Franklin County Property Taxes
Franklin County, North Carolina
Effective Tax Rate
0.00%
20.9% above state avgMedian Annual Tax
$0
$144/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.72%
At a Glance
Median Home Value
$240,900
State avg ▲ $214,164
Tax w/ Mortgage/yr
$1,928
$161/mo escrow
Tax w/o Mortgage/yr
$1,312
$109/mo
State Tax Rate Rank
#62
of 100 counties (1 = lowest)
Data Story
About Property Taxes in Franklin County, North Carolina
Franklin taxes modestly by national standards
At 0.719%, Franklin's effective tax rate is below the national median of 0.86%, placing it roughly in the 40th percentile nationally. The median property tax of $1,732 reflects Franklin's median home value of $240,900, approaching the national median of $281,900.
Franklin near state average
Franklin's effective rate of 0.719% is virtually identical to North Carolina's average of 0.701%, making it a typical North Carolina county by tax burden. The median property tax of $1,732 is notably higher than the state average of $1,433, driven by above-average home values.
Franklin among lowest-taxed in region
Franklin's 0.719% rate ties Granville County and sits below neighbors like Greene (0.868%) and Forsyth (0.849%). Only Graham County's 0.540% is significantly lower, making Franklin one of the more tax-friendly counties in the central Piedmont.
Typical Franklin homeowner pays $1,732
With a median home value of $240,900 and an effective rate of 0.719%, the typical Franklin homeowner pays $1,732 annually in property taxes. Homeowners with mortgages pay $1,928, while those without mortgages pay $1,312.
Verify your assessment isn't too high
Even in a moderate-tax county, many Franklin homeowners are assessed above fair market value and don't realize they can challenge it. A reassessment appeal costs nothing and could put hundreds back in your pocket annually.
How Franklin County Compares
Median Annual Property Tax
Franklin County
0.72%
Effective rate
North Carolina Avg
0.67%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Franklin County, North Carolina?
How much are property taxes in Franklin County?
How does Franklin County compare to the North Carolina average?
What is the median home value in Franklin County, North Carolina?
Why is Franklin County property tax rate higher than the North Carolina average?
How does Franklin County rank for property taxes in North Carolina?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in North Carolina
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.