Homeowners in Water Mill, New York paid a median $10,001 a year in property tax on a median home worth $2,000,001, an effective rate of about 0.50% (Census 2020–2024).
1.73%Suffolk County overall
Water Mill vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Water Mill
At the local 0.50% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $750 | $63 |
| $250,000 | $1,250 | $104 |
| $350,000 | $1,750 | $146 |
| $500,000 | $2,500 | $208 |
Buying a home in Suffolk County? 2026 loan limits
Nearby and related
- Suffolk County property taxcounty overview
- New York property tax by countyranked
- West Babylon, NY1.88% effective
- Coram, NY2.21% effective
- Central Islip, NY2.10% effective
- Commack, NY1.47% effective
- Huntington Station, NY1.73% effective
- Cost of living in New Yorkprices & rents
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in Water Mill, New York?
Homeowners in Water Mill, New York paid a median $10,001 a year in property tax on a median home worth $2,000,001, an effective rate of about 0.50% (Census 2020–2024).
How much is property tax on a $250,000 home in Water Mill?
About $1,250 a year at the 0.50% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Water Mill higher than the rest of New York?
Water Mill ranks #26 lowest of 896 New York places we track. The statewide effective rate is 1.55%. Suffolk County overall is 1.73%.