Niagara County Property Taxes
The median property tax rate in Niagara County is 2.34%, which is significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $156,739, the typical annual property tax bill in Niagara County reaches $3,626, exceeding the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Niagara County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Niagara Falls or another part of Niagara County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Niagara County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.34%
Estimate Property Tax Bill
$3,668
$3,626
Ownwell’s Niagara County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Niagara County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Niagara County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Niagara County, New York
Property taxes in Niagara County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Niagara County is 2.34%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Niagara County set these rates annually, and they can vary significantly between different areas within the county. Each year, Niagara County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Middleport has one of the higher property tax rates in the region at 3.10%, while the city of Niagara Falls boasts one of the lowest at 1.80%. Analyzing how Niagara County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Niagara County Tax Rate
2.34%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Niagara County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Akron | 1.70% | 1.90% | 2.25% | 2.41% | 2.66% |
| Appleton | 1.92% | 2.14% | 2.37% | 2.48% | 2.54% |
| Barker | 1.89% | 2.05% | 2.18% | 2.36% | 2.63% |
| Burt | 2.06% | 2.43% | 2.51% | 2.64% | 2.78% |
| Clarence Center | 2.25% | 2.25% | 2.25% | 2.25% | 2.25% |
| Gasport | 2.36% | 2.63% | 3.04% | 3.20% | 3.58% |
| Lewiston | 2.27% | 2.31% | 2.33% | 2.41% | 2.47% |
| Lockport | 2.32% | 2.40% | 2.40% | 2.72% | 2.98% |
| Lyndonville | 1.93% | 2.01% | 2.13% | 2.19% | 2.20% |
| Medina | 2.09% | 2.15% | 2.25% | 2.44% | 2.55% |
| Middleport | 2.49% | 2.98% | 3.10% | 3.51% | 3.51% |
| Newfane | 2.43% | 2.51% | 2.64% | 2.71% | 2.80% |
| Niagara Falls | 0.85% | 1.43% | 1.80% | 1.80% | 2.84% |
| North Tonawanda | 1.82% | 1.91% | 1.91% | 2.36% | 2.65% |
| Olcott | 2.47% | 2.56% | 2.71% | 3.00% | 3.26% |
| Ransomville | 2.27% | 2.32% | 2.63% | 2.71% | 2.78% |
| Sanborn | 2.41% | 2.50% | 2.62% | 2.71% | 2.80% |
| Wilson | 2.51% | 2.64% | 2.64% | 3.19% | 3.19% |
| Youngstown | 2.26% | 2.31% | 2.38% | 2.60% | 2.60% |
Source: Ownwell
Property Tax Assessment Values Across Niagara County, New York
In Niagara County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Niagara County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Niagara County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Niagara County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Niagara County, Sanborn has the highest median tax bill at $5,601, while Medina has the lowest at $1,453.
Property Tax Assessment Values Across Niagara County, New York
Source: Ownwell
$55,300
$173,150
$291,000
Average Niagara County Assessed Value
$156,739
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Niagara County, New York
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Akron | $95,000 | $116,000 | $153,400 | $203,850 | $244,960 |
| Appleton | $92,860 | $129,750 | $165,484 | $220,280 | $304,920 |
| Barker | $68,435 | $117,903 | $156,854 | $206,814 | $274,452 |
| Burt | $86,240 | $132,400 | $173,900 | $247,525 | $326,080 |
| Clarence Center | $148,200 | $148,200 | $148,200 | $148,200 | $148,200 |
| Gasport | $84,140 | $111,000 | $142,700 | $190,500 | $243,080 |
| Lewiston | $147,377 | $171,179 | $222,642 | $284,104 | $396,226 |
| Lockport | $91,000 | $120,000 | $170,000 | $238,000 | $323,920 |
| Lyndonville | $145,290 | $173,791 | $209,839 | $295,161 | $460,678 |
| Medina | $39,540 | $45,450 | $55,300 | $157,700 | $219,140 |
| Middleport | $83,800 | $101,150 | $126,400 | $171,900 | $228,080 |
| Newfane | $111,420 | $133,000 | $158,400 | $205,600 | $262,020 |
| Niagara Falls | $41,900 | $64,500 | $96,800 | $130,600 | $221,314 |
| North Tonawanda | $123,636 | $151,818 | $192,727 | $263,666 | $349,761 |
| Olcott | $51,300 | $78,500 | $127,700 | $211,800 | $348,140 |
| Ransomville | $108,100 | $141,577 | $181,300 | $241,900 | $307,076 |
| Sanborn | $143,019 | $176,600 | $218,000 | $273,072 | $340,054 |
| Wilson | $78,820 | $117,550 | $154,500 | $217,700 | $290,060 |
| Youngstown | $119,700 | $147,500 | $206,850 | $283,916 | $405,680 |
Source: Ownwell
Property Tax Bills Across Niagara County, New York
In Niagara County, NY, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors that influence the tax bill include the property's market value, any applicable exemptions, and the specific tax rate set by local taxing authorities. Homeowners in Niagara County experience a range of property tax bills. For instance, the 25th percentile tax bill is around $1,982, while the 75th percentile tax bill is approximately $5,518, and those in the 90th percentile face tax bills as high as $7,746. The highest median tax bill is found in Sanborn at $5,601, whereas the lowest median tax bill is in Medina at $1,453. These figures highlight the variability in property tax burdens across the county. Compared to the national median property tax rate of 0.99%, Niagara County's tax rates can significantly impact homeowners, influencing their financial planning and long-term investment in their properties.
Average Niagara County Tax Bill
$3,626
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Niagara County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Akron | $1,822 | $2,526 | $3,246 | $4,216 | $5,347 |
| Appleton | $1,973 | $2,882 | $3,800 | $5,057 | $6,768 |
| Barker | $1,377 | $2,730 | $3,521 | $4,452 | $5,821 |
| Burt | $2,028 | $3,290 | $4,346 | $6,042 | $8,090 |
| Clarence Center | $3,336 | $3,336 | $3,336 | $3,336 | $3,336 |
| Gasport | $2,372 | $3,321 | $4,276 | $5,514 | $7,038 |
| Lewiston | $3,512 | $4,066 | $5,203 | $6,638 | $9,139 |
| Lockport | $2,135 | $2,857 | $4,406 | $6,224 | $8,450 |
| Lyndonville | $3,191 | $3,759 | $4,206 | $6,128 | $9,209 |
| Medina | $932 | $1,128 | $1,453 | $3,386 | $4,546 |
| Middleport | $2,625 | $3,272 | $4,023 | $5,240 | $6,797 |
| Newfane | $2,929 | $3,536 | $4,136 | $5,226 | $6,573 |
| Niagara Falls | $513 | $914 | $1,480 | $2,294 | $5,691 |
| North Tonawanda | $2,254 | $2,851 | $3,849 | $5,722 | $8,470 |
| Olcott | $1,628 | $2,312 | $3,533 | $5,491 | $8,708 |
| Ransomville | $2,706 | $3,548 | $4,516 | $6,019 | $7,706 |
| Sanborn | $3,750 | $4,576 | $5,601 | $6,917 | $8,694 |
| Wilson | $2,130 | $3,304 | $4,336 | $5,878 | $7,762 |
| Youngstown | $2,879 | $3,594 | $4,906 | $6,663 | $9,384 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Links | |
|---|---|
| Niagara Assessment Review Commission | |
| Website | niagaracounty.prosgar.com |