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Taxes in Buffalo, New York

Complete tax guide for Buffalo, NY. State income tax up to 10.9%, 2.45% property tax, 8% sales tax. Calculate your total tax burden.

State Income Tax

10.9%

New York

Property Tax

2.45%

Effective rate

Sales Tax

8%

Combined rate

Tax Burden

Very High

Buffalo, NY Tax Overview

No city income tax; high property taxes; Rust Belt revitalization

Population

278,349

Median Income

$40,927

Cost of Living

85.7 (100 = avg)

State Income Tax

10.9%

Median Home Price

$155,000

Buffalo Tax Calculator

Pre-filled with Buffalo median: $40,927

Total Tax Burden in Buffalo

$10,465

Take-Home: $30,462 · Effective Rate: 25.57%

Federal Tax

$2,873

7.02% eff.

NY State

$4,461

10.90% eff.

FICA

$3,131

7.65% eff.

Take-Home

$30,462

74.43% kept

Tax Breakdown

Take-Home 74.43%
NY
FICA
Take-Home Federal Tax NY State Tax FICA
ItemAnnualMonthly
Gross Income$40,927.00$3,410.58
Federal Income Tax-$2,872.74-$239.39
New York State Tax-$4,461.04-$371.75
Social Security (6.2%)-$2,537.47-$211.46
Medicare (1.45%)-$593.44-$49.45
Take-Home Pay$30,462.30$2,538.53

Property Tax in Buffalo

Median Home

$155,000

Annual Tax

$3,798

Monthly Tax

$316

Effective Rate

2.45%

vs. National Average (1.1%)+$2,093/yr
Median Property Tax Paid$3,798/yr

Sales Tax in Buffalo

Combined Rate

8%

State Portion

~5.5%

Local Portion

~2.5%

The combined sales tax rate in Buffalo is 8%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.00 in sales tax.

Tax Burden Comparison

Tax TypeBuffaloNew York AvgNational Avg
Income Tax10.9%10.9%4.6%
Property Tax2.45%~2.45%1.1%
Sales Tax8%~8%7.12%
Overall BurdenVery HighModerate

About Taxes in Buffalo

Buffalo has a population of approximately 278,349 residents with a median household income of $40,927. The cost of living index is 85.7 (14.3% lower than the national average of 100).

Local context: No city income tax; high property taxes; Rust Belt revitalization

Tax burden classification: Very High. Effective combined tax rate of 34.2% includes federal, state, FICA, property, and sales taxes for a typical Buffalo household.

Official Tax Resources for New York

For authoritative New York tax forms, filing deadlines, and the latest legislative updates, consult these official government resources:

Tax Saving Tips for Buffalo Residents

  • New York's income tax rate of 10.9% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Property tax in Buffalo (2.45%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,400 individual, $8,750 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Sources & Methodology

Tax rate data on this page is compiled from official government sources and updated for the 2026 tax year. Calculations follow the IRS-published 2026 federal tax brackets, FICA rates (6.2% Social Security up to $176,100 wage base, 1.45% Medicare), and New York state tax provisions. Property tax estimates use Buffalo's median home value of $155,000and the local effective property tax rate of 2.45%.

Disclaimer: Estimates are for informational purposes only. Actual tax liability depends on filing status, deductions, credits, and individual circumstances. Consult a licensed tax professional or your state revenue agency for binding tax guidance.

Reviewed by LevyIO Tax Research Team · Published 2026-01-15 · Last updated 2026-04-30

Calculate Your Full New York Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Buffalo, NY?

Buffalo, New York has a state income tax rate up to 10.9%. The property tax rate is 2.45% and the combined sales tax rate is 8%. No city income tax; high property taxes; Rust Belt revitalization

How much is property tax in Buffalo?

The effective property tax rate in Buffalo is 2.45%. On the median home price of $155,000, this equals approximately $3,798 per year or $316 per month. This is above the national average of 1.1%.

What is the sales tax rate in Buffalo?

The combined sales tax rate in Buffalo is 8%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Buffalo's tax burden compare to other cities?

Buffalo has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 34.2%. The combination of 10.9% state income tax, 2.45% property tax, and 8% sales tax determines the total burden. Cost of living index is 85.7 (100 = national average).

Are there any local taxes in Buffalo?

Buffalo does not impose a separate local or city income tax. Residents pay the state income tax of 10.9%, federal income tax, and FICA (Social Security and Medicare). No city income tax; high property taxes; Rust Belt revitalization