Franklin County, North Carolina Property Taxes
Property Taxes in Franklin County, North Carolina
Median Franklin County effective property tax rate: 0.62%, significantly lower than the national median of 1.02%.
Median Franklin County home value: $285,020
Median annual Franklin County tax bill: $1,804, 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, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$1,767
$1,640
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 0.62% to generate your estimate.
Enter your property’s estimated assessed value — the figure the appraisal district assigns 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. Franklin County’s median effective tax rate is lower than the North Carolina median property tax rate of 0.81% and the national median property tax rate of 1.02%.
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 property tax bill is $1,804, which is $596 lower than the North Carolina median.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Franklin County.
Property Tax Rates Across Franklin County, North Carolina
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 North Carolina or the U.S. median of 1.02%.
Franklin County's median effective rate stands at 0.62%, which is lower than the national median of 1.02%. Within Franklin County, the highest rate is found in Wake Forest at 0.98%, while Youngsville has the lowest at 0.62%.
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 Ă· 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
0.62%
Our median effective property tax rate (tax bill Ă· 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 North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Franklin County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bunn | 0.49% | 0.59% | 0.62% | 0.75% | 1.01% |
| Castalia | 0.35% | 0.59% | 0.66% | 0.69% | 0.73% |
| Franklinton | 0.59% | 0.60% | 0.62% | 0.68% | 1.34% |
| Henderson | 0.30% | 0.58% | 0.63% | 0.66% | 0.69% |
| Kittrell | 0.58% | 0.60% | 0.64% | 0.67% | 0.71% |
| Louisburg | 0.54% | 0.60% | 0.63% | 0.67% | 0.92% |
| Spring Hope | 0.56% | 0.60% | 0.63% | 0.66% | 0.68% |
| Wake Forest | 0.61% | 0.63% | 0.98% | 0.98% | 0.99% |
| Warrenton | 0.43% | 0.57% | 0.63% | 0.67% | 0.73% |
| Youngsville | 0.59% | 0.61% | 0.62% | 0.63% | 0.64% |
| Zebulon | 0.57% | 0.60% | 0.63% | 0.65% | 0.68% |
| Middlesex | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Franklin County, North Carolina
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 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 May.
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 $1,804, with tax bills ranging significantly across the county. Wake Forest has the highest median home price at $420,160.
Property Tax Assessment Values Across Franklin County, North Carolina
Source: Ownwell
$111,850
$266,005
$420,160
Median Franklin County Market Value
$285,020
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Franklin County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bunn | $67,406 | $123,494 | $178,600 | $273,944 | $464,998 |
| Castalia | $53,890 | $114,742 | $187,360 | $293,090 | $466,560 |
| Franklinton | $119,136 | $177,815 | $287,550 | $377,040 | $461,958 |
| Henderson | $50,958 | $113,150 | $164,870 | $248,774 | $380,470 |
| Kittrell | $48,273 | $108,645 | $160,335 | $242,730 | $350,172 |
| Louisburg | $76,514 | $135,140 | $211,260 | $326,570 | $471,768 |
| Spring Hope | $90,300 | $144,920 | $212,880 | $323,170 | $429,056 |
| Wake Forest | $319,130 | $362,585 | $420,160 | $508,270 | $645,464 |
| Warrenton | $42,000 | $54,410 | $111,850 | $182,780 | $270,702 |
| Youngsville | $204,075 | $276,280 | $365,215 | $453,365 | $570,144 |
| Zebulon | $108,960 | $178,900 | $263,630 | $390,030 | $536,508 |
| Middlesex | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Franklin County, North Carolina
Property tax bills in Franklin County, North Carolina are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. The county’s median home price is $285,020, and that value helps show how local tax bills can vary from one homeowner to another.
Homeowners in Franklin County typically see tax bills that reflect both the value of their property and the rates applied by local governments and districts. The 25th percentile tax bill is $1,120, while the 75th percentile is $2,542 and the 90th percentile is $3,477. That spread shows how much taxes can differ depending on home value and location. In Wake Forest, the highest median tax bill is $3,874, while Warrenton has the lowest median tax bill at $677. For homeowners, these differences can have a meaningful impact on annual housing costs.
Median Franklin County Tax Bill
$1,804
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Franklin County, North Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bunn | $447 | $814 | $1,173 | $1,714 | $2,501 |
| Castalia | $397 | $720 | $1,138 | $1,613 | $2,449 |
| Franklinton | $790 | $1,311 | $2,011 | $2,591 | $3,557 |
| Henderson | $311 | $673 | $1,017 | $1,414 | $1,879 |
| Kittrell | $355 | $687 | $1,018 | $1,467 | $2,003 |
| Louisburg | $445 | $862 | $1,332 | $2,044 | $2,866 |
| Spring Hope | $518 | $900 | $1,312 | $1,952 | $2,409 |
| Wake Forest | $2,459 | $3,382 | $3,874 | $4,278 | $4,850 |
| Warrenton | $246 | $379 | $677 | $1,075 | $1,291 |
| Youngsville | $1,246 | $1,700 | $2,232 | $2,757 | $3,432 |
| Zebulon | $660 | $1,094 | $1,589 | $2,290 | $3,076 |
| Middlesex | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 31 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | www.franklincountytax.us |