock Tax Rate

0.188%

Capital Stock Maximum Payment

$5,000,000

Payment Options for CST and CIT

Pay highest

Real Estate Taxes

Median Real Estate Taxes Paid

Cayuga County, NY		$3,727
Cortland County, NY		$4,035
Madison County, NY		$3,886
Onondaga County, NY		$4,646
Oswego County, NY		$3,544

State Income Tax Rates (New York)

Corporate

≥ $0

6.500%

≥ $5,000,000

7.250%

Individual (Wage Income)

≥ $0

4.000%

≥ $8,500

4.500%

≥ $11,700

5.250%

≥ $13,900

5.850%

≥ $80,650

6.250%

≥ $215,400

6.850%

≥ $1,077,550

9.650%

≥ $5,000,000

10.300%

≥ $25,000,000

10.900%