Property Tax in Franklin County
via TaxByCounty
Franklin County taxes fall well below national
At 0.533%, Franklin County's effective tax rate sits 8% below the national median of 0.579%, placing it in the 40th percentile nationally. Median property taxes of $1,188 represent less than half the national median of $2,690, making this a tax-friendly jurisdiction.
Franklin County ranks among state's lowest
Franklin County's 0.533% effective rate sits 20% below Virginia's state average of 0.671%, ranking it among the commonwealth's most affordable counties for property tax burden. Annual median taxes of $1,188 are 39% below the state median, offering genuine savings.
Franklin County offers low-tax alternative
Franklin County's 0.533% rate undercuts neighboring Fluvanna County (0.651%) and dramatically beats Franklin city (0.738%) just miles away. This municipal-versus-county distinction means choosing Franklin County over the city saves hundreds annually on equivalent properties.
Franklin County residents pay $1,188 yearly
With a median home value of $222,800 and a 0.533% effective rate, typical Franklin County homeowners pay around $1,188 in annual property taxes. This modest burden reflects both lower property values and light tax policy throughout the county.
Franklin County homeowners should verify value
Even with low tax rates, properties may still be overassessed relative to recent market comparables—especially in changing markets. A reassessment appeal is a simple, no-cost first step to ensure your valuation reflects current conditions.