Franklin County, Alabama Property Taxes
Census Bureau ACS property tax data for Alabama. Population: 8,319.
The median annual property tax in Franklin County is $432, which is 15% lower than the Alabama state average and 78% below the national average. The effective tax rate is 0.34% on a median home value of $128,000. Property taxes represent 0.8% of the median household income in this county.
Median Annual Tax
$432
-15% vs State
-78% vs US
Median Home Value
$128,000
-14% vs State
-40% vs US
Effective Tax Rate
0.34%
+0% vs State
-64% vs US
With vs Without Mortgage
With Mortgage
$568
$47/mo
Without Mortgage
$324
$27/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $432 +9.1% | 0.34% |
| 2022 | $396 +5.6% | 0.33% |
| 2021 | $375 +5.6% | 0.35% |
| 2020 | $355 -1.4% | 0.34% |
| 2019 | $360 | 0.38% |
Tax Burden
Tax-to-Income Ratio
0.8%
of median household income
Median Income
$51,493
per year
Monthly Tax
$36
per month
Other Counties in Alabama
Chilton County
Tax: $478/yr Rate: 0.34%
Covington County
Tax: $358/yr Rate: 0.25%
Lawrence County
Tax: $459/yr Rate: 0.30%
St. Clair County
Tax: $666/yr Rate: 0.30%
Cherokee County
Tax: $643/yr Rate: 0.39%
Lamar County
Tax: $245/yr Rate: 0.22%
Frequently Asked Questions
What is the average property tax in Franklin County, Alabama? ▼
The median annual property tax in Franklin County is $432 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.34% on a median home value of $128,000.
How does Franklin County property tax compare to the national average? ▼
Property taxes in Franklin County are 78% below the national average of $1,923. The effective rate of 0.34% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Franklin County? ▼
In Franklin County, homeowners with a mortgage pay a median of $568 in annual property taxes, while homeowners without a mortgage pay $324. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Franklin County? ▼
Property taxes in Franklin County represent approximately 0.8% of the median household income of $51,493. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.