Florida, Franklin County, Massachusetts Property Taxes
Property Taxes in Florida, Massachusetts
Median Florida, Massachusetts effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, and lower than the Massachusetts state median of 1.15%.
Median Florida, Massachusetts home value: $251,900
Median annual Florida, Massachusetts tax bill: $2,265, $135 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Florida, Massachusetts are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Florida's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Florida, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Florida, Franklin County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$2,267
$2,104
How Does the Florida Property Tax Calculator Work?
Use this Florida property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Florida's median effective tax rate of 0.90% — based on actual property records in Franklin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Florida's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Florida: rates range from the lowest ZIP rate to the highest ZIP rate, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Florida.
About Florida Property Taxes
About Property Taxes in Florida, Franklin, Massachusetts
Florida's median effective property tax rate of 0.90% is lower than the Massachusetts state median of 1.15% and lower than the national median of 1.02%. This rate reflects the Franklin County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Florida. Homeowners in the highest ZIP code carry a median effective rate of 0.90%, while those in the lowest ZIP code pay 0.90%. This spread reflects how school district boundaries and local assessment districts are drawn across Franklin County. Understanding which part of Florida you live in can make a meaningful difference to your annual tax bill.
Florida homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the February 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Florida, Franklin County, Massachusetts
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Florida's effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Florida Tax Rate
0.90%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Franklin County Tax Rate
1.47%
Median Effective Massachusetts Tax Rate
1.15%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Florida, Franklin County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01247 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Florida, Franklin County, Massachusetts
When examining property taxes in Florida in Franklin County, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Franklin County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Franklin County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Florida.
For example, the median home price in Florida is $251,900, with tax bills ranging significantly across the county. The median tax bill is $2,265, which is below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Florida, Franklin County, Massachusetts
Source: Ownwell
$136,800
$284,700
$432,600
Median Florida Market Value
$251,900
Median Franklin County Market Value
$294,500
Median Massachusetts Market Value
$561,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Florida, Franklin County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01247 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Florida, Franklin County, Massachusetts
How are property tax bills calculated in Florida?
Property tax bills in Florida are based on the assessed value of a home, which is determined by the local property appraiser and used to calculate the amount owed. The tax bill is shaped by the home’s market value, any exemptions that apply, and the tax rates set by local governments and taxing authorities. For homeowners in Florida, the bill reflects how much taxable value remains after exemptions are applied, then that amount is multiplied by the combined local tax rate.
What factors affect the final bill? A home’s assessed value, location, and eligibility for exemptions all play a role. In Franklin County, the median home price is $251,900, and the typical tax bill is $2,265, which is below the national median property tax bill of $2,400 and slightly below the national median property tax rate of 1.02%.
How does this affect homeowners? Higher assessed values or fewer exemptions can increase the bill, while successful appeals may lower it.
Median Florida Tax Bill
$2,265
Median Franklin County Tax Bill
$4,331
Median Massachusetts Tax Bill
$6,068
Median United States Tax Bill
$2,400
Property Tax Bills Across Florida, Franklin County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01247 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 1 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | franklin.patriotproperties.com |