Franklin County Property Taxes
Franklin County, Virginia
Effective Tax Rate
0.00%
39.4% below state avgMedian Annual Tax
$0
$99/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.53%
At a Glance
Median Home Value
$222,800
State avg ▼ $278,065
Tax w/ Mortgage/yr
$1,270
$106/mo escrow
Tax w/o Mortgage/yr
$1,103
$92/mo
State Tax Rate Rank
#31
of 133 counties (1 = lowest)
Data Story
About Property Taxes in Franklin County, Virginia
Franklin County taxes fall well below national
At 0.533%, Franklin County's effective tax rate sits 8% below the national median of 0.579%, placing it in the 40th percentile nationally. Median property taxes of $1,188 represent less than half the national median of $2,690, making this a tax-friendly jurisdiction.
Franklin County ranks among state's lowest
Franklin County's 0.533% effective rate sits 20% below Virginia's state average of 0.671%, ranking it among the commonwealth's most affordable counties for property tax burden. Annual median taxes of $1,188 are 39% below the state median, offering genuine savings.
Franklin County offers low-tax alternative
Franklin County's 0.533% rate undercuts neighboring Fluvanna County (0.651%) and dramatically beats Franklin city (0.738%) just miles away. This municipal-versus-county distinction means choosing Franklin County over the city saves hundreds annually on equivalent properties.
Franklin County residents pay $1,188 yearly
With a median home value of $222,800 and a 0.533% effective rate, typical Franklin County homeowners pay around $1,188 in annual property taxes. This modest burden reflects both lower property values and light tax policy throughout the county.
Franklin County homeowners should verify value
Even with low tax rates, properties may still be overassessed relative to recent market comparables—especially in changing markets. A reassessment appeal is a simple, no-cost first step to ensure your valuation reflects current conditions.
How Franklin County Compares
Median Annual Property Tax
Franklin County
0.53%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Franklin County, Virginia?
How much are property taxes in Franklin County?
How does Franklin County compare to the Virginia average?
What is the median home value in Franklin County, Virginia?
Is Franklin County a low property tax area in Virginia?
How does Franklin County rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Prince Edward County
0.40%
Bath County
0.40%
Nottoway County
0.42%
Mathews County
0.42%
Amelia County
0.43%
Lunenburg County
0.44%
Buchanan County
0.44%
Craig County
0.46%
Bedford County
0.46%
Campbell County
0.46%
Northumberland County
0.48%
Mecklenburg County
0.49%
Halifax County
0.49%
Augusta County
0.49%
Lancaster County
0.49%
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.