Taxes & Insurance in Montauk
Montauk applies New York State's own graduated income tax with no local layer, a property tax likely below the Suffolk County average by direct Town-of-East-Hampton analogy, the Peconic Bay CPF transfer tax, and New York's single most expensive homeowners-insurance ZIP code.
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Learn moreNew York State's graduated income tax, with no local layer -- and no local government to levy one
New York State's 2026 income tax runs 9 brackets, 4.0%-10.9%. Montauk, as a genuinely unincorporated hamlet, has no separate municipal government of its own that could levy a local income tax, consistent with the broader New York norm outside NYC and Yonkers.
A property-tax rate likely below the county average, by direct same-Town analogy
Suffolk County's average effective property tax rate ran 1.7%-1.85% county-wide. By direct analogy to East Hampton Village's own confirmed 2%-4% assessment ratio -- within the SAME Town of East Hampton that Montauk belongs to -- Montauk's own comparable assessment convention likely produces a similarly lower effective rate.
The Peconic Bay CPF applies via the Town of East Hampton
A real, buyer-paid 2.5% combined transfer tax applies to Montauk purchases via the Town of East Hampton, with allowances of $400,000 (improved) or $100,000 (unimproved) and NO allowance at all above $2 million.
New York's single most expensive homeowners-insurance ZIP code
Montauk's own ZIP code (11930) averages approximately $3,332/year in homeowners insurance -- more than double New York's $1,554-$1,683/year statewide average -- a direct, quantified consequence of Montauk's uniquely exposed coastal position as the easternmost point of Long Island.
Key takeaways
- New York State's 4.0%-10.9% graduated income tax applies with no local income tax layer.
- Montauk's own effective property tax rate likely runs below the Suffolk County average, by direct same-Town analogy.
- The Peconic Bay CPF transfer tax (2.5% combined) applies via the Town of East Hampton.
- Montauk's own ZIP code is directly documented as New York's single most expensive for homeowners insurance.
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