Bloomingdale, Franklin County, New York Property Taxes

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

Median Bloomingdale, NY effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Bloomingdale, NY home value: $135,875
Median annual Bloomingdale, NY tax bill: $2,244, $156 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Bloomingdale, Franklin County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.71%

Estimate Property Tax Bill

$2,323

$2,156

Ownwell’s Bloomingdale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bloomingdale with just two data points. By entering your property's estimated assessed value, our calculator applies Bloomingdale’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 Bloomingdale, Franklin County, New York

Local government entities determine property tax rates, which can differ significantly across counties. This variation is due to each county's need to estimate an annual budget for services, which is then divided by the total value of taxable property within the area to establish the property tax rate. While the process involves certain votes and laws, this is essentially how tax rates are set each year. In Bloomingdale, located in Franklin County, NY, the effective property tax rate is 1.71%. This rate is higher than the national median property tax rate of 1.02% and significantly impacts property owners in the area. Comparatively, Franklin County's rate is consistent with the highest and lowest rates within the county, highlighting a uniform approach to property taxation across the region. For property owners in Bloomingdale, understanding these rates is crucial as they directly influence the annual tax bill. With the national median property tax bill at $2400, property owners in Bloomingdale can expect a higher financial obligation.

Property Tax Rates Across Bloomingdale, Franklin County, New York

Source: Ownwell

1.52%

2.28%

3.03%

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 Bloomingdale Tax Rate

1.71%

Median Effective Franklin County Tax Rate

2.45%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bloomingdale, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12913	1.71%	1.71%	1.71%	1.71%	1.71%

Source: Ownwell

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

When examining property taxes in Bloomingdale, 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. Assessment notices: In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Bloomingdale. For example, the median home price in Bloomingdale is $135,875, with tax bills ranging significantly across the county. 12913 has the highest median home price at $135,875.

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

Source: Ownwell

$42,262

$149,833

$257,404

Median Bloomingdale Market Value

$135,875

Median Franklin County Market Value

$100,730

Median New York Market Value

$255,644

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12913	$17,275	$31,438	$135,875	$239,906	$324,362

Source: Ownwell

Property Tax Bills Across Bloomingdale, Franklin County, New York

In Bloomingdale, located in Franklin County, NY, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, property size, and improvements made to the property. Homeowners in Bloomingdale face tax bills that can vary significantly, with 25% of residents paying around $535, while those in the 75th percentile see bills closer to $4,068. Interestingly, the median tax bill is $2,244, aligning closely with the national median of $2,400. This can place a considerable financial burden on homeowners, especially those whose assessed values increase due to market trends or property improvements. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax liabilities. Our expertise in analyzing property assessments and identifying discrepancies or opportunities for exemptions can result in significant savings, ensuring homeowners pay only their fair share.

Property Tax Bills Across Bloomingdale, Franklin County, New York

Source: Ownwell

$1,268

$2,683

$4,098

Median Bloomingdale Tax Bill

$2,244

Median Franklin County Tax Bill

$2,460

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Bloomingdale, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12913	$293	$535	$2,244	$4,068	$5,506

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Franklin Assessment Review Commission
Website	maps.dancgis.org