Brainardsville, Franklin County, New York Property Taxes

Name: Property Tax Bills Across Brainardsville, Franklin County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Brainardsville, NY effective property tax rate: 2.78%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Brainardsville, NY home value: $66,046
Median annual Brainardsville, NY tax bill: $1,834, $566 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

Property taxes in Brainardsville, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Brainardsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brainardsville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Brainardsville, Franklin County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.36%

Estimate Property Tax Bill

$1,276

$1,184

Ownwell’s Brainardsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brainardsville with just two data points. By entering your property's estimated assessed value, our calculator applies Brainardsville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Franklin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Brainardsville, Franklin County, New York

Local government entities determine tax rates, which can differ significantly across a state. This variation occurs because each county annually calculates its budgetary needs for public services and divides this by the total assessed value of all taxable properties within its borders. This calculation establishes the property tax rate. Although setting these rates and budgets involves votes and regulations, this is essentially the yearly process.

In Brainardsville, located in Franklin County, the effective property tax rate is a critical figure for property owners. Comparing this rate to other cities in New York and the national median provides valuable insight. New York's median property tax rate is notably higher than the national median of 1.02%. This difference can impact homeowners' financial planning and property investment decisions. Understanding these variations is essential for property owners looking to manage their tax liabilities effectively. By staying informed about local and state tax rates, property owners can make more strategic decisions regarding their properties in Brainardsville and beyond.

Property Tax Rates Across Brainardsville, Franklin County, New York

Source: Ownwell

1.19%

1.82%

2.45%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Brainardsville Tax Rate

2.36%

Median Effective Franklin County Tax Rate

1.90%

Median Effective New York Tax Rate

1.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Brainardsville, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12915	1.76%	2.13%	2.36%	3.00%	3.95%

Source: Ownwell

Property Tax Assessment Values Across Brainardsville, Franklin County, New York

When examining property taxes in Brainardsville, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Franklin County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Brainardsville.

For example, the median home price in Brainardsville is $66,046, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Brainardsville, Franklin County, New York

Source: Ownwell

$50,985

$188,993

$327,000

Median Brainardsville Market Value

$54,079

Median Franklin County Market Value

$128,525

Median New York Market Value

$312,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Brainardsville, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12915	$10,000	$26,842	$54,079	$86,908	$110,000

Source: Ownwell

Property Tax Bills Across Brainardsville, Franklin County, New York

In Brainardsville, located in Franklin County, NY, property tax bills are determined based on the assessed value of a home, with the local tax rate applied to this value. The median home price in this area is $66,046, and homeowners can expect property tax bills to vary significantly. For instance, tax bills at the 25th percentile are around $1,362, while those at the 75th and 90th percentiles rise to $2,169 and $2,859, respectively. These figures indicate that property taxes in Brainardsville can be a considerable expense for homeowners, especially when compared to the national median property tax bill of $2,400. Factors influencing the tax bill include changes in assessed property values and adjustments in local tax rates. Homeowners in Brainardsville can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing property assessments and identifying potential inaccuracies, Ownwell helps homeowners potentially lower their tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Brainardsville, Franklin County, New York

Source: Ownwell

$1,047

$2,684

$4,320

Median Brainardsville Tax Bill

$1,047

Median Franklin County Tax Bill

$2,503

Median New York Tax Bill

$5,420

Median United States Tax Bill

$2,400

Property Tax Bills Across Brainardsville, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12915	$306	$877	$1,047	$1,803	$2,120

Source: Ownwell

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Dates

Links
Franklin Assessment Review Commission
Website	maps.dancgis.org