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Thursday
Mar102011

Survey: New York County Pays Highest Property Taxes in US

Creatas/Thinkstock(NEW YORK) -- Businesses in Westchester County, a suburb north of Manhattan, pay the highest property taxes in the nation and they are saying, "Enough is enough."

"Everyone assumes property tax is a homeowner issue, but it's really a business issue," said Paul Vitale, vice president of government and community relations with the Business Council of Westchester.

The organization has about 1,200 members and is lobbying to lower property taxes to keep businesses in the area.

Westchester is the county with the highest median real estate taxes in the country, at $9,044, according to the Census Bureau's American Community Survey.

According to Vitale, businesses pay 44 percent of property taxes in the state of New York.

Marsha Gordon, president and CEO of the Business Council of Westchester, is in favor of Gov. Andrew Cuomo's proposal to cap property taxes to combat the high costs businesses and residents pay.  Cuomo's bill was approved by the New York State Senate on Jan. 31.  The bill most recently went before the state assembly.

Along with Weschester, two other counties in New York made the American Community Survey's top 10 list of highest median real estate taxes paid in 2009.  Here is the complete list:

1. Westchester, New York, $9,044
2. Nassau, New York, $8,940
3. Bergen, New Jersey, $8,708
4. Hunterdon, New Jersey, $8,671
5. Rockland, New York, $8,542
6. Essex, New Jersey, $8,245
7. Passaic, New Jersey, $7,939
8. Morris, New Jersey, $7,904
9. Union, New Jersey, $7,793
10. Somerset, New Jersey, $7,720 

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