Property Tax in Franklin County
via TaxByCounty
Franklin County taxes rank among nation's lowest
Franklin County's effective tax rate of 0.503% places it well below the national median tax burden, with median annual taxes of $598 compared to the national median of $2,690. Property owners here enjoy exceptional affordability by national standards.
Slightly below Arkansas average
At 0.503%, Franklin County's effective rate runs about 5.5% below the Arkansas state average of 0.532%, positioning it in the lower-middle tier statewide. The median tax of $598 sits below the state median of $705, offering moderate savings.
Favorable rates in northwest context
Franklin County's 0.503% rate sits between Crawford County (0.532%) and Drew County (0.448%), offering competitive affordability in its region. With median home values of $118,800, Franklin balances reasonable property costs with a favorable tax rate.
Median Franklin County home costs $598 yearly
A homeowner with the county's median-valued property of $118,800 pays approximately $598 in annual property taxes. With a mortgage, that bill may climb to $764; without one, it falls to $538.
Challenge your assessment if needed
Franklin County homeowners should verify their assessed values match recent market comparable sales in the area. If your property is assessed above fair market value, a formal appeal to the county assessor could reduce your annual tax burden.