Franklin County Property Taxes
Franklin County, Alabama
Effective Tax Rate
0.00%
15.5% below state avgMedian Annual Tax
$0
$36/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.34%
At a Glance
Median Home Value
$128,000
State avg ▼ $149,701
Tax w/ Mortgage/yr
$568
$47/mo escrow
Tax w/o Mortgage/yr
$324
$27/mo
State Tax Rate Rank
#36
of 67 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Franklin County, Alabama
Franklin's tax rate mirrors the national median
Franklin County's effective tax rate of 0.338% aligns closely with the national median, meaning homeowners here face a typical American tax burden relative to property values. The national median property tax is $2,690 annually, while Franklin residents pay $432—lower in absolute dollars due to the county's median home value of $128,000, well below the national figure.
Franklin matches Alabama's statewide average
At 0.338%, Franklin County's effective tax rate is virtually identical to Alabama's state average of 0.339%, positioning the county firmly in the middle of the state's 67 counties. The median property tax of $432 is below the state median of $511, reflecting Franklin's below-average home values.
Franklin's rate is moderate among peers
Franklin's 0.338% rate matches DeKalb exactly and exceeds Elmore (0.264%) and Fayette (0.286%), while falling below Escambia (0.395%), Etowah (0.364%), and Greene (0.488%). For north-central Alabama, Franklin offers a competitive tax environment.
Median Franklin home costs $432 yearly
On a median home value of $128,000, Franklin property owners pay approximately $432 annually in property taxes. Homeowners with mortgages typically pay $568 when including county fees, while those owning outright pay around $324.
Franklin homeowners may be overassessed
If your property tax bill seems steep relative to comparable homes, an appeal could help—many Alabama homeowners are overassessed. File a free reassessment request with your county assessor to verify your home's value.
Tax Rate Details
Understanding Millage Rates in Franklin County
In Alabama, property taxes are expressed as a millage rate (also called a mill rate). One mill equals $1 of tax for every $1,000 of assessed property value. Your total property tax bill is determined by adding together the millage rates set by the county, city or municipality, school district, and any special districts.
In Alabama, residential property is assessed at 10% of appraised market value. This means a home appraised at $200,000 has an assessed value of $20,000, and the millage rate is applied to that assessed value — resulting in some of the lowest effective property tax bills in the nation.
Franklin County has an effective property tax rate of 0.34%, resulting in a median annual tax bill of $432. Use the calculator above to estimate your property tax based on Franklin County's current rate, or contact the Franklin County tax assessor's office for the exact millage rate breakdown for your property.
How Franklin County Compares
Median Annual Property Tax
Franklin County
0.34%
Effective rate
Alabama Avg
0.34%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Franklin County, Alabama?
What is the millage rate in Franklin County, Alabama?
How much are property taxes in Franklin County?
How does Franklin County compare to the Alabama average?
What is the median home value in Franklin County, Alabama?
Is Franklin County a low property tax area in Alabama?
How does Franklin County rank for property taxes in Alabama?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Alabama
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.