Franklin County, Idaho Property Taxes
Census Bureau ACS property tax data for Idaho. Population: 3,662.
The median annual property tax in Franklin County is $1,512, which is 1% lower than the Idaho state average and 21% below the national average. The effective tax rate is 0.50% on a median home value of $304,000. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$1,512
-1% vs State
-21% vs US
Median Home Value
$304,000
-3% vs State
+44% vs US
Effective Tax Rate
0.50%
-2% vs State
-47% vs US
With vs Without Mortgage
With Mortgage
$1,484
$124/mo
Without Mortgage
$1,553
$129/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,512 +4.1% | 0.50% |
| 2022 | $1,453 +11.9% | 0.54% |
| 2021 | $1,299 +1.5% | 0.56% |
| 2020 | $1,280 +2.2% | 0.58% |
| 2019 | $1,253 | 0.59% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$65,991
per year
Monthly Tax
$126
per month
Other Counties in Idaho
Clark County
Tax: $592/yr Rate: 0.29%
Idaho County
Tax: $974/yr Rate: 0.34%
Adams County
Tax: $1,351/yr Rate: 0.41%
Caribou County
Tax: $1,330/yr Rate: 0.60%
Jerome County
Tax: $1,623/yr Rate: 0.64%
Canyon County
Tax: $1,996/yr Rate: 0.57%
Frequently Asked Questions
What is the average property tax in Franklin County, Idaho? ▼
The median annual property tax in Franklin County is $1,512 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.50% on a median home value of $304,000.
How does Franklin County property tax compare to the national average? ▼
Property taxes in Franklin County are 21% below the national average of $1,923. The effective rate of 0.50% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Franklin County? ▼
In Franklin County, homeowners with a mortgage pay a median of $1,484 in annual property taxes, while homeowners without a mortgage pay $1,553. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Franklin County? ▼
Property taxes in Franklin County represent approximately 2.3% of the median household income of $65,991. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.