Franklin County, Nebraska Property Taxes
Property Taxes in Franklin County, Nebraska
Median Franklin County effective property tax rate: 1.34%, significantly higher than the national median of 1.02%.
Median Franklin County home value: $69,155
Median annual Franklin County tax bill: $880, lower than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Franklin County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Franklin County or another part of Franklin County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Franklin County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$927
$860
How Does the Franklin County Property Tax Calculator Work?
Use this Franklin County property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Franklin County’s median effective tax rate of 1.34% to generate your estimate.
Enter your property’s estimated assessed value — the figure used for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Franklin County’s median tax rate is higher than Nebraska’s 1.39%?
Property Tax Rates Across Franklin County, Nebraska
What Are Effective Property Tax Rates Across Franklin County?
Local government entities set tax rates, which vary widely across Franklin County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Franklin County's effective property tax rate to other counties in Nebraska or the U.S. median of 1.02%.
Franklin County's median effective rate stands at 1.34%, which is higher than the national median of 1.02%. Within Franklin County, the highest rate is found in Upland at 1.83%, while Wilcox has the lowest at 0.78%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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
1.34%
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 Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Franklin County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomington | 0.89% | 0.93% | 1.39% | 1.41% | 1.44% |
| Campbell | 0.62% | 1.08% | 1.09% | 1.10% | 1.11% |
| Franklin | 0.91% | 0.93% | 1.41% | 1.43% | 1.46% |
| Hildreth | 0.79% | 0.93% | 1.34% | 1.35% | 1.37% |
| Naponee | 0.88% | 0.89% | 1.34% | 1.36% | 1.42% |
| Riverton | 0.88% | 0.89% | 1.33% | 1.35% | 1.41% |
| Upland | 0.79% | 1.00% | 1.83% | 1.87% | 1.89% |
| Wilcox | 0.78% | 0.78% | 0.78% | 0.79% | 0.80% |
| Inavale | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Franklin County, Nebraska
When examining property taxes 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 assessor 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 June.
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 Franklin County.
For example, the median tax bill in Franklin County is $880, compared with the national median property tax bill of $2400. Tax bills range significantly across the county, with Wilcox at the highest median home price of $373,065 and Riverton at the lowest median tax bill of $274.
Property Tax Assessment Values Across Franklin County, Nebraska
Source: Ownwell
$21,862
$197,464
$373,065
Median Franklin County Market Value
$69,155
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Franklin County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomington | $2,170 | $8,732 | $31,420 | $127,602 | $365,440 |
| Campbell | $13,576 | $27,298 | $48,850 | $87,972 | $247,601 |
| Franklin | $20,540 | $35,029 | $74,362 | $166,145 | $331,648 |
| Hildreth | $32,826 | $64,099 | $112,250 | $186,509 | $409,014 |
| Naponee | $5,324 | $16,978 | $38,680 | $204,888 | $382,693 |
| Riverton | $1,626 | $7,218 | $21,862 | $283,969 | $540,298 |
| Upland | $4,780 | $15,410 | $64,485 | $375,825 | $873,935 |
| Wilcox | $132,880 | $221,625 | $373,065 | $810,905 | $1,167,910 |
| Inavale | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Franklin County, Nebraska
Property tax bills in Franklin County are based on the assessed value of a home and the local tax rate applied to that value. When a property’s market value changes, the assessed amount can change too, which can raise or lower the bill. Local taxing authorities use this calculation to fund services such as schools, roads, and public safety, so the final amount depends on both the home’s value and the taxing jurisdictions that apply to it.
With a median home price of $69,155, Franklin County homeowners often see bills that are lower than many national figures, but the amount can still vary widely by location. The 25th percentile tax bill is $331, while the 75th percentile is $2,002 and the 90th percentile reaches $4,136. That spread means two similar homeowners may pay very different amounts depending on where they live and how their property is assessed. For homeowners, understanding the calculation can help explain why a bill changes and whether it reflects the home’s true market value.
Median Franklin County Tax Bill
$880
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Franklin County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomington | $30 | $83 | $389 | $1,372 | $3,670 |
| Campbell | $130 | $262 | $518 | $900 | $2,033 |
| Franklin | $237 | $429 | $1,011 | $1,975 | $3,368 |
| Hildreth | $376 | $802 | $1,404 | $2,096 | $4,137 |
| Naponee | $70 | $192 | $533 | $1,764 | $3,640 |
| Riverton | $22 | $91 | $274 | $2,515 | $4,802 |
| Upland | $71 | $263 | $1,126 | $3,672 | $7,691 |
| Wilcox | $1,040 | $1,740 | $2,930 | $6,322 | $9,143 |
| Inavale | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | franklin.gworks.com |