StateRates

Franklin County, Texas property tax

The median homeowner in Franklin County, Texas pays $1,944 a year in property tax on a home worth $213,200, an effective rate of 0.91%. The national effective rate is 0.98%.

Effective rate 0.91% #193 of 202 in Texas
Median tax bill $1,944 per year
Median home value $213,200 owner-occupied
Median income $66,800 household

What the rate means here

Franklin County taxes property at 0.91%, within a rounding error of the national 0.98%. The median bill of $1,944 therefore tracks the median home value of $213,200 fairly directly, which is not true everywhere.

It ranks #193 of 202 Texas counties by effective rate, against a statewide 1.58%, and #1,230 nationally. The state runs from 2.09% in El Paso County down to 0.60% in Ward County.

The median home costs 3.19 times the median household income of $66,800, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. This is a small rural county of 10,522 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,275 per year at 0.91%
$400,000 home $3,640 per year at 0.91%
$600,000 home $5,460 per year at 0.91%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Franklin County, Texas against Texas and the country
Franklin County Texas United States
Effective property tax 0.91% 1.58% 0.98%
Median tax bill $1,944 $4,111 $2,969
Median home value $213,200 $260,400 $303,400
Median gross rent $948 $1,339 $1,348
Median household income $66,800 $76,292 $78,538
Home price to income 3.19× 3.41× 3.86×
Rent as share of income 17.03% 21.06% 20.6%
Owner-occupied 79.38% 62.56% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 10,522.

Nearby counties of similar size

Other Texas counties
County Rate Median bill Home value
Clay County 1.36% $2,194 $161,300
Sabine County 1.00% $1,315 $131,900
Runnels County 1.46% $1,518 $103,700
Ochiltree County 1.40% $1,924 $137,200
Duval County 1.08% $931 $86,400

Franklin County property tax: common questions

What is the property tax rate in Franklin County, Texas?

The effective rate is 0.91% of home value, from a median tax bill of $1,944 against a median home value of $213,200. That is 0.07 points below the national 0.98%.

How much is property tax on a $400,000 home in Franklin County?

Roughly $3,640 a year at the county effective rate of 0.91%.

Is Franklin County expensive compared with the rest of Texas?

It ranks #193 of 202 Texas counties by effective property tax rate, and #1230 of 2,826 nationally. That is 0.67 points below the Texas average of 1.58%.

What does housing cost in Franklin County?

The median home is worth $213,200 and median gross rent is $948 a month. Median household income is $66,800, which puts the home at 3.19 times annual income and rent at 17.03% of it.