Tonawanda, Erie County, New York Property Taxes
Median Tonawanda, NY effective property tax rate: 3.25%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Tonawanda, NY home value: $170,300
Median annual Tonawanda, NY tax bill: $5,364, $2,964 higher than the national median property tax bill of $2,400.
How are property taxes in Erie County calculated?
Property taxes in Tonawanda, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Tonawanda’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tonawanda, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tonawanda, Erie County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.25%
Estimate Property Tax Bill
$5,535
$5,136
Ownwell’s Tonawanda Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tonawanda with just two data points.
By entering your property's estimated assessed value, our calculator applies Tonawanda’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Erie.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Tonawanda, Erie County, New York
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Tonawanda Tax Rate
3.25%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Erie County Tax Rate
1.96%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tonawanda, Erie County, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14150 | 1.52% | 1.57% | 3.25% | 3.30% | 3.48% |
Source: Ownwell
Property Tax Assessment Values Across Tonawanda, Erie County, New York
When examining property taxes in Tonawanda, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Erie County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Erie County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Tonawanda. For example, the median home price in Tonawanda is $170,300, with tax bills ranging significantly across the county. Zip code 14150 has the highest median home price at $170,300.
Property Tax Assessment Values Across Tonawanda, Erie County, New York
Source: Ownwell

$38,500
$243,600
$448,700
Median Tonawanda Market Value
$170,300
Median Erie County Market Value
$186,335
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tonawanda, Erie County, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14150 | $110,300 | $139,700 | $170,300 | $194,100 | $222,400 |
Source: Ownwell
Property Tax Bills Across Tonawanda, Erie County, New York
In Tonawanda, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Tonawanda is $170,300, which influences the assessed value used to calculate the tax bill. Homeowners in this region face a median property tax bill of $5,364, significantly higher than the national median of $2,400. This discrepancy can be attributed to the local tax rate and the value assessments conducted by Erie County. Factors such as property size, location, and improvements can also affect the assessed value and, consequently, the tax bill.
For homeowners seeking to reduce their property tax burden, Ownwell offers valuable assistance. By providing expert property tax appeal and exemption services, Ownwell can help homeowners challenge their assessments and potentially lower their tax bills. With a deep understanding of local tax regulations and a commitment to maximizing savings, Ownwell ensures that homeowners pay only their fair share, alleviating financial stress and enhancing property affordability.
Median Tonawanda Tax Bill
$5,364
Median Erie County Tax Bill
$2,315
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Tonawanda, Erie County, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14150 | $1,796 | $2,529 | $5,364 | $6,399 | $7,321 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Erie Assessment Review Commission | |
Website | erieny.maps.arcgis.com |