North Carolina · County property tax · ACS 2024
Franklin County Property Taxes
The median homeowner in Franklin County pays $1,834 a year, an effective rate of 0.65%, modestly below the U.S. average.
- $1,834
- Median tax / yr · Above-median bill
- 0.65%
- Effective rate · Below-median rate
- -8%
- vs U.S. average
- #50 of 100
- rank in NC
The verdict
Homeowners in Franklin County pay a median $1,834 a year in property tax, an effective rate of 0.65%, more affordable than 66% of U.S. counties (Census ACS 2024).
- $1,834
- Median annual tax bill, 2024
- 0.65%
- Effective rate on median home
- #1074 of 3135
- U.S. counties by tax burden
- -8%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($284,300). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for North Carolina. Population: 74,386. Owner-occupied homes: 22,420.
The median annual property tax in Franklin County is $1,834, which is 3% lower than the North Carolina state average and 8% below the national average. The effective tax rate is 0.65% on a median home value of $284,300. Property taxes represent 2.5% of the median household income in this county.
Franklin County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Franklin County's 0.65% effective rate sits near the middle of 3,135 tracked counties (more affordable than 66%).
Decision signal 2
Income and the tax bill sit in the middle band
Property taxes in Franklin County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $74,240 median household income.
Decision signal 3
The bill is near the usual comparison points
Homeowners in Franklin County pay a median annual property tax of $1,834, modestly below the national median and modestly below the North Carolina state median. On a $284,300 median home, that works out to an effective rate of 0.65% once the local assessment base and millage are combined.
Decision signal 4
Near the middle of North Carolina counties by effective rate
Franklin County ranks #50 of 100 counties in North Carolina by effective rate (50% of in-state counties pay a lower rate).
Informational notice
Figures describe the median homeowner household in Franklin County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Franklin County rose 76.0%, from $161,500 to $284,300. The effective rate fell 26.8% over the same span, a steeper move than in 95% of U.S. counties.
The median bill still rose 28.9%, to $1,834. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 29% from $1,423 to $1,834. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The fullest band here is the $800 to $1,499 range, holding 5,384 of 22,420 owner-occupied homes (24.0%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Above-median earnings meet a slightly-below-median rate, and the median bill amounts to 2.5% of median household income. That is the comfortable middle of this dataset, and comfortable middles are easy to overlook when only rankings get published.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Franklin County Homeowners Actually Pay
The single largest group of Franklin County homeowners, 5,384 of 22,420 owner-occupied homes (24.0%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 12.9% (2,887)
- $800 to $1,499 24.0% (5,384)
- $1,500 to $1,999 17.6% (3,955)
- $2,000 to $2,999 23.0% (5,152)
- $3,000 or more 19.9% (4,451)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
591 homes here (2.6%) report no real estate tax at all. Exemptions are set by state: how North Carolina handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Franklin County pay a substantially higher bill, 53% more, pointing to a wide home-value gap between the two groups.
Franklin County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Franklin County's effective rate is higher than 50% of the 100 counties in North Carolina - ranking #50 of 100.
Where Franklin County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.65% Among the most affordable more affordable than 66% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
What changed since 2020
The median bill in Franklin County moved from $1,423 in the 2020 release to $1,834 in 2024, a change of about 29%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Franklin County vs Benchmarks
| Metric | Franklin County | North Carolina Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Above-median income burden | 2.5% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Franklin County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · North Carolina counties.
Franklin County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,834 +5.9% | 0.65% |
| 2023 | $1,732 +5.9% | 0.72% |
| 2022 | $1,635 +11.6% | 0.78% |
| 2021 | $1,465 +3.0% | 0.84% |
| 2020 | $1,423 | 0.88% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Franklin County: tax-to-income at 2.5%
Counties near Franklin County's effective rate
On effective rate, Franklin County sits nearest Winston County (MS), Tate County (MS), Pearl River County (MS).
On published median-tax change, the nearest matches are Pickaway County (OH), Montgomery County (KS), Polk County (MN).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Franklin County: only 6% of returns show Schedule A real-estate tax
Tax year 2022: 2,010 of 33,760 returns from Franklin County reported real estate taxes, averaging $3,389 - 38% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in North Carolina
Franklin County rate FAQs
- What is the tax affordability score for Franklin County?
- Franklin County, North Carolina scores D (46/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is rate relief at B- (0.65%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What is the average property tax in Franklin County, North Carolina?
- The median annual property tax in Franklin County is $1,834, an effective rate of 0.65% on a $284,300 median home (Census ACS, 2024).
- Are property taxes increasing in Franklin County?
- The ACS median property-tax bill for Franklin County jumped 28.9% between the 2020 and 2024 5-year releases, from $1,423 to $1,834, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
- How does Franklin County property tax compare to the national average?
- Property taxes in Franklin County run modestly below the national median of $1,993, an effective rate of 0.65% versus 0.92% nationally.
- What percentage of income goes to property taxes in Franklin County?
- Property taxes in Franklin County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $74,240 median household income.
What to do with Franklin County's QUIET rate
At Franklin County's 0.65% effective rate, a $284,300 home implies about $1,834/yr - plug in your own assessed value rather than quoting the county median. Estimate your bill →
Franklin County ranks #50 of 100 North Carolina counties by effective rate - on the higher-burden half of the state ACS set. North Carolina overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Franklin County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.65%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,834/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Franklin County
Nearest ABS(median_tax) ACS peers for Franklin County (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Rusk County, WI
ABS(median_tax) peer · tied with Franklin County at $1,834/yr; rate 1.12% vs Franklin County 0.65%.
Houston County, GA
ABS(median_tax) peer · $1,835/yr (near-tied bill ABS $1); rate 0.83% vs Franklin County 0.65%.
Garrett County, MD
ABS(median_tax) peer · $1,836/yr (near-tied bill ABS $2); rate 0.78% vs Franklin County 0.65%.
Decatur County, IA
ABS(median_tax) peer · $1,831/yr (near-tied bill ABS $3); rate 1.61% vs Franklin County 0.65%.
North Carolina county set
State ACS overview for every published North Carolina county rate and median bill.
Assessment cycle basics
Franklin County stamps QUIET · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. 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.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Franklin County (QUIET · MID) - ACS medians, not a parcel bill.