Property Tax & Income in Franklin County, New York
Franklin County has an effective property tax rate of 1.68%. On the median home value of $145,400, that's roughly $2,440 per year. Median household income is $65,151.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Franklin County | New York (state context) |
|---|---|---|
| Effective property tax rate1 | 1.68% | 2.04% |
| Median home value1 | $145,400 | — |
| State income tax3 | top rate 10.90% | top rate 10.90% |
| State sales tax3 | 8.54% combined | 8.54% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Franklin County, NY
Franklin County offers a fairly affordable entry point for buyers, with a median home value of $145,400 and an annual real-estate tax bill around $2,440. That works out to an effective rate of 1.678%, which sits below New York's statewide median of 2.040% and ranks 46th among the state's 62 counties. Compared with the national median of 0.794%, though, the rate is still more than double. Households here earn a median of $65,151, while per-capita income is $32,684. Someone looking in Brushton or the surrounding communities would find lower purchase prices than much of New York, offset by property taxes that remain high by national standards. The combination may suit buyers prioritizing a cheaper home over the lowest possible tax rate.