New York · County property tax · ACS 2024
Franklin County Property Taxes
The median homeowner in Franklin County pays $2,440 a year, an effective rate of 1.68%, notably higher than the U.S. average.
- $2,440
- Median tax / yr · Above-median bill
- 1.68%
- Effective rate · Highest-decile rate
- +22%
- vs U.S. average
- #47 of 62
- rank in NY
The verdict
Homeowners in Franklin County pay a median $2,440 a year in property tax, an effective rate of 1.68%, more affordable than 6% of U.S. counties (Census ACS 2024).
- $2,440
- Median annual tax bill, 2024
- 1.68%
- Effective rate on median home
- #2936 of 3135
- U.S. counties by tax burden
- +22%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($145,400). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for New York. Population: 46,696. Owner-occupied homes: 14,151.
The median annual property tax in Franklin County is $2,440, which is 63% lower than the New York state average and 22% above the national average. The effective tax rate is 1.68% on a median home value of $145,400. Property taxes represent 3.7% of the median household income in this county.
Franklin County's rate standing among U.S. counties
Primary signal
The effective rate is a national headwind
Franklin County's 1.68% effective rate is among the highest of 3,135 tracked counties: only about 94% pay more.
Decision signal 2
The bill sits below the New York median
Homeowners in Franklin County pay a median annual property tax of $2,440, notably higher than the national median and far below the New York state median. On a $145,400 median home, that works out to an effective rate of 1.68% once the local assessment base and millage are combined.
Decision signal 3
High among New York counties by effective rate
Franklin County ranks #47 of 62 counties in New York by effective rate (24% of in-state counties pay a lower rate).
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Franklin County run within the commonly cited 2%-4% national benchmark, at about 3.7% of the $65,151 median household income.
Informational notice
Figures describe the median homeowner household in Franklin 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.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Franklin County rose 31.5%, from $110,600 to $145,400. The effective rate fell 17.9% over the same span, a steeper move than in 76% of U.S. counties.
The median bill still rose 7.9%, to $2,440. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
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.
How to read this county's bill
Very little moved here between 2020 and 2024: the typical bill went from $2,262 to $2,440, a change of 8%. The comparison describes county-level medians only; individual assessments and bills can differ.
The heaviest band is also the fullest one here: 4,974 of 14,151 owner-occupied homes (35.1%) 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 3.7% 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 Franklin County Homeowners Actually Pay
The single largest group of Franklin County homeowners, 4,974 of 14,151 owner-occupied homes (35.1%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 8.9% (1,263)
- $800 to $1,499 15.7% (2,227)
- $1,500 to $1,999 12.8% (1,805)
- $2,000 to $2,999 18.9% (2,679)
- $3,000 or more 35.1% (4,974)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
1,203 homes here (8.5%) report no real estate tax at all. Exemptions are set by state: how New York handles assessments and appeals.
With vs Without Mortgage
In Franklin County, mortgaged homeowners pay 28% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.
Franklin County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Franklin County's effective rate is higher than 24% of the 62 counties in New York - ranking #47 of 62.
Where Franklin County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
1.68% more affordable than 6% of 3,135 U.S. counties
Show national distribution
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
Among the highest-taxed counties in the country
At 1.68%, Franklin County sits in the top 6% of all U.S. counties by effective property-tax rate. That is the rate, not the bill: a high rate on a modest home can still produce a smaller cheque than a low rate on an expensive one, which is why the $2,440 median bill is the number to compare against another county.
Franklin County vs Benchmarks
| Metric | Franklin County | New York Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Highest-decile rate | |||
| Median Home Value | |||
| Tax as % of income Heavy income burden | 3.7% | - | - |
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.
Franklin County's STEEP · MID lane - is an appeal worth running?
On Franklin County's published figures (STEEP · MID), a $145,400 median home carries a $2,440 median bill, so every 10% off an assessed value is worth about $244 a year at the same rate. Appeal Savings Estimator · appeal guide for New York.
Franklin County rate trail · STEEP
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $2,440 +0.9% | 1.68% |
| 2023 | $2,418 +2.0% | 1.88% |
| 2022 | $2,370 +3.9% | 1.80% |
| 2021 | $2,282 +0.9% | 1.92% |
| 2020 | $2,262 | 2.05% |
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.
Franklin County: tax-to-income at 3.7%
Counties near Franklin County's effective rate
On effective rate, Franklin County sits nearest Barton County (KS), Polk County (IA), Montgomery County (IL).
On published median-tax change, the nearest matches are Ketchikan Gateway Borough (AK), Monroe County (WI), Pope County (IL).
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.
Similar effective rates
Similar published median-tax changes, 2020–2024
Franklin County: only 2% of returns show Schedule A real-estate tax
Tax year 2022: 390 of 20,190 returns from Franklin County reported real estate taxes, averaging $8,069 - 36% 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
Franklin County rate FAQs
- How does Franklin County property tax compare to the national average?
- Property taxes in Franklin County run notably higher than the national median of $1,993, an effective rate of 1.68% versus 0.92% nationally.
- What is the tax affordability score for Franklin County?
- Franklin County, New York scores F (23/100) 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- (2.23×). 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 Franklin County, New York?
- The median annual property tax in Franklin County is $2,440, an effective rate of 1.68% on a $145,400 median home (Census ACS, 2024).
- What percentage of income goes to property taxes in Franklin County?
- Property taxes in Franklin County run within the commonly cited 2%-4% national benchmark, at about 3.7% of the $65,151 median household income.
- Are property taxes increasing in Franklin County?
- The ACS median property-tax bill for Franklin County ticked up 7.9% between the 2020 and 2024 5-year releases, from $2,262 to $2,440, 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 Franklin County's STEEP rate
Inside New York, Franklin County's $2,440 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. New York overview →
Franklin County ranks #47 of 62 New York counties by effective rate - on the lower-burden half of the state ACS set. New York overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Franklin County's STEEP 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: 1.68%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $2,440/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Franklin County
Nearest ABS(median_tax) ACS peers for Franklin County (STEEP · MID), replacing the old fixed Keep exploring strip.
STEEP MID
Thomas County, KS
ABS(median_tax) peer · tied with Franklin County at $2,440/yr; rate 1.41% vs Franklin County 1.68%.
Weld County, CO
ABS(median_tax) peer · tied with Franklin County at $2,440/yr; rate 0.52% vs Franklin County 1.68%.
Bandera County, TX
ABS(median_tax) peer · $2,438/yr (near-tied bill ABS $2); rate 0.88% vs Franklin County 1.68%.
Fulton County, OH
ABS(median_tax) peer · $2,444/yr (near-tied bill ABS $4); rate 1.28% vs Franklin County 1.68%.
New York county set
State ACS overview for every published New York county rate and median bill.
Appeal filing windows
Franklin County stamps STEEP · MID - review notice deadlines before quoting the ACS median.
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 Franklin County (STEEP · MID) - ACS medians, not a parcel bill.