Franklin County Property Taxes

Franklin County, New York

Effective Tax Rate

0.00%

48.7% below state avg

Median Annual Tax

$0

$202/mo escrow

#20 of 62 counties in New York

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.88%

vs. New York Avg48.7% below
vs. National Avg10.1% below

At a Glance

Median Home Value

$128,600

State avg $267,155

Tax w/ Mortgage/yr

$2,780

$232/mo escrow

Tax w/o Mortgage/yr

$2,134

$178/mo

State Tax Rate Rank

#20

of 62 counties (1 = lowest)

Data Story

About Property Taxes in Franklin County, New York

Franklin's tax rate beats national average

At 1.88%, Franklin County's effective tax rate sits well below the national median of 2.13%, placing it in the lower third nationally. This means Franklin homeowners pay less in property taxes relative to home value than most Americans—a significant advantage for affordability.

Below average among New York counties

Franklin ranks among the lower-taxed counties in New York, with an effective rate of 1.88% compared to the state average of 2.046%. This positions Franklin favorably within a state known for relatively high property taxes.

More affordable than most regional peers

Franklin's 1.88% rate outperforms neighboring Fulton County (2.13%) and Genesee County (2.51%), making it one of the region's more tax-friendly options. Only Hamilton County (0.98%) beats Franklin's rate in the immediate area.

Typical homeowner pays $2,418 annually

The median home in Franklin County costs $128,600 and carries an estimated annual property tax of $2,418. With mortgage-related exemptions, some homeowners pay closer to $2,134, while others may pay $2,780.

Your assessment may be too high

Many homeowners in Franklin County are paying more than they should due to inaccurate assessments. Reviewing your assessment and filing an appeal if your home's value has declined is a straightforward way to reduce your annual tax bill.

How Franklin County Compares

Median Annual Property Tax

Franklin County$2,418
New York State Average$4,709
National Average$1,924

Franklin County

1.88%

Effective rate

New York Avg

1.76%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Franklin County, New York?
The effective property tax rate in Franklin County, New York is 1.88%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Franklin County?
The median annual property tax payment in Franklin County is $2,418. Homeowners with a mortgage pay a median of $2,780, while those without a mortgage pay $2,134.
How does Franklin County compare to the New York average?
Franklin County's effective tax rate of 1.88% is higher than the New York state average of 1.76%. The median annual property tax in Franklin County is $2,418, compared to the state average of $4,709.
What is the median home value in Franklin County, New York?
The median home value in Franklin County, New York is $128,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Franklin County property tax rate higher than the New York average?
Franklin County's effective property tax rate of 1.88% is higher than the New York average of 1.76%. This difference of 0.12% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Franklin County rank for property taxes in New York?
Franklin County ranks #20 out of 62 counties in New York by effective property tax rate (1 = lowest). With a rate of 1.88% and median annual tax of $2,418, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in New York

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.