Franklin city, Virginia Property Taxes (2026)
Franklin city homeowners pay a median property tax of $1,677/year on a median home value of $227,200 — an effective rate of 0.74%, which is below the national median of 1.02%. Franklin city has a population of approximately 8,212.
Effective Tax Rate
0.74%
Higher than the Virginia median of 0.63%
Median Home Value
$227,200
Annual Tax Bill
$1,677
~$140/month
Est. Annual Savings
$252
If reduced by 15%
Franklin city, Virginia Property Tax Calculator
Enter your address to instantly see if you're overpaying on property taxes. Our tool compares your assessed value against recent comparable sales in Franklin city to estimate your potential savings.
- Takes less than 2 minutes
- Uses real Franklin city comparable sales data
- 100% free — no credit card required
Average Annual Savings
$252
Estimated savings for Franklin city homeowners
Property Tax Rates: Franklin city vs. Virginia vs. National
Key stat: The effective property tax rate in Franklin city, Virginia is 0.74%, compared to the Virginia median of 0.63% and the national median of 1.02%. (Source: U.S. Census Bureau, ACS 5-Year Estimates)
How Franklin city Compares Across Virginia
See where Franklin city's tax metrics fall relative to all 133 Virginia counties.
Tax Rate Distribution
Percentile distribution across all Virginia counties
10th
0.00%
25th
0.54%
Median
0.63%
75th
0.78%
90th
1.00%
Home Value Distribution
Percentile distribution across all Virginia counties
10th
$126,000
25th
$172,100
Median
$240,900
75th
$333,600
90th
$456,720
Tax Bill Distribution
Percentile distribution across all Virginia counties
10th
$748
25th
$962
Median
$1,532
75th
$2,399
90th
$3,255
Franklin city Commissioner of the Revenue Information
Franklin city Commissioner of the Revenue
Assessing Authority
Franklin city Commissioner of the Revenue
Appeal Deadline
Varies by locality
Virginia appeal filing deadline
State
Virginia
How to appeal
Let TaxDrop handle it for you →How to Appeal Your Property Taxes in Franklin city
If you own property in Franklin city, you have the legal right to appeal your assessed value. Here is the step-by-step process:
Review your assessment notice
Check the assessed value from the Franklin city Commissioner of the Revenue. Compare it to recent sales of similar homes in your area.
File your appeal before the deadline
The Virginia deadline is Varies by locality. Missing this deadline means waiting until the next assessment year.
Gather supporting evidence
Compile recent comparable sales, photos of property condition issues, independent appraisals, or any factors that reduce your home's value.
Present your case
Attend a hearing or submit your evidence to the Commissioner of the Revenue. Present clear data showing your assessed value is too high.
Receive your decision
If successful, your assessed value and tax bill will be reduced. With a median bill of $1,677, even a 10-15% reduction means $168-$252 in annual savings.
Skip the hassle — let TaxDrop handle it
TaxDrop's licensed consultants analyze your property, build your case with comparable sales data, and represent you through the entire appeal process. You pay nothing unless we save you $500 or more.
Property Tax Exemptions in Virginia
Virginia homeowners may qualify for exemptions that reduce their taxable value. Common exemptions include:
Homestead Exemption
Available to primary residence owners. Reduces the assessed value used to calculate your tax bill.
Senior/Over-65 Exemption
Additional exemption for homeowners age 65+. May include a tax ceiling that freezes your bill.
Disability Exemption
For homeowners with qualifying disabilities. Similar benefits to the over-65 exemption.
Veteran Exemption
Disabled veterans may receive partial or full exemptions depending on disability rating.
Frequently Asked Questions
What is the property tax rate in Franklin city, Virginia?
How much are property taxes in Franklin city?
How do I appeal my property taxes in Franklin city?
Is Franklin city a high property tax area?
What is the deadline to appeal property taxes in Virginia?
Can TaxDrop help lower my Franklin city property taxes?
Nearby Counties
Falls Church city
Rate: 0.99%
Tax bill: $10,001
Fauquier County
Rate: 0.77%
Tax bill: $4,185
Floyd County
Rate: 0.52%
Tax bill: $1,122
Fluvanna County
Rate: 0.65%
Tax bill: $1,835
Franklin County
Rate: 0.53%
Tax bill: $1,188
Frederick County
Rate: 0.51%
Tax bill: $1,807
Fredericksburg city
Rate: 0.62%
Tax bill: $2,853
Galax city
Rate: 0.76%
Tax bill: $962
Stop overpaying on property taxes
30-60% of properties are over-assessed, but only 5% of homeowners challenge their bill. TaxDrop makes it easy to fight back. No upfront cost. No fee if we save you less than $500.
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