Franklin County, Texas Property Taxes
Census Bureau ACS property tax data for Texas. Population: 3,129.
The median annual property tax in Franklin County is $1,944, which is 11% lower than the Texas state average and 1% above the national average. The effective tax rate is 0.91% on a median home value of $213,200. Property taxes represent 2.9% of the median household income in this county.
Median Annual Tax
$1,944
-11% vs State
+1% vs US
Median Home Value
$213,200
+24% vs State
+1% vs US
Effective Tax Rate
0.91%
-29% vs State
-4% vs US
With vs Without Mortgage
With Mortgage
$2,488
$207/mo
Without Mortgage
$1,643
$137/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 | $1,944 -6.2% | 0.91% |
| 2022 | $2,072 +3.6% | 1.06% |
| 2021 | $2,000 +12.1% | 1.27% |
| 2020 | $1,784 +12.6% | 1.24% |
| 2019 | $1,585 | 1.26% |
Tax Burden
Tax-to-Income Ratio
2.9%
of median household income
Median Income
$66,800
per year
Monthly Tax
$162
per month
Other Counties in Texas
McCulloch County
Tax: $1,435/yr Rate: 1.37%
Cherokee County
Tax: $1,941/yr Rate: 1.21%
Coke County
Tax: $1,340/yr Rate: 1.19%
Real County
Tax: $1,213/yr Rate: N/A
Orange County
Tax: $2,036/yr Rate: 1.25%
Freestone County
Tax: $1,705/yr Rate: 1.04%
Frequently Asked Questions
What is the average property tax in Franklin County, Texas? ▼
The median annual property tax in Franklin County is $1,944 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.91% on a median home value of $213,200.
How does Franklin County property tax compare to the national average? ▼
Property taxes in Franklin County are 1% above the national average of $1,923. The effective rate of 0.91% 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 $2,488 in annual property taxes, while homeowners without a mortgage pay $1,643. 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 2.9% of the median household income of $66,800. 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.