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New York · County property tax · ACS 2024

Allegany County Property Taxes

The median homeowner in Allegany County pays $2,968 a year, an effective rate of 2.92%, well above the U.S. average.

$2,968
Median tax / yr · High bill
2.92%
Effective rate · Highest-decile rate
+49%
vs U.S. average
#1 of 62
rank in NY

The verdict

Homeowners in Allegany County pay a median $2,968 a year in property tax, an effective rate of 2.92%, more affordable than 0% of U.S. counties (Census ACS 2024).

$2,968
Median annual tax bill, 2024
2.92%
Effective rate on median home
#3133 of 3135
U.S. counties by tax burden
+49%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($101,700). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for New York. Population: 47,159. Owner-occupied homes: 14,038.

The median annual property tax in Allegany County is $2,968, which is 55% lower than the New York state average and 49% above the national average. The effective tax rate is 2.92% on a median home value of $101,700. Property taxes represent 4.7% of the median household income in this county.

Allegany County's rate standing among U.S. counties

Primary signal

The effective rate is a national headwind

Allegany County's 2.92% effective rate is among the highest of 3,135 tracked counties: only about 100% pay more.

Decision signal 2

The bill sits well above the national median

Homeowners in Allegany County pay a median annual property tax of $2,968, well above the national median and far below the New York state median. On a $101,700 median home, that works out to an effective rate of 2.92% once the local assessment base and millage are combined.

Decision signal 3

Low among New York counties by effective rate

Allegany County ranks #1 of 62 counties in New York by effective rate (98% of in-state counties pay a lower rate).

Decision signal 4

Income and the tax bill sit in the middle band

Property taxes in Allegany County run a bit above the commonly cited 2%-4% national benchmark, at about 4.7% of the $62,869 median household income.

Informational notice

Figures describe the median homeowner household in Allegany County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

Most of the market's rise reached the bill

The effective rate here moved 11.1% down between 2020 and 2024, a smaller shift than in 55% of U.S. counties. With the median home value rose 29.7%, the median bill rose 15.3% to $2,968: the rate did comparatively little to offset the market.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$2,968
High bill
-55% vs State +49% vs US
Median Home Value
$101,700
-76% vs State -55% vs US
Effective Tax Rate
2.92%
Highest-decile rate
+88% vs State +217% vs US

How to read this county's bill

Bills rose across 2020-2024, from $2,574 to $2,968, a gain of 15%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.

The heaviest band is also the fullest one here: 6,621 of 14,038 owner-occupied homes (47.2%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

A top-quartile rate meets below-median earnings here, and the median bill reaches 4.7% of median household income. A rate ranking places this county by the rate alone; the ratio above is the figure that accounts for what is earned here.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Allegany County Homeowners Actually Pay

The single largest group of Allegany County homeowners, 6,621 of 14,038 owner-occupied homes (47.2%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 6.2% (866)
  • $800 to $1,499 12.1% (1,693)
  • $1,500 to $1,999 10.9% (1,533)
  • $2,000 to $2,999 19.2% (2,700)
  • $3,000 or more 47.2% (6,621)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

625 homes here (4.5%) report no real estate tax at all. Exemptions are set by state: how New York handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$3,474
$290/mo
Without Mortgage
$2,632
$219/mo

Mortgaged homeowners in Allegany County pay a substantially higher bill, 32% more, pointing to a wide home-value gap between the two groups.

Allegany County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Allegany County 2.92%
New York average 1.55%
U.S. average 0.92%

Allegany County's effective rate is higher than 98% of the 62 counties in New York - ranking #1 of 62.

Where Allegany County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

2.92% more affordable than 0% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2024

A high rate, a smaller bill

Allegany County taxes property at 2.92%, about 88% above the New York average, yet its median bill of $2,968 lands roughly 55% below it. The effective rate is the bill divided by the home's value, so a county can only sit on opposite sides of the state average this way when its homes are worth materially less than the state norm. The rate is the policy; the bill is what the housing market does with it.

Allegany County vs Benchmarks

Metric Allegany County New York Avg U.S. Avg
Median Annual Tax High bill $2,968 $6,582 $1,993
Effective Tax Rate Highest-decile rate 2.92% 1.55% 0.92%
Median Home Value $101,700 $423,800 $227,791
Tax as % of income Highest-decile income burden 4.7% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Allegany County's PEAK · MID lane - is an appeal worth running?

On Allegany County's published figures (PEAK · MID), a $101,700 median home carries a $2,968 median bill, so every 10% off an assessed value is worth about $297 a year at the same rate. Appeal Savings Estimator · appeal guide for New York.

Allegany County rate trail · PEAK

$2,500$2,600$2,700$2,800$2,900$3,000 20202021202220232024 $2,968
Allegany County ACS median tax 2020–2024: +15% ($2,574 → $2,968).
Year Median Tax (vs prior release) Effective Rate
2024 $2,968 +3.0% 2.92%
2023 $2,881 +2.4% 2.94%
2022 $2,814 +7.9% 3.02%
2021 $2,607 +1.3% 3.22%
2020 $2,574 3.28%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Allegany County: tax takes 4.7% of income

Tax-to-Income Ratio
4.7%
of median household income
Median Income
$62,869
per year
Monthly Tax
$247
per month

Counties near Allegany County's effective rate

On effective rate, Allegany County sits nearest Salem County (NJ), Camden County (NJ), Gloucester County (NJ).

On published median-tax change, the nearest matches are Hampton city (VA), Pershing County (NV), Wasco County (OR).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Allegany County: only 2% of returns show Schedule A real-estate tax

Tax year 2022: 300 of 18,600 returns from Allegany County reported real estate taxes, averaging $6,513 - 37% of those reporters sat in the $100-200k AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in New York

View all counties in New York →

Allegany County rate FAQs

How does Allegany County property tax compare to the national average?
Property taxes in Allegany County run well above the national median of $1,993, an effective rate of 2.92% versus 0.92% nationally.
What is the tax affordability score for Allegany County?
Allegany County, New York scores F (17/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is housing pressure at A+ (1.62×). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
What is the average property tax in Allegany County, New York?
The median annual property tax in Allegany County is $2,968, an effective rate of 2.92% on a $101,700 median home (Census ACS, 2024).
What percentage of income goes to property taxes in Allegany County?
Property taxes in Allegany County run a bit above the commonly cited 2%-4% national benchmark, at about 4.7% of the $62,869 median household income.
Are property taxes increasing in Allegany County?
The ACS median property-tax bill for Allegany County climbed 15.3% between the 2020 and 2024 5-year releases, from $2,574 to $2,968, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.

What to do with Allegany County's PEAK rate

Allegany County's $2,968 median bill sits well above the U.S. median - size a personal estimate before treating the county headline as your budget. Estimate your bill →

Allegany County ranks #1 of 62 New York counties by effective rate - on the higher-burden half of the state ACS set. New York overview →

Nationwide peers by effective rate (then bill)

Rate-first peers for Allegany County's PEAK effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 2.92%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $2,968/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Allegany County

Nearest ABS(median_tax) ACS peers for Allegany County (PEAK · MID), replacing the old fixed Keep exploring strip.

PEAK MID

Data vintage and method

Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.

Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Allegany County (PEAK · MID) - ACS medians, not a parcel bill.