Franklin County, New York Property Taxes
Census Bureau ACS property tax data for New York. Population: 13,692.
The median annual property tax in Franklin County is $2,418, which is 49% lower than the New York state average and 26% above the national average. The effective tax rate is 1.88% on a median home value of $128,600. Property taxes represent 3.8% of the median household income in this county.
Median Annual Tax
$2,418
-49% vs State
+26% vs US
Median Home Value
$128,600
-52% vs State
-39% vs US
Effective Tax Rate
1.88%
-8% vs State
+98% vs US
With vs Without Mortgage
With Mortgage
$2,780
$232/mo
Without Mortgage
$2,134
$178/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,418 +2.0% | 1.88% |
| 2022 | $2,370 +3.9% | 1.80% |
| 2021 | $2,282 +0.9% | 1.92% |
| 2020 | $2,262 -0.8% | 2.05% |
| 2019 | $2,281 | 2.10% |
Tax Burden
Tax-to-Income Ratio
3.8%
of median household income
Median Income
$63,747
per year
Monthly Tax
$202
per month
Other Counties in New York
Onondaga County
Tax: $4,805/yr Rate: 2.59%
Ontario County
Tax: $4,460/yr Rate: 2.20%
Schenectady County
Tax: $5,486/yr Rate: 2.46%
Richmond County
Tax: $6,074/yr Rate: 0.92%
Schoharie County
Tax: $3,977/yr Rate: 2.19%
Queens County
Tax: $6,130/yr Rate: 0.88%
Frequently Asked Questions
What is the average property tax in Franklin County, New York? ▼
The median annual property tax in Franklin County is $2,418 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.88% on a median home value of $128,600.
How does Franklin County property tax compare to the national average? ▼
Property taxes in Franklin County are 26% above the national average of $1,923. The effective rate of 1.88% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Franklin County? ▼
In Franklin County, homeowners with a mortgage pay a median of $2,780 in annual property taxes, while homeowners without a mortgage pay $2,134. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Franklin County? ▼
Property taxes in Franklin County represent approximately 3.8% of the median household income of $63,747. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.