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Grand Island, Erie County, New York Property Taxes

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Property Taxes in Grand Island, New York

  • Median Grand Island, New York effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.

  • Median Grand Island, New York home value: $328,767

  • Median annual Grand Island, New York tax bill: $2,494, $94 higher than the national median property tax bill of $2,400.

How are property taxes in Erie calculated?

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

Last Updated April 13, 2026

Grand Island, Erie County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.33%

Estimate Property Tax Bill

$4,373

$4,058

How Does the Grand Island Property Tax Calculator Work?

Use this Grand Island property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Grand Island's median effective tax rate of 1.33% — based on actual property records in Erie 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 Grand Island'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 Grand Island: rates range from 1.33% in 14072 to 1.33% in 14072, 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 Grand Island.

About Grand Island Property Taxes

About Property Taxes in Grand Island, Erie, New York

Grand Island’s median effective property tax rate of 1.33% is lower than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Erie 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 Grand Island. Homeowners in the 14072 ZIP code carry a median effective rate of 1.33%, while those in the same ZIP also pay 1.33%. This spread reflects how school district boundaries and local assessment districts are drawn across Erie County. Understanding which part of Grand Island you live in can make a meaningful difference to your annual tax bill.

Grand Island 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 Grand Island, Erie 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 Grand Island'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 Grand Island, Erie County, New York

Source: Ownwell

0.31%

1.14%

1.97%

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 Grand Island Tax Rate

1.33%

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

0.31%

Median Effective New York Tax Rate

1.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grand Island, Erie County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
140721.33%1.33%1.33%1.33%1.33%

Source: Ownwell

Property Tax Assessment Values Across Grand Island, Erie County, New York

When examining property taxes in Grand Island, 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 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.

Assessment notices:

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

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 Grand Island.

For example, the median home price in Grand Island is $328,767, with tax bills ranging significantly across the county. 14072 has the highest median home price at $328,767.

Property Tax Assessment Values Across Grand Island, Erie County, New York

Source: Ownwell

$50,407

$306,174

$561,941

Median Grand Island Market Value

$328,767

Median Erie County Market Value

$232,174

Median New York Market Value

$312,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grand Island, Erie County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
14072$195,890$252,055$328,767$431,507$541,781

Source: Ownwell

Property Tax Bills Across Grand Island, Erie County, New York

Property tax bills in Grand Island are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and any applicable local assessment rules. For homeowners, the bill is driven by the assessed value of the home, not the purchase price alone, so changes in the market can affect what is owed.

In Erie County, the median home price is $328,767, and the typical property tax bill is $2,494. That amount is the same at the 25th, 75th, and 90th percentiles, showing how consistent tax bills are across the area. Compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%, Grand Island homeowners pay slightly more than the national median. This can make property taxes a meaningful part of monthly housing costs and an important factor for homeowners to watch closely.

Property Tax Bills Across Grand Island, Erie County, New York

Source: Ownwell

$111

$2,955

$5,799

Median Grand Island Tax Bill

$2,494

Median Erie County Tax Bill

$360

Median New York Tax Bill

$5,420

Median United States Tax Bill

$2,400

Property Tax Bills Across Grand Island, Erie County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
14072$2,494$2,494$2,494$2,494$2,494

Source: Ownwell

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Frequently Asked Property Tax Questions in Grand Island, New York

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