taxbycounty

Franklin County Property Taxes

Effective Tax Rate

0.00%

41% below state avg

Median Annual Tax

$0

$102/mo escrow

#48 of 93 counties in Nebraska

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.28%

vs. Nebraska Avg41% below
vs. National Avg54.6% below

At a Glance

Median Home Value

$95,600

State avg $164,635

Tax w/ Mortgage/yr

$1,410

$118/mo escrow

Tax w/o Mortgage/yr

$1,028

$86/mo

State Tax Rate Rank

#48

of 93 counties (1 = lowest)

Homeowner context

What this means for a Franklin County homeowner

Use these county medians as a planning baseline. Your actual bill depends on assessed value, exemptions, millage, and local taxing districts.

Tax pressure

1.28%

0.02 percentage points above the state average

Typical bill

$1,221

$847 below the state median

State position

#48

Ranked from lowest to highest effective rate across 93 Nebraska counties.

Data Story

About Property Taxes in Franklin County, Nebraska

Franklin taxes rank well below national median

Franklin County's effective tax rate of 1.133% significantly undercuts the national median effective rate of approximately 0.89%, with a median tax bill of $1,123 representing just 42% of the national median of $2,690. Franklin homeowners enjoy substantial property tax relief compared to the typical American household.

Below state average, among lowest

At 1.133% effective rate, Franklin County ranks below Nebraska's state average of 1.281%, placing it among the state's most tax-efficient counties. The median property tax of $1,123 is $849 below the state average of $1,972, making Franklin exceptionally affordable on property taxes.

Nearly lowest in regional survey

Franklin's 1.133% rate ranks second-lowest among surveyed counties, just barely above Fillmore's 1.129% and well below Dixon (1.212%), Deuel (1.497%), and Frontier (1.426%). For its median home value of $99,100, Franklin offers some of the region's best tax value.

Minimal annual property tax

Franklin County homeowners with a median property value of $99,100 pay approximately $1,123 in yearly property taxes. Mortgage-holders see that rise to $1,594, while cash buyers pay just $921—reflecting variations in assessment methodology rather than rate differences.

Review assessments for accuracy

Franklin County residents should verify their assessment matches recent comparable sales and market conditions, especially in a low-value county where percentage errors can still matter. A simple reassessment request costs nothing and could validate or reduce your already-modest annual tax bill.

How Franklin County Compares

Median Annual Property Tax

Franklin County$1,221
Nebraska State Average$2,068
National Average$1,994

Franklin County

1.28%

Effective rate

Nebraska Avg

1.26%

Effective rate

National Avg

0.88%

Effective rate

Frequently Asked Questions

What is the property tax rate in Franklin County, Nebraska?
The effective property tax rate in Franklin County, Nebraska is 1.28%. 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 $1,221. Homeowners with a mortgage pay a median of $1,410, while those without a mortgage pay $1,028.
How does Franklin County compare to the Nebraska average?
Franklin County's effective tax rate of 1.28% is higher than the Nebraska state average of 1.26%. The median annual property tax in Franklin County is $1,221, compared to the state average of $2,068.
What is the median home value in Franklin County, Nebraska?
The median home value in Franklin County, Nebraska is $95,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Franklin County property tax rate higher than the Nebraska average?
Franklin County's effective property tax rate of 1.28% is higher than the Nebraska average of 1.26%. This difference of 0.02% 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 Nebraska?
Franklin County ranks #48 out of 93 counties in Nebraska by effective property tax rate (1 = lowest). With a rate of 1.28% and median annual tax of $1,221, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Nebraska

By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

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.

Estimates are informational only and are not tax, legal, financial, or assessment appeal advice. Verify parcel-specific amounts with the county assessor or tax collector.