Franklin County Property Taxes
Franklin County, Iowa
Effective Tax Rate
0.00%
26.1% below state avgMedian Annual Tax
$0
$133/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
1.35%
At a Glance
Median Home Value
$118,500
State avg ▼ $160,608
Tax w/ Mortgage/yr
$1,651
$138/mo escrow
Tax w/o Mortgage/yr
$1,528
$127/mo
State Tax Rate Rank
#54
of 99 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Franklin County, Iowa
Franklin taxes well below national
Franklin County's effective rate of 1.348% ranks in the 38th percentile nationally, well below the 1.57% median. The median tax of $1,597 is less than 60% of the national median of $2,690.
Right at the Iowa median
Franklin County ranks 48th among Iowa's 99 counties with a 1.348% effective rate that nearly mirrors the state average of 1.344%. Its median tax of $1,597 is $563 below the state median.
Moderate among regional peers
Franklin County's tax rate sits between Fayette County (1.316%) and Floyd County (1.391%), making it a middle ground in the region. It offers lower rates than Guthrie County (1.325%) and Hamilton County (1.366%).
Annual tax on median home
Franklin County's median home value is $118,500, with an annual property tax of $1,597. Homeowners with mortgages pay $1,651; those without mortgages pay $1,528.
Check your assessment today
Overassessment is common across Iowa, and Franklin County homeowners can appeal their valuations for free. A simple comparison between your assessed value and recent sales of similar properties may reveal grounds for appeal.
How Franklin County Compares
Median Annual Property Tax
Franklin County
1.35%
Effective rate
Iowa Avg
1.34%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Franklin County, Iowa?
How much are property taxes in Franklin County?
How does Franklin County compare to the Iowa average?
What is the median home value in Franklin County, Iowa?
Why is Franklin County property tax rate higher than the Iowa average?
How does Franklin County rank for property taxes in Iowa?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Iowa
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.