Franklin County Property Taxes
Franklin County, Arkansas
Effective Tax Rate
0.00%
15.2% below state avgMedian Annual Tax
$0
$50/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.50%
At a Glance
Median Home Value
$118,800
State avg ▼ $131,967
Tax w/ Mortgage/yr
$764
$64/mo escrow
Tax w/o Mortgage/yr
$538
$45/mo
State Tax Rate Rank
#25
of 75 counties (1 = lowest)
Data Story
About Property Taxes in Franklin County, Arkansas
Franklin County taxes rank among nation's lowest
Franklin County's effective tax rate of 0.503% places it well below the national median tax burden, with median annual taxes of $598 compared to the national median of $2,690. Property owners here enjoy exceptional affordability by national standards.
Slightly below Arkansas average
At 0.503%, Franklin County's effective rate runs about 5.5% below the Arkansas state average of 0.532%, positioning it in the lower-middle tier statewide. The median tax of $598 sits below the state median of $705, offering moderate savings.
Favorable rates in northwest context
Franklin County's 0.503% rate sits between Crawford County (0.532%) and Drew County (0.448%), offering competitive affordability in its region. With median home values of $118,800, Franklin balances reasonable property costs with a favorable tax rate.
Median Franklin County home costs $598 yearly
A homeowner with the county's median-valued property of $118,800 pays approximately $598 in annual property taxes. With a mortgage, that bill may climb to $764; without one, it falls to $538.
Challenge your assessment if needed
Franklin County homeowners should verify their assessed values match recent market comparable sales in the area. If your property is assessed above fair market value, a formal appeal to the county assessor could reduce your annual tax burden.
How Franklin County Compares
Median Annual Property Tax
Franklin County
0.50%
Effective rate
Arkansas Avg
0.53%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Franklin County, Arkansas?
How much are property taxes in Franklin County?
How does Franklin County compare to the Arkansas average?
What is the median home value in Franklin County, Arkansas?
Is Franklin County a low property tax area in Arkansas?
How does Franklin County rank for property taxes in Arkansas?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Arkansas
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.