Chateaugay, Franklin County, New York Property Taxes
Median Chateaugay, NY effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Chateaugay, NY home value: $101,449
Median annual Chateaugay, NY tax bill: $2,173, $227 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Chateaugay, 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 Chateaugay’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chateaugay, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chateaugay, Franklin County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.04%
Estimate Property Tax Bill
$2,070
$1,920
Property Tax Rates Across Chateaugay, Franklin County, New York
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Chateaugay in Franklin County, NY, showcases a property tax rate that reflects the county's budgetary needs and property values. Compared to the national median property tax rate of 1.02%, Chateaugay's rate is notably higher. This is a common trend in New York, where property tax rates often exceed the national average. The effective property tax rate in Chateaugay can be contrasted with other cities in New York and the median property tax rates in both New York and the U.S. Such comparisons highlight the variability in property tax rates across different regions and the importance of understanding local tax dynamics. For property owners, this underscores the potential benefits of exploring property tax appeal and exemption services to ensure fair taxation.
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 Chateaugay Tax Rate
2.04%
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 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 Chateaugay, Franklin County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12920 | 1.95% | 1.95% | 2.04% | 2.39% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Chateaugay, Franklin County, New York
When examining property taxes in Chateaugay, 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 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 Chateaugay. For example, the median home price in Chateaugay is $101,449, with tax bills ranging significantly across the county. 12920 has the highest median home price at $101,449.
Property Tax Assessment Values Across Chateaugay, Franklin County, New York
Source: Ownwell
$42,262
$149,833
$257,404
Median Chateaugay Market Value
$101,449
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 Chateaugay, Franklin County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12920 | $32,809 | $62,174 | $101,449 | $143,560 | $208,328 |
Source: Ownwell
Property Tax Bills Across Chateaugay, Franklin County, New York
Median Chateaugay Tax Bill
$2,173
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 Chateaugay, Franklin County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12920 | $683 | $1,311 | $2,173 | $3,002 | $4,270 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Franklin Assessment Review Commission | |
| Website | maps.dancgis.org |