Franklin city property tax
Homeowners in Franklin city, Virginia typically pay about 0.71% of their home's value in property tax each year — a median bill of $1,821 on a median home value of $256,600.
Typical effective rate
0.71%
higher than 59% of U.S. counties
Median tax paid
$1,821
per year
Median home value
$256,600
In VA
#45
of 133 ranked counties
At a glance
- Effective rate 0.71% — 24% lower than the U.S. median of 0.94%, and 2% lower than the Virginia median of 0.73%.
- With vs. without a mortgage — median tax $2,104 for mortgaged homes, $1,455 for homes owned outright.
- State ranking — 45th highest effective rate of 133 ranked Virginia counties; nationally it sits around the 41th percentile.
Estimate a bill for Franklin city
Apply this county's typical effective rate (0.71%) to a home value of your choice.
Frequently asked questions
What is the property tax rate in Franklin city, VA?
The typical effective property-tax rate in Franklin city is 0.71% of a home's value per year, based on median taxes paid ($1,821) divided by the median home value ($256,600) in the Census ACS 2020–2024 5-year estimates. This is a typical burden for comparison, not a statutory mill rate.
How much is property tax on a typical home in Franklin city?
The median owner-occupied home in Franklin city is valued at $256,600, and the median real estate tax paid is $1,821 per year. Homes with a mortgage have a median tax of $2,104, versus $1,455 for homes without one.
How does Franklin city compare to the rest of Virginia?
Franklin city's effective rate is 2% lower than the Virginia median, ranking 45th of 133 ranked counties in the state.
Compare nearby Virginia counties
Counties ranked closest to Franklin city by in-state effective rate. Open the comparison tool or see all Virginia counties.
| In-state | County | Effective rate | Median tax |
|---|---|---|---|
| 42 | Norton city | 0.73% | $800 |
| 43 | Radford city | 0.72% | $1,581 |
| 44 | Henrico County | 0.71% | $2,565 |
| 46 | Isle of Wight County | 0.70% | $2,510 |
| 47 | Stafford County | 0.70% | $3,410 |
| 48 | Staunton city | 0.70% | $1,818 |
Official data & resources for Franklin city
- Franklin city Census profile (data.census.gov) — housing, value and tax figures for this county.
- Table B25103 for Franklin city — median real estate taxes paid (the source for the tax figures above).
- Table B25077 for Franklin city — median home value.
- Federal forms & is property tax deductible? — IRS Pub 530, Schedule A and the SALT cap, plus your state tax agency.
Finding your exact bill
Your county or municipal assessor (sometimes called the appraisal district, property appraiser, or tax collector) sets the assessed value and the exact millage that produces your bill. Search for "[county name] [state] assessor" or "property tax" on an official .gov site.
Figures on this page are Census survey medians for the whole county (2020–2024 5-year), not an assessment of any individual property. Rates, exemptions and assessment practices vary by municipality and school district within a county.