Nebraska · County property tax · ACS 2024
Franklin County Property Taxes
The median homeowner in Franklin County pays $1,221 a year, an effective rate of 1.28%, well below the U.S. average.
- $1,221
- Median tax / yr · Below-median bill
- 1.28%
- Effective rate · High rate
- -39%
- vs U.S. average
- #46 of 93
- rank in NE
The verdict
Homeowners in Franklin County pay a median $1,221 a year in property tax, an effective rate of 1.28%, more affordable than 20% of U.S. counties (Census ACS 2024).
- $1,221
- Median annual tax bill, 2024
- 1.28%
- Effective rate on median home
- #2519 of 3135
- U.S. counties by tax burden
- -39%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($95,600). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Nebraska. Population: 2,846. Owner-occupied homes: 1,076.
The median annual property tax in Franklin County is $1,221, which is 66% lower than the Nebraska state average and 39% below the national average. The effective tax rate is 1.28% on a median home value of $95,600. Property taxes represent 2.0% 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 1.28% effective rate sits near the middle of 3,135 tracked counties (more affordable than 20%).
Decision signal 2
The bill sits well below the national median
Homeowners in Franklin County pay a median annual property tax of $1,221, well below the national median and far below the Nebraska state median. On a $95,600 median home, that works out to an effective rate of 1.28% once the local assessment base and millage are combined.
Decision signal 3
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 2.0% of the $60,195 median household income.
Decision signal 4
Near the middle of Nebraska counties by effective rate
Franklin County ranks #46 of 93 counties in Nebraska by effective rate (51% 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 held while the market moved
Franklin County sits in the quarter of U.S. counties whose effective rate moved least over this span: 3.4% down, against a median home value that rose 24.0%.
A near-steady rate on a moving market passes that movement straight through: the median bill rose 19.8%, from $1,019 to $1,221.
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
Bills rose across 2020-2024, from $1,019 to $1,221, a gain of 20%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The largest reported group here falls at the bottom of the national range: 316 of 1,076 owner-occupied homes (29.4%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.
A top-quartile rate meets below-median earnings here, and the median bill reaches 2.0% of median household income. A rate ranking places this county by the rate alone; the ratio above is the figure that accounts for what is earned here.
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, 316 of 1,076 owner-occupied homes (29.4%), pays less than $800 a year. The median is one point in this spread, not a typical bill.
- Less than $800 29.4% (316)
- $800 to $1,499 28.3% (305)
- $1,500 to $1,999 11.4% (123)
- $2,000 to $2,999 8.7% (94)
- $3,000 or more 17.0% (183)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
55 homes here (5.1%) report no real estate tax at all. Exemptions are set by state: how Nebraska handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Franklin County pay a substantially higher bill, 37% 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 51% of the 93 counties in Nebraska - ranking #46 of 93.
Where Franklin County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
1.28% more affordable than 20% 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
Franklin County vs Benchmarks
| Metric | Franklin County | Nebraska Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate High rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 2.0% | - | - |
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 PAR · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Nebraska counties.
Franklin County rate trail · PAR
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,221 +8.7% | 1.28% |
| 2023 | $1,123 -9.7% | 1.13% |
| 2022 | $1,244 +16.3% | 1.30% |
| 2021 | $1,070 +5.0% | 1.33% |
| 2020 | $1,019 | 1.32% |
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 2.0%
Counties near Franklin County's effective rate
On effective rate, Franklin County sits nearest Roosevelt County (MT), Worcester County (MA), Wabaunsee County (KS).
On published median-tax change, the nearest matches are Stephenson County (IL), Clinton County (MI), Massac County (IL).
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
IRS county file: no disclosed Franklin County Schedule A rows
The IRS county file records no returns reporting real estate taxes on Schedule A for Franklin County. That is a limit of the published data rather than a finding about the county: county-level figures are withheld where the counts are too small to disclose safely, which is common in places with few filers. Roughly one county in sixteen is in this position, so the filer view available elsewhere on this site is simply not available here. Source: IRS Statistics of Income county data.
Other Counties in Nebraska
Franklin County rate FAQs
- How does Franklin County property tax compare to the national average?
- Property taxes in Franklin County run well below the national median of $1,993, an effective rate of 1.28% versus 0.92% nationally.
- What is the average property tax in Franklin County, Nebraska?
- The median annual property tax in Franklin County is $1,221, an effective rate of 1.28% on a $95,600 median home (Census ACS, 2024).
- What is the tax affordability score for Franklin County?
- Franklin County, Nebraska scores C- (52/100) 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 housing pressure at A+ (1.59×). 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 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 2.0% of the $60,195 median household income.
- Are property taxes increasing in Franklin County?
- The ACS median property-tax bill for Franklin County climbed 19.8% between the 2020 and 2024 5-year releases, from $1,019 to $1,221, 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.
What to do with Franklin County's PAR rate
Franklin County's $1,221 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Franklin County ranks #46 of 93 Nebraska counties by effective rate - on the higher-burden half of the state ACS set. Nebraska overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Franklin County's PAR 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: 1.28%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,221/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 (PAR · LIGHT), replacing the old fixed Keep exploring strip.
PAR LIGHT
Cook County, GA
ABS(median_tax) peer · tied with Franklin County at $1,221/yr; rate 0.78% vs Franklin County 1.28%.
Fallon County, MT
ABS(median_tax) peer · $1,220/yr (near-tied bill ABS $1); rate 0.50% vs Franklin County 1.28%.
Garza County, TX
ABS(median_tax) peer · $1,220/yr (near-tied bill ABS $1); rate 1.57% vs Franklin County 1.28%.
Mayes County, OK
ABS(median_tax) peer · $1,222/yr (near-tied bill ABS $1); rate 0.65% vs Franklin County 1.28%.
Nebraska county set
State ACS overview for every published Nebraska county rate and median bill.
Assessment cycle basics
Franklin County stamps PAR · LIGHT - 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 (PAR · LIGHT) - ACS medians, not a parcel bill.