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Unity Bancorp (UNTY) Tax Rate: 2010-2024

Historic Tax Rate for Unity Bancorp (UNTY) over the last 15 years, with Dec 2024 value amounting to 23.79%.

  • Unity Bancorp's Tax Rate fell 141.00% to 23.73% in Q3 2025 from the same period last year, while for Sep 2025 it was 23.22%, marking a year-over-year decrease of 178.00%. This contributed to the annual value of 23.79% for FY2024, which is 128.00% down from last year.
  • Unity Bancorp's Tax Rate amounted to 23.79% in FY2024, which was down 5.12% from 25.07% recorded in FY2023.
  • In the past 5 years, Unity Bancorp's Tax Rate ranged from a high of 25.21% in FY2022 and a low of 23.79% during FY2024.
  • In the last 3 years, Unity Bancorp's Tax Rate had a median value of 25.07% in 2023 and averaged 24.69%.
  • Its Tax Rate has fluctuated over the past 5 years, first soared by 204bps in 2020, then crashed by 128bps in 2024.
  • Yearly analysis of 5 years shows Unity Bancorp's Tax Rate stood at 24.02% in 2020, then surged by 93bps to 24.96% in 2021, then rose by 26bps to 25.21% in 2022, then declined by 14bps to 25.07% in 2023, then slumped by 128bps to 23.79% in 2024.