14744 Property Tax Rate

Property owners in ZIP code 14744 (Houghton, New York) pay a median of $3,856/year in property taxes on homes valued at $146,100. This translates to an effective tax rate of 2.64%, which is 43% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 14744 is approximately $321, which factors into escrow payments on mortgages. This ZIP code is located within Allegany County. This is $1,396 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 14744 has lower property taxes. ZIP codes with similar effective rates include 14225 (2.64%) and 14814 (2.64%).

In Houghton, property taxes represent approximately 4.7% of the median household income of $82,500, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Allegany County towns conduct reassessments on local schedules, typically every 5–6 years. Allegany County primary homebuyers with household income under $500,000 must apply for STAR (School Tax Relief), which exempts a portion of assessed value from school taxes and saves $150–$400/year on lower-value properties. Contact the Allegany County Assessor's office by February to file your STAR application before the March 1 deadline.