Allegany County, New York has a 2026 one-unit conforming loan limit of $832,750, which is 8.2 times the county's median home value of $101,700, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $62,869 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $101,700 |
| New York median home value | $423,800 |
| Limit ÷ median home value | 8.19× |
| Median household income | $62,869 |
| Median home value ÷ income | 1.6× |
| Population | 47,159 |
| Median property tax paid (owners) | $2,968 |
| Effective property tax rate (approx.) | 2.92% |
| Owner-occupied homes | 79.3% |
| Home value rank in New York | 62 of 62 counties |
| Neighbor: Cattaraugus County, NY | limit $832,750; median home $113,100 |
| Neighbor: Livingston County, NY | limit $832,750; median home $174,600 |
| Neighbor: Steuben County, NY | limit $832,750; median home $137,900 |
| Neighbor: Wyoming County, NY | limit $832,750; median home $162,300 |
| Neighbor: Mckean County, PA | limit $832,750; median home $104,500 |
| Neighbor: Potter County, PA | limit $832,750; median home $153,100 |
Across New York's 62 counties, FHFA's 2026 one-unit limits range from $832,750 to $1,209,750, with 10 high-cost counties. Allegany County's median home value is 76% below the state median of $423,800 (rank 62 of 62). Among its 6 neighboring counties, Livingston County has the highest median home value ($174,600) and Mckean County the lowest ($104,500); all share the same loan limit. Owners pay a median $2,968 a year in property tax, an effective rate of about 2.92% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Allamakee County, IA
- 2026 conforming loan limit: Allegan County, MI
- 2026 conforming loan limit: Allegany County, MD
- 2026 conforming loan limit: Alleghany County, NC
- 2026 conforming loan limit: Alleghany County, VA
- 2026 conforming loan limit: Allegheny County, PA
- 2026 conforming loan limit: Allen County, IN
- 2026 conforming loan limit: Allen County, KS
Last updated 2026-10-16. Data only, not financial or tax advice.