Franklin County, Maine property tax
The median homeowner in Franklin County, Maine pays $1,897 a year in property tax on a home worth $176,700, an effective rate of 1.07%. The national effective rate is 0.98%.
What the rate means here
Franklin County taxes property at 1.07%, within a rounding error of the national 0.98%. The median bill of $1,897 therefore tracks the median home value of $176,700 fairly directly, which is not true everywhere.
It ranks #12 of 16 Maine counties by effective rate, against a statewide 1.10%, and #898 nationally. The state runs from 1.26% in Penobscot County down to 0.88% in Hancock County.
The median home costs 3.02 times the median household income of $58,522, against 3.86 nationally, which is a comfortable ratio by American standards. 77% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 30,145 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Franklin County | Maine | United States | |
|---|---|---|---|
| Effective property tax | 1.07% | 1.10% | 0.98% |
| Median tax bill | $1,897 | $2,926 | $2,969 |
| Median home value | $176,700 | $266,400 | $303,400 |
| Median gross rent | $759 | $1,084 | $1,348 |
| Median household income | $58,522 | $71,773 | $78,538 |
| Home price to income | 3.02× | 3.71× | 3.86× |
| Rent as share of income | 15.56% | 18.12% | 20.6% |
| Owner-occupied | 77% | 74.02% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 30,145.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Washington County | 1.12% | $1,654 | $147,100 |
| Lincoln County | 0.93% | $2,850 | $306,200 |
| Sagadahoc County | 1.12% | $3,365 | $300,200 |
| Waldo County | 1.08% | $2,593 | $239,100 |
| Knox County | 1.25% | $3,643 | $290,800 |
Franklin County property tax: common questions
What is the property tax rate in Franklin County, Maine?
The effective rate is 1.07% of home value, from a median tax bill of $1,897 against a median home value of $176,700. That is 0.09 points above the national 0.98%.
How much is property tax on a $400,000 home in Franklin County?
Roughly $4,280 a year at the county effective rate of 1.07%.
Is Franklin County expensive compared with the rest of Maine?
It ranks #12 of 16 Maine counties by effective property tax rate, and #898 of 2,826 nationally. That is 0.03 points below the Maine average of 1.10%.
What does housing cost in Franklin County?
The median home is worth $176,700 and median gross rent is $759 a month. Median household income is $58,522, which puts the home at 3.02 times annual income and rent at 15.56% of it.