Franklin County, Nebraska Property Taxes
Census Bureau ACS property tax data for Nebraska. Population: 1,025.
The median annual property tax in Franklin County is $1,123, which is 43% lower than the Nebraska state average and 42% below the national average. The effective tax rate is 1.13% on a median home value of $99,100. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,123
-43% vs State
-42% vs US
Median Home Value
$99,100
-35% vs State
-53% vs US
Effective Tax Rate
1.13%
-12% vs State
+19% vs US
With vs Without Mortgage
With Mortgage
$1,594
$133/mo
Without Mortgage
$921
$77/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 | $1,123 -9.7% | 1.13% |
| 2022 | $1,244 +16.3% | 1.30% |
| 2021 | $1,070 +5.0% | 1.33% |
| 2020 | $1,019 +0.7% | 1.32% |
| 2019 | $1,012 | 1.42% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$57,692
per year
Monthly Tax
$94
per month
Other Counties in Nebraska
Thurston County
Tax: $1,599/yr Rate: 1.52%
Antelope County
Tax: $1,426/yr Rate: 1.22%
Otoe County
Tax: $2,658/yr Rate: 1.44%
Garden County
Tax: $1,127/yr Rate: 1.18%
Kearney County
Tax: $2,675/yr Rate: 1.23%
Jefferson County
Tax: $1,709/yr Rate: 1.45%
Frequently Asked Questions
What is the average property tax in Franklin County, Nebraska? ▼
The median annual property tax in Franklin County is $1,123 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.13% on a median home value of $99,100.
How does Franklin County property tax compare to the national average? ▼
Property taxes in Franklin County are 42% below the national average of $1,923. The effective rate of 1.13% 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 $1,594 in annual property taxes, while homeowners without a mortgage pay $921. 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 1.9% of the median household income of $57,692. 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.