North Bangor, Franklin County, New York Property Taxes

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

Median North Bangor, NY effective property tax rate: 2.47%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median North Bangor, NY home value: $82,222. Median annual North Bangor, NY tax bill: $2,048, $352 lower than the national median property tax bill of $2,400. How are property taxes in Franklin calculated? Property taxes in North Bangor, 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 North Bangor’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Bangor, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

North Bangor, Franklin County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.47%

Estimate Property Tax Bill

$2,031

$1,885

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

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation arises because each county annually estimates its budgetary needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the yearly process.

In North Bangor, located in Franklin County, NY, the effective property tax rate stands at 2.47%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing North Bangor's rate to other cities in New York, it remains consistent, as Franklin County's highest and lowest median tax rates are both 2.47%. This consistency highlights the uniformity in tax rates within the county. Despite being higher than the national median, these rates reflect the local government's efforts to meet budgetary requirements through property taxation.

Property Tax Rates Across North Bangor, 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 North Bangor Tax Rate

2.47%

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 North Bangor, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12966	2.42%	2.43%	2.47%	2.63%	2.66%

Source: Ownwell

Property Tax Assessment Values Across North Bangor, Franklin County, New York

When examining property taxes in North Bangor, 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 assessment office 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 North Bangor.

For example, the median home price in North Bangor is $82,222, with tax bills ranging significantly across the county. Zip code 12966 has the highest median home price at $82,222.

Property Tax Assessment Values Across North Bangor, Franklin County, New York

Source: Ownwell

$42,262

$149,833

$257,404

Median North Bangor Market Value

$82,222

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 North Bangor, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12966	$26,972	$45,624	$82,222	$120,972	$173,525

Source: Ownwell

Property Tax Bills Across North Bangor, Franklin County, New York

In North Bangor, Franklin County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $82,222, the property tax burden can vary significantly. Homeowners in this area face a median tax bill of $2,048, which aligns with the highest and lowest median tax bills for the zip code 12966. This figure is slightly below the national median property tax bill of $2,400. Factors influencing the tax bill include the property's assessed value, which reflects market conditions, and any applicable exemptions or deductions. For homeowners, understanding these factors is crucial as they directly affect the annual financial obligation. Ownwell offers assistance by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and data analysis, Ownwell helps homeowners ensure their property is fairly assessed, potentially reducing their tax burden and providing financial relief.

Property Tax Bills Across North Bangor, Franklin County, New York

Source: Ownwell

$1,268

$2,683

$4,098

Median North Bangor Tax Bill

$2,048

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 North Bangor, Franklin County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12966	$685	$1,156	$2,048	$3,024	$4,219

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Franklin Assessment Review Commission
Website	maps.dancgis.org