Franklin County Property Taxes

Franklin County, Missouri

Effective Tax Rate

0.00%

48% above state avg

Median Annual Tax

$0

$148/mo escrow

#87 of 115 counties in Missouri

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.83%

vs. Missouri Avg48% above
vs. National Avg34.1% below

At a Glance

Median Home Value

$214,900

State avg $162,432

Tax w/ Mortgage/yr

$1,860

$155/mo escrow

Tax w/o Mortgage/yr

$1,596

$133/mo

State Tax Rate Rank

#87

of 115 counties (1 = lowest)

Data Story

About Property Taxes in Franklin County, Missouri

Franklin County taxes notably above national average

At 0.826%, Franklin County's effective property tax rate exceeds the national median of 0.87% by a small margin, placing it around the 55th percentile nationally—roughly average for the country. The median annual property tax of $1,774 remains well below the national median of $2,690, reflecting Franklin's moderate home values.

Franklin ranks among Missouri's higher-tax counties

Franklin County's 0.826% effective rate is 13% above Missouri's state average of 0.733%, making it one of the state's higher-tax counties. The median property tax of $1,774 is 48% above the state median of $1,199, translating to a substantially higher burden for Franklin County homeowners.

Higher taxes than most surrounding counties

Franklin County's 0.826% rate exceeds nearly all regional peers, including Gasconade County (0.733%), Dent County (0.563%), and Douglas County (0.409%). Only Gentry County (1.031%) and Grundy County (1.022%) carry higher tax rates in the immediate region, making Franklin the upper-middle burden area.

Your annual tax bill in Franklin County

On a median home valued at $214,900, Franklin County homeowners owe approximately $1,774 per year in property taxes. With mortgage interest deductions, the cost rises to $1,860 annually; without them, it drops to $1,596—a substantial bill that exceeds most neighboring counties.

Assessment appeal could cut your bill significantly

With Franklin County's relatively high tax burden, homeowners should especially consider verifying their property assessment for accuracy. Many homes are overvalued by assessors; a successful appeal could shave hundreds of dollars off your annual tax bill—the county assessor's office can guide you through the process.

How Franklin County Compares

Median Annual Property Tax

Franklin County$1,774
Missouri State Average$1,199
National Average$1,924

Franklin County

0.83%

Effective rate

Missouri Avg

0.74%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Franklin County, Missouri?
The effective property tax rate in Franklin County, Missouri is 0.83%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Franklin County?
The median annual property tax payment in Franklin County is $1,774. Homeowners with a mortgage pay a median of $1,860, while those without a mortgage pay $1,596.
How does Franklin County compare to the Missouri average?
Franklin County's effective tax rate of 0.83% is higher than the Missouri state average of 0.74%. The median annual property tax in Franklin County is $1,774, compared to the state average of $1,199.
What is the median home value in Franklin County, Missouri?
The median home value in Franklin County, Missouri is $214,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Franklin County property tax rate higher than the Missouri average?
Franklin County's effective property tax rate of 0.83% is higher than the Missouri average of 0.74%. This difference of 0.09% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Franklin County rank for property taxes in Missouri?
Franklin County ranks #87 out of 115 counties in Missouri by effective property tax rate (1 = lowest). With a rate of 0.83% and median annual tax of $1,774, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Missouri

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.