Houghton, Allegany County, New York Property Taxes
Property Taxes in Houghton, New York
Median Houghton, New York effective property tax rate: 2.86%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Houghton, New York home value: $129,478
Median annual Houghton, New York tax bill: $3,515, $1,115 higher than the national median property tax bill of $2,400.
How are property taxes in Allegany calculated?
Property taxes in Houghton, 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 Houghton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Houghton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Houghton, Allegany County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.86%
Estimate Property Tax Bill
$3,703
$3,436
How Does the Houghton Property Tax Calculator Work?
Use this Houghton property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Houghton’s median effective tax rate of 2.86% — based on actual property records in Allegany County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Houghton’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 Houghton: rates range from 2.86% in 14744 to 2.86% in 14744, 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 Houghton.
About Houghton Property Taxes
About Property Taxes in Houghton, Allegany, New York
Houghton's median effective property tax rate of 2.86% 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 Houghton. Homeowners in ZIP code 14744 carry a median effective rate of 2.86%, while those in the same ZIP also pay 2.86%. This spread reflects how school district boundaries and local assessment districts are drawn across Allegany County. Understanding which part of Houghton you live in can make a meaningful difference to your annual tax bill.
Houghton 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 Houghton, 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 Houghton's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
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 Houghton Tax Rate
2.86%
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 Houghton, Allegany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14744 | 2.16% | 2.38% | 2.86% | 2.92% | 2.92% |
Source: Ownwell
Property Tax Assessment Values Across Houghton, Allegany County, New York
When examining property taxes in Houghton, 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 process 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 are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Houghton is $129,478, with the median tax bill at $3,515. The highest median home price in the county is in 14744 at $129,478.
Property Tax Assessment Values Across Houghton, Allegany County, New York
Source: Ownwell
$42,000
$93,300
$144,600
Median Houghton Market Value
$129,478
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 Houghton, Allegany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14744 | $58,747 | $95,026 | $129,478 | $169,746 | $205,070 |
Source: Ownwell
Property Tax Bills Across Houghton, Allegany County, New York
Property tax bills in Houghton 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 the starting point for determining how much a homeowner owes each year, and it can change as home values rise or fall.
Several factors can affect the final tax bill, including the home’s assessed value, local tax rates, and any exemptions a homeowner may qualify for. In Houghton, the median home price is $129,478, and the median tax bill is $3,515. That is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%.
For homeowners, this means property taxes can be a significant part of annual housing costs. A higher assessed value usually leads to a higher bill, while exemptions or successful appeals can help reduce what is owed.
Median Houghton Tax Bill
$3,515
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 Houghton, Allegany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14744 | $1,322 | $2,393 | $3,515 | $4,565 | $5,465 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Allegany Assessment Review Commission | |
| Website | beacon.schneidercorp.com |