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Friendship, Allegany County, New York Property Taxes

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Property Taxes in Friendship, New York

  • Median Friendship, New York effective property tax rate: 3.87%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.

  • Median Friendship, New York home value: $68,600

  • Median annual Friendship, New York tax bill: $2,497, $97 higher than the national median property tax bill of $2,400.

How are property taxes in Allegany County calculated?

Property taxes in Friendship, New York 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 Friendship's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Friendship, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Friendship, Allegany County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.87%

Estimate Property Tax Bill

$2,655

$2,464

How Does the Friendship Property Tax Calculator Work?

Use this Friendship property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Friendship's median effective tax rate of 3.87% — based on actual property records in Allegany County — to generate your estimate.

Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Friendship's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Friendship: rates range from 2497.00 in 14739 to 2497.00 in 14739, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Friendship.

About Friendship Property Taxes

About Property Taxes in Friendship, Allegany, New York

Friendship’s median effective property tax rate of 3.87% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Allegany County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.

Property tax rates are not uniform across Friendship. Homeowners in the 14739 ZIP code carry a median effective rate of 3.87%, while those in the same ZIP code also pay 3.87%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Allegany County. Understanding which part of Friendship you live in can make a meaningful difference to your annual tax bill.

Friendship homeowners who believe their assessed value is too high can file a formal appeal with the Assessment Review Commission before the May 26, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Friendship, Allegany County, New York

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Friendship's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Property Tax Rates Across Friendship, Allegany County, New York

Source: Ownwell

1.69%

3.15%

4.60%

Our median effective property tax rate (tax bill Ă· 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 Friendship Tax Rate

3.87%

Our median effective property tax rate (tax bill Ă· 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 Allegany County Tax Rate

2.97%

Median Effective New York Tax Rate

1.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Friendship, Allegany County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
147392.76%2.97%3.87%4.00%4.67%

Source: Ownwell

Property Tax Assessment Values Across Friendship, Allegany County, New York

When examining property taxes in Friendship, New York, 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 Allegany County assessment office 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.

Assessment notices:

In Allegany County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the season.

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 Friendship.

For example, the median home price in Friendship is $68,600, with tax bills ranging significantly across the county. 14739 has the highest median home price at $68,600.

Property Tax Assessment Values Across Friendship, Allegany County, New York

Source: Ownwell

$42,000

$93,300

$144,600

Median Friendship Market Value

$68,600

Median Allegany County Market Value

$84,000

Median New York Market Value

$312,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Friendship, Allegany County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
14739$25,820$44,700$68,600$103,571$160,646

Source: Ownwell

Property Tax Bills Across Friendship, Allegany County, New York

Property tax bills in Friendship are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much a homeowner owes each year, so a higher assessment usually means a higher bill. Factors such as the home’s location, size, condition, and any local taxing districts can all affect the final amount.

For homeowners in Friendship, the median home price is $68,600, and the median property tax bill is $2,497 in ZIP code 14739. That is slightly above the national median property tax bill of $2,400, showing that even modestly priced homes can still face meaningful annual taxes. Bills can vary widely, with the 25th percentile at $1,549 and the 75th percentile at $3,575. At the high end, the 90th percentile reaches $5,201, which can put added pressure on household budgets.

Property Tax Bills Across Friendship, Allegany County, New York

Source: Ownwell

$1,320

$3,491

$5,662

Median Friendship Tax Bill

$2,497

Median Allegany County Tax Bill

$2,508

Median New York Tax Bill

$5,420

Median United States Tax Bill

$2,400

Property Tax Bills Across Friendship, Allegany County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
14739$903$1,549$2,497$3,575$5,201

Source: Ownwell

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Frequently Asked Property Tax Questions in Friendship, New York

How are property taxes calculated in Friendship, New York?
Property taxes in Friendship, New York are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Friendship, New York?
To appeal your property taxes in Friendship, New York, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Friendship, New York?
Common property tax exemptions in Friendship, New York include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Friendship, New York?
Property tax deadlines in Friendship, New York vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Friendship, New York?
Ownwell provides professional property tax appeal services in Friendship, New York. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.