Taxes in Spring valley, NY
Updated 2026 • Property, income & sales tax data
📊 Total Annual Tax Burden in Spring valley, NY
The combined effect of property, income, and sales taxes determines your total tax burden. Based on Spring valley's median household income of $50,749 and a local median home price of $949,000.
🏠 Property Tax in Spring valley, NY
Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services.
Note: The effective rate represents the percentage of a property's value paid in taxes annually. The US average property tax rate is approximately 1.1%. The estimate above uses the local median home price of $949,000 for Spring valley, not the national median of $419,200.
💼 State Income Tax in NY
Income tax rates and brackets vary by state, impacting residents' overall tax burden. The top bracket applies to income above $$8500-$25000000.
⚠ Local Taxes: NY allows local jurisdictions to levy additional income taxes. NYC residents pay up to 3.8% more.
Note: Tax estimates are approximations based on standard deductions and may not account for all applicable credits, deductions, or individual circumstances. For personalized tax advice, please consult a qualified tax professional.
🛒 Sales Tax in Spring valley, NY
Sales tax is applied to most retail purchases and is collected by merchants at the point of sale. The rate can vary based on location and type of purchase.
Impact on Common Household Expenses
| Category | Annual Spending | Est. Sales Tax |
|---|---|---|
| Groceries | $7,000 | $621 |
| Retail | $5,000 | $443 |
| Dining | $3,500 | $310 |
| Total Annual | $15,500 | $1,375 |
💡 Did you know? Not all states tax groceries, and some have tax holidays for specific items like back-to-school supplies or emergency preparedness equipment. Check with local authorities for exemptions that might apply to you.
Understanding Your Tax Burden in Spring valley, NY
What's the tax situation in Spring valley, NY? Residents face higher property taxes (effective rate: 1.77%). Income tax details below. Combined sales tax reaches 4.00%. Plan your finances with our detailed tax analysis.
Tax Pros & Cons of Spring valley, NY
Pros
- •Variety of kids activities
- •Friendly community atmosphere
- •Diverse community population
- •Proximity to NYC for nightlife
- •Convenient public transport
- •Low crime rate reported
- •Access to nearby parks
- •Affordable housing options
- •Job market improving slowly
- •Good school options available
Cons
- •Limited job opportunities
- •Traffic congestion issues
- •Limited nightlife options
- •Social services are inadequate
- •Political polarization evident
- •Weather can be too cold
- •Higher cost of living
- •High property taxes concern
- •Public schools mixed reviews
- •Some racial tension noted
Frequently Asked Questions
What is the cost of living in Spring valley, NY? ▼
The cost of living in Spring valley, NY is 0% equal to the national average, with a cost of living index of 100 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
Is Spring valley, NY a safe place to live? ▼
Spring valley, NY is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Spring valley crime statistics →
What are the best neighborhoods in Spring valley, NY? ▼
The best neighborhoods in Spring valley, NY depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods vary in price depending on proximity to amenities and schools.
How are the taxes in Spring valley, NY? ▼
Tax rates in Spring valley, NY include state and local components. The cost of living index of 100 reflects a moderate cost environment compared to the national average. View detailed Spring valley tax information →
How does Spring valley, NY compare to nearby cities? ▼
Spring valley, NY offers comparable costs to nearby communities. With a cost of living index of 100, median home prices of $0, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Spring valley, NY? ▼
Weather in Spring valley, NY varies by season. Climate data varies by season. View detailed Spring valley climate & environment data →
Explore More About Spring valley, NY
📅 Last Updated: February 2026
Sources: Tax Foundation, State Revenue Departments, U.S. Census Bureau ACS