Property Taxes in Niagara Falls, New York
Median Niagara Falls, New York effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Niagara Falls, New York home value: $120,000
Median annual Niagara Falls, New York tax bill: $2,010, lower than the national median property tax bill of $2,400.
How are property taxes in Niagara County calculated?
Property taxes in Niagara Falls, 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 Niagara Falls's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Niagara Falls, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Niagara Falls Property Tax Calculator Work?
Use this Niagara Falls property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Niagara Falls' median effective tax rate of 1.94% — based on actual property records in Niagara 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 Niagara Falls' 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 Niagara Falls: rates range from $1,400.00 in 14303 to $2,739.00 in 14304, 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 Niagara Falls.
About Niagara Falls Property Taxes
About Property Taxes in Niagara Falls, Niagara, New York
Niagara Falls’s median effective property tax rate of 1.94% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Niagara 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 Niagara Falls. Homeowners in the 14304 ZIP code carry a median effective rate of 1.96%, while those in 14301 pay 1.94%. This spread — 0.02 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Niagara County. Understanding which part of Niagara Falls you live in can make a meaningful difference to your annual tax bill.
Niagara Falls 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 Niagara Falls, Niagara 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 Niagara Falls'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 ÷ 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 Niagara Falls Tax Rate
1.94%
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 Niagara County Tax Rate
2.13%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Niagara Falls, Niagara County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14301 | 0.97% | 1.45% | 1.94% | 2.05% | 2.62% |
| 14303 | 0.97% | 1.46% | 1.94% | 2.20% | 2.99% |
| 14304 | 0.97% | 1.47% | 1.96% | 2.26% | 2.31% |
| 14305 | 0.97% | 1.46% | 1.94% | 2.22% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Niagara Falls, Niagara County, New York
When examining property taxes in Niagara Falls, 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 Niagara 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 May.
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 Niagara Falls is $120,000, with tax bills ranging significantly across the county. ZIP code 14304 has the highest median home price at $148,000, while ZIP code 14303 has the lowest median tax bill at $1,400. The median tax bill is $2,010, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Niagara Falls, Niagara County, New York
Source: Ownwell
$77,400
$177,475
$277,550
Median Niagara Falls Market Value
$120,000
Median Niagara County Market Value
$190,700
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Niagara Falls, Niagara County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14301 | $46,460 | $64,000 | $84,000 | $105,800 | $128,000 |
| 14303 | $44,200 | $60,000 | $77,400 | $93,400 | $108,000 |
| 14304 | $98,000 | $124,000 | $148,000 | $238,825 | $341,310 |
| 14305 | $39,000 | $64,000 | $106,000 | $148,500 | $221,490 |
Source: Ownwell
Property Tax Bills Across Niagara Falls, Niagara County, New York
Property tax bills in Niagara Falls are based on the assessed value of a home and the local tax rate set for Niagara County and other taxing authorities. When a property’s market value is assessed, that value is used to calculate the bill, so homes with higher assessed values generally owe more. The tax bill is also shaped by exemptions and any changes in local rates, which can raise or lower what a homeowner pays.
For many homeowners, the size of the bill can vary widely even within the same city. The median home price is $120,000, and tax bills range from $1,275 at the 25th percentile to $3,154 at the 75th percentile, with the 90th percentile reaching $5,962. The highest median tax bill is $2,739 in ZIP code 14304, while the lowest median tax bill is $1,400 in ZIP code 14303. These differences show how property taxes can affect affordability and monthly housing costs.
Median Niagara Falls Tax Bill
$2,010
Median Niagara County Tax Bill
$3,879
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Niagara Falls, Niagara County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14301 | $664 | $1,008 | $1,461 | $1,983 | $2,549 |
| 14303 | $581 | $926 | $1,400 | $1,867 | $2,357 |
| 14304 | $1,229 | $1,825 | $2,739 | $5,151 | $7,537 |
| 14305 | $602 | $1,040 | $1,833 | $2,812 | $4,256 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Niagara Assessment Review Commission | |
| Website | niagaracounty.prosgar.com |