Home
/US Property Taxes
/New York
/Cattaraugus County
/Great Valley

Great Valley, Cattaraugus County, New York Property Taxes

$774 avg. annual savings
No Upfront Costs
You only pay if we save

Property Taxes in Great Valley, New York

  • Median Great Valley, New York effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.

  • Median Great Valley, New York home value: $156,746

  • Median annual Great Valley, New York tax bill: $2,314, $86 lower than the national median property tax bill of $2,400.

How are property taxes in Cattaraugus calculated?

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

Last Updated April 13, 2026

Great Valley, Cattaraugus County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.54%

Estimate Property Tax Bill

$2,414

$2,240

How Does the Great Valley Property Tax Calculator Work?

Use this Great Valley property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Great Valley's median effective tax rate of 1.54% — based on actual property records in Cattaraugus County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment 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 Great Valley'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 Great Valley: rates range from 1.54% in 14741 to 1.54% in 14741, primarily due to differences in school district levies and local assessment districts. Great Valley's median effective tax rate is lower than the 1.90% New York median, and the median tax bill of $2,314 is $86 lower than the state median.

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

About Great Valley Property Taxes

About Property Taxes in Great Valley, Cattaraugus, New York

Great Valley's median effective property tax rate of 1.54% is lower than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Cattaraugus 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 Great Valley. Homeowners in the 14741 ZIP code carry a median effective rate of 1.54%, while those in the same ZIP code pay 1.54%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Cattaraugus County. Understanding which part of Great Valley you live in can make a meaningful difference to your annual tax bill.

Great Valley homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Great Valley, Cattaraugus 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 Great Valley'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 Great Valley, Cattaraugus County, New York

Source: Ownwell

0.92%

1.79%

2.67%

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 Great Valley Tax Rate

1.54%

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 Cattaraugus County Tax Rate

2.09%

Median Effective New York Tax Rate

1.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Great Valley, Cattaraugus County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
147411.06%1.40%1.54%1.71%2.02%

Source: Ownwell

Property Tax Assessment Values Across Great Valley, Cattaraugus County, New York

When examining property taxes in Great Valley, 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 Cattaraugus 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.

Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.

For example, the median home price in Great Valley is $156,746, with a median tax bill of $2,314. Tax bills range from $1,498 at the 25th percentile to $5,738 at the 90th percentile, and ZIP code 14741 has the highest median home price at $156,746.

Property Tax Assessment Values Across Great Valley, Cattaraugus County, New York

Source: Ownwell

$72,389

$220,195

$368,000

Median Great Valley Market Value

$156,746

Median Cattaraugus County Market Value

$111,596

Median New York Market Value

$312,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Great Valley, Cattaraugus County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
14741$60,968$103,175$156,746$243,413$347,937

Source: Ownwell

Property Tax Bills Across Great Valley, Cattaraugus County, New York

Property tax bills in Great Valley are based on the assessed value of a home and the local tax rate set by taxing authorities. The assessed value is meant to reflect a property’s market value, and the final bill is calculated by applying the tax rate to that assessment. Factors such as home characteristics, location, and local budgets can all influence the amount a homeowner owes.

For Great Valley homeowners, the median home price is $156,746, and the median property tax bill is $2,314. That figure is slightly below the national median property tax bill of $2,400, but bills can vary widely across households. In this area, the 25th percentile tax bill is $1,498, while the 75th percentile is $3,668, showing how different assessments and local rates can affect costs. Higher tax bills can increase monthly housing expenses, while lower bills can make ownership more affordable.

Property Tax Bills Across Great Valley, Cattaraugus County, New York

Source: Ownwell

$687

$3,309

$5,930

Median Great Valley Tax Bill

$2,314

Median Cattaraugus County Tax Bill

$2,375

Median New York Tax Bill

$5,420

Median United States Tax Bill

$2,400

Property Tax Bills Across Great Valley, Cattaraugus County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
14741$835$1,498$2,314$3,668$5,738

Source: Ownwell

Don't miss the deadline to file a grievance!

Frequently Asked Property Tax Questions in Great Valley, New York

How are property taxes calculated in Great Valley, New York?
Property taxes in Great Valley, 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 Great Valley, New York?
To appeal your property taxes in Great Valley, 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 Great Valley, New York?
Common property tax exemptions in Great Valley, 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 Great Valley, New York?
Property tax deadlines in Great Valley, 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 Great Valley, New York?
Ownwell provides professional property tax appeal services in Great Valley, 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.