Property tax in Franklin County, Mississippi
The median property tax bill in Franklin County, Mississippi is $739 a year, which is about 0.73% of the county's median home value of $101,900. That effective rate is higher than the typical Mississippi county (0.69%) and lower than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.
Estimate the property tax on a home in Franklin County
Enter a home's market value for a ballpark at Franklin County's average effective rate of 0.73% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.
Estimated property tax: $744 / year
Property tax in Franklin County at a glance
| Measure | Value |
|---|---|
| Median annual property tax | $739 |
| Median home value | $101,900 |
| Effective tax rate | 0.73% |
| Typical Mississippi county rate | 0.69% |
| National median county rate | 0.81% |
Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.
How does Franklin County compare in Mississippi?
Among Mississippi's 81 counties, Franklin County has the 29th highest effective property-tax rate: 28 rank higher and 52 rank lower. That is on the higher side for Mississippi. Nationally, it ranks 1793rd of 3135 US counties by effective rate. See every Mississippi county ranked.
How much do homeowners in Franklin County actually pay?
The median is only the middle bill. Across Franklin County's 2,511 owner-occupied homes, 4.3% pay $3,000 or more a year in property tax, 7.6% pay at least $2,000, and 34.9% pay under $800. Another 32.4% report paying no property tax at all, which usually means an exemption covers the whole bill.
| Annual bill | Homes | Share |
|---|---|---|
| Under $800 | 876 | 34.9% |
| $800 to $1,499 | 392 | 15.6% |
| $1,500 to $1,999 | 237 | 9.4% |
| $2,000 to $2,999 | 83 | 3.3% |
| $3,000 or more | 109 | 4.3% |
| No property tax paid | 814 | 32.4% |
Owners with a mortgage pay a median of $902 and owners without one pay $588. Owners who have paid off a home have usually held it longer, and in states that cap how fast an existing owner's assessment can rise, long-held homes carry lower assessed values. Census table B25103.
How does the Franklin County property tax bill compare with local incomes?
The median property tax bill of $739 is about 1.3% of the median income of Franklin County homeowner households, $57,092 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 81.7% of Franklin County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.
Have property taxes gone up in Franklin County?
Yes. The median bill went from $419 in 2015-2019 to $739 in 2020-2024, a 76.4% rise. Over the same span the median home value moved 33%, from $76,600 to $101,900. Bills rose faster than values, which usually means local rates went up or an exemption shrank.
Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.
Property tax in counties next to Franklin County
Franklin County borders 5 counties.
| County | Effective rate | Median bill | Median home value |
|---|---|---|---|
| Wilkinson County, MS | 0.99% | $895 | $90,000 |
| Adams County, MS | 0.9% | $974 | $108,700 |
| Jefferson County, MS | 0.86% | $698 | $81,300 |
| Franklin County, MS (this county) | 0.73% | $739 | $101,900 |
| Lincoln County, MS | 0.7% | $1,089 | $155,800 |
| Amite County, MS | 0.38% | $386 | $100,800 |
How is a home assessed in Franklin County?
Mississippi assesses homes at 10% of market value in every county, Franklin County included. How Mississippi assesses and reappraises homes.
Is there a homestead exemption in Franklin County?
Yes, as a credit off the bill. Mississippi's regular homestead credit tops out at $300, which almost every homeowner with a house worth roughly $74,000 or more receives. Apply with the county tax assessor between January 1 and April 1. That is the Mississippi rule, and it applies in Franklin County. Mississippi's exemptions and relief programs in full.
When are property taxes due in Franklin County?
Property is assessed to whoever owns it on January 1, the bill goes out that November or December, and the full amount is due by February 1. If February 1 falls on a weekend or holiday you can pay the next Monday without penalty. A county or self-collecting municipality may vote to accept partial payments, splitting the year into one half by February 1 and one quarter each by May 1 and July 1, but that is a local option rather than a statewide right.
That is the Mississippi rule. Franklin County issues and collects the bill, so the dates printed on your statement are the ones that bind you.
How to appeal your Franklin County property assessment
You contest the assessed value with the the county Board of Supervisors. The filing deadline is typically the first Monday in August preceding the due date of the taxes. That is the Mississippi rule; Franklin County sets the exact dates and forms. The Mississippi appeal process step by step.
Mississippi rules from primary state sources, reviewed September 7, 2026; sources on the Mississippi page.
Work out your own numbers
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How much house can I afford?
Your income, debts and down payment against the 28/36 rule lenders actually use, with Franklin County's tax rate to hand.
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Mortgage calculator
Monthly payment with principal, interest, tax and insurance, plus what an extra payment saves you.
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Mississippi income tax
Brackets, standard deduction and what Mississippi actually taxes.
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Sales tax in Franklin County
The other local tax: combined state and local rate for this county.
Sources
- Median real estate taxes paid and median home value for Franklin County, Mississippi: U.S. Census Bureau, American Community Survey 5-year estimates (2020-2024), tables B25103, B25077, B25102, B25119 and B25003; the five-year comparison uses the 2015-2019 estimates. Neighboring counties: Census county adjacency file.