Franklin city, VA Property Taxes (2026)

Franklin city owners pay a median of $1,677 a year on a median home value of $227,200, an effective rate of 0.74%. That's the 43rd-highest rate of 133 Virginia counties with Census data, above the Virginia county median of 0.63%.

Updated October 2026 · Data: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023)

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Effective tax rate

0.74%

43rd highest of 133 in VA

Median annual bill

$1,677

~$140/month

Median home value

$227,200

Virginia county median

0.63%

Effective rate

What a protest could save you in Franklin city

Enter the market value from your appraisal notice. We apply Franklin city's 0.74% effective rate and a 10–15% reduction, the typical range for successful protests.

$
Est. annual tax
$1,681
Savings at 10–15% off
$168–$252
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Franklin city vs. Virginia vs. U.S. property tax rates

Franklin city0.74%
Virginia county median0.63%
U.S. county median0.84%

Key stat: Franklin city's effective property tax rate is 0.74%, vs. 0.63% for the median Virginia county and 0.84% for the median U.S. county. It ranks 43rd of 133 in Virginia. Effective rate = median tax bill ÷ median home value, so it already reflects typical exemptions. (Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023))

How to appeal your property taxes in Franklin city

  1. 1

    Review your assessment notice

    Check the assessed value from the Franklin city Commissioner of the Revenue. Compare it to recent sales of similar homes nearby.

  2. 2

    File your appeal before the deadline

    The Franklin city deadline is Varies by locality. Missing it means waiting until the next assessment year.

  3. 3

    Gather evidence

    Recent comparable sales, photos of condition issues, repair estimates or an independent appraisal.

  4. 4

    Present your case

    Submit evidence or attend a hearing with the Commissioner of the Revenue.

  5. 5

    Get your decision

    If you win, your assessed value and bill go down. On a $1,677 bill, 10–15% off is $168–$252 a year.

Want help with it?

TaxDrop builds your case from comparable sales data.

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Property tax exemptions in Virginia

Virginia homeowners may qualify for exemptions that reduce taxable value. Check with the Franklin city Commissioner of the Revenue for amounts.

Homestead exemption

For your primary residence. Reduces the value used to calculate your bill.

Senior / over-65

Many states add an exemption or freeze for owners 65 and older.

Disability

For homeowners with qualifying disabilities, often similar to the over-65 benefit.

Veterans

Disabled veterans may get partial or full exemptions depending on rating.

Frequently Asked Questions

What is the property tax rate in Franklin city, Virginia?
The median effective property tax rate in Franklin city is 0.74%: a median annual bill of $1,677 on a median home value of $227,200. That's the 43rd-highest rate of 133 Virginia counties with Census data. Your own rate depends on which city, school district and special districts you're in. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023).
How much are property taxes in Franklin city?
The median Franklin city property tax bill is $1,677 a year, about $140 a month, compared with a Virginia county median of $1,532.
What is the deadline to appeal property taxes in Franklin city?
The deadline to appeal in Franklin city is Varies by locality. Missing it means waiting until the next assessment cycle.
Is Franklin city a high property tax area?
Franklin city's 0.74% effective rate is above the Virginia county median of 0.63% and below the U.S. county median of 0.84%. That's the 43rd-highest rate of 133 Virginia counties with Census data.
Can TaxDrop help lower my Franklin city property taxes?
TaxDrop analyzes your property against local comparable sales and helps you appeal your assessment.

Property taxes in nearby counties

← All 133 Virginia counties

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