Texas · County property tax · ACS 2024
Franklin County Property Taxes
The median homeowner in Franklin County pays $2,023 a year, an effective rate of 0.89%, roughly in line with the U.S. average.
- $2,023
- Median tax / yr · Above-median bill
- 0.89%
- Effective rate · Above-median rate
- +2%
- vs U.S. average
- #227 of 250
- rank in TX
The verdict
Homeowners in Franklin County pay a median $2,023 a year in property tax, an effective rate of 0.89%, more affordable than 44% of U.S. counties (Census ACS 2024).
- $2,023
- Median annual tax bill, 2024
- 0.89%
- Effective rate on median home
- #1770 of 3135
- U.S. counties by tax burden
- +2%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($226,300). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Texas. Population: 10,632. Owner-occupied homes: 3,197.
The median annual property tax in Franklin County is $2,023, which is 52% lower than the Texas state average and 2% above the national average. The effective tax rate is 0.89% on a median home value of $226,300. Property taxes represent 2.8% 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 0.89% effective rate sits near the middle of 3,135 tracked counties (more affordable than 44%).
Decision signal 2
The bill sits below the Texas median
Homeowners in Franklin County pay a median annual property tax of $2,023, roughly in line with the national median and far below the Texas state median. On a $226,300 median home, that works out to an effective rate of 0.89% once the local assessment base and millage are combined.
Decision signal 3
High among Texas counties by effective rate
Franklin County ranks #227 of 250 counties in Texas by effective rate (9% of in-state counties pay a lower rate).
Decision signal 4
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 2.8% of the $72,360 median household income.
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 56.8%, from $144,300 to $226,300. The effective rate fell 27.7% over the same span, a steeper move than in 96% of U.S. counties.
The median bill still rose 13.4%, to $2,023. 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
Bills rose across 2020-2024, from $1,784 to $2,023, a gain of 13%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The heaviest band is also the fullest one here: 1,082 of 3,197 owner-occupied homes (33.8%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.
Both the income and the rate here sit in the third quarter nationally, and the median bill is 2.8% of median household income. Two above-average figures pulling in opposite directions is why the rate on its own is a poor guide.
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, 1,082 of 3,197 owner-occupied homes (33.8%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 19.0% (606)
- $800 to $1,499 17.5% (559)
- $1,500 to $1,999 10.8% (344)
- $2,000 to $2,999 14.0% (448)
- $3,000 or more 33.8% (1,082)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
158 homes here (4.9%) report no real estate tax at all. Exemptions are set by state: how Texas handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Franklin County pay a substantially higher bill, 40% 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 9% of the 250 counties in Texas - ranking #227 of 250.
Where Franklin County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.89% more affordable than 44% 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
Below Texas on both measures
Franklin County's effective rate runs 40% under the Texas median and its bill 52% under. Both sitting on the same side means the gap is not a valuation artefact: a county can post a low rate purely because its homes are expensive, but then the bill rises to meet the state. Here it does not, so the $2,023 median bill reflects a genuinely lighter charge than the Texas norm rather than a different denominator. Compare it against the state page before reading anything into the county rank.
Franklin County vs Benchmarks
| Metric | Franklin County | Texas Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Above-median rate | |||
| Median Home Value | |||
| Tax as % of income Above-median income burden | 2.8% | - | - |
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 UNDER · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Texas counties.
Franklin County rate trail · UNDER
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $2,023 +4.1% | 0.89% |
| 2023 | $1,944 -6.2% | 0.91% |
| 2022 | $2,072 +3.6% | 1.06% |
| 2021 | $2,000 +12.1% | 1.27% |
| 2020 | $1,784 | 1.24% |
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 2.8%
Counties near Franklin County's effective rate
On effective rate, Franklin County sits nearest Hand County (SD), Newport County (RI), Stark County (ND).
On published median-tax change, the nearest matches are Cecil County (MD), Williamsburg County (SC), Halifax County (VA).
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 4% of returns show Schedule A real-estate tax
Tax year 2022: 180 of 4,660 returns from Franklin County reported real estate taxes, averaging $5,928 - 39% 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 Texas
Franklin County rate FAQs
- What is the tax affordability score for Franklin County?
- Franklin County, Texas scores F (38/100) 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 D (0.89%). 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.
- How does Franklin County property tax compare to the national average?
- Property taxes in Franklin County run roughly in line with the national median of $1,993, an effective rate of 0.89% versus 0.92% nationally.
- What is the average property tax in Franklin County, Texas?
- The median annual property tax in Franklin County is $2,023, an effective rate of 0.89% on a $226,300 median home (Census ACS, 2024).
- Are property taxes increasing in Franklin County?
- The ACS median property-tax bill for Franklin County climbed 13.4% between the 2020 and 2024 5-year releases, from $1,784 to $2,023, 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 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 2.8% of the $72,360 median household income.
What to do with Franklin County's UNDER rate
Inside Texas, Franklin County's $2,023 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Texas overview →
Franklin County ranks #227 of 250 Texas counties by effective rate - on the lower-burden half of the state ACS set. Texas overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Franklin County's UNDER 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: 0.89%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $2,023/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 (UNDER · MID), replacing the old fixed Keep exploring strip.
UNDER MID
McClain County, OK
ABS(median_tax) peer · tied with Franklin County at $2,023/yr; rate 0.79% vs Franklin County 0.89%.
Bartow County, GA
ABS(median_tax) peer · $2,024/yr (near-tied bill ABS $1); rate 0.70% vs Franklin County 0.89%.
Johnson County, IN
ABS(median_tax) peer · $2,024/yr (near-tied bill ABS $1); rate 0.71% vs Franklin County 0.89%.
Troup County, GA
ABS(median_tax) peer · $2,024/yr (near-tied bill ABS $1); rate 0.93% vs Franklin County 0.89%.
Cass County (rate-lane contrast)
Near Franklin County on ACS median bill yet stamps a different effective-rate lane (1.34% vs 0.89%).
Texas county set
State ACS overview for every published Texas county rate and median bill.
Assessment cycle basics
Franklin County stamps UNDER · 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 (UNDER · MID) - ACS medians, not a parcel bill.