Property tax in Franklin County, North Carolina

Updated

The median property tax bill in Franklin County, North Carolina is $1,834 a year, which is about 0.65% of the county's median home value of $284,300. That effective rate is about the same as the typical North Carolina county (0.65%) 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 0.65% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.


Estimated property tax: $1,848 / year

Property tax in Franklin County at a glance

Franklin County, North Carolina property tax (Census ACS, reviewed September 23, 2026)
MeasureValue
Median annual property tax$1,834
Median home value$284,300
Effective tax rate0.65%
Typical North Carolina county rate0.65%
National median county rate0.81%

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 North Carolina?

Among North Carolina's 100 counties, Franklin County has the 49th highest effective property-tax rate: 48 rank higher and 51 rank lower. That is near the middle for North Carolina. Nationally, it ranks 2086th of 3135 US counties by effective rate. See every North Carolina county ranked.

How much do homeowners in Franklin County actually pay?

The median is only the middle bill. Across Franklin County's 22,420 owner-occupied homes, 19.9% pay $3,000 or more a year in property tax, 42.9% pay at least $2,000, and 12.9% pay under $800. Another 2.6% report paying no property tax at all, which usually means an exemption covers the whole bill.

Annual property tax paid by Franklin County homeowners (Census ACS 2020-2024)
Annual billHomesShare
Under $8002,88712.9%
$800 to $1,4995,38424%
$1,500 to $1,9993,95517.6%
$2,000 to $2,9995,15223%
$3,000 or more4,45119.9%
No property tax paid5912.6%

Owners with a mortgage pay a median of $2,029 and owners without one pay $1,329. 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 $1,834 is about 2.1% of the median income of Franklin County homeowner households, $86,644 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 78.6% 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 $1,387 in 2015-2019 to $1,834 in 2020-2024, a 32.2% rise. Over the same span the median home value moved 89%, from $150,400 to $284,300. Bills rose more slowly than values, which is what assessment caps and falling millage rates do: the county is taxing a smaller share of each home's worth.

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 7 counties.

Franklin County and its neighbors, highest effective rate first (Census ACS 2020-2024)
CountyEffective rateMedian billMedian home value
Halifax County, NC1.15%$1,216$106,200
Vance County, NC0.78%$1,256$161,500
Nash County, NC0.71%$1,362$191,000
Wake County, NC0.71%$3,260$461,300
Warren County, NC0.71%$1,093$154,200
Granville County, NC0.67%$1,664$247,700
Franklin County, NC (this county)0.65%$1,834$284,300
Johnston County, NC0.62%$1,908$305,600

How is a home assessed in Franklin County?

North Carolina assesses homes at 100% of market value in every county, Franklin County included. How North Carolina assesses and reappraises homes.

Is there a homestead exemption in Franklin County?

No. North Carolina has no general homestead exemption; relief is targeted to older and disabled owners and to disabled veterans. That is the North Carolina rule, and it applies in Franklin County. North Carolina's exemptions and relief programs in full.

When are property taxes due in Franklin County?

A single annual bill, due September 1. You can pay without interest through January 5; anything paid on or after January 6 is delinquent and accrues interest.

That is the North Carolina 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 County Board of Equalization and Review, then the Property Tax Commission. The filing deadline is typically before the county board adjourns (varies by county). That is the North Carolina rule; Franklin County sets the exact dates and forms. The North Carolina appeal process step by step.

North Carolina rules from primary state sources, reviewed September 7, 2026; sources on the North Carolina page.

Work out your own numbers

Sources