Franklin County Property Taxes
The median property tax rate in Franklin County is 0.71%, which is notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $384,600, the typical annual property tax bill in Franklin County is around $2,758, which is close to the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Franklin County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Pasco or another part of Franklin County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Franklin County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$2,731
$2,534
Ownwell’s Franklin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Franklin with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Franklin to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Franklin County, Washington
Property taxes in Franklin play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Franklin is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Franklin set these rates annually, and they can vary significantly between different areas within the county. Each year, Franklin estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Boise has one of the higher property tax rates in the region at 0.81%, while the city of Kahlotus boasts one of the lowest at 0.52%. Analyzing how Franklin's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Franklin County Tax Rate
0.71%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Franklin County, Washington
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Auburn | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Boise | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Bonners Ferry | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Bow | 0.72% | 0.72% | 0.72% | 0.72% | 0.72% |
Chino Hills | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Connell | 0.56% | 0.58% | 0.65% | 0.72% | 0.76% |
Eltopia | 0.50% | 0.53% | 0.68% | 0.72% | 0.75% |
Grand Terrace | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Grandview | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
Kahlotus | 0.39% | 0.44% | 0.52% | 0.58% | 0.75% |
Kennewick | 0.48% | 0.62% | 0.67% | 0.70% | 0.73% |
Kingston | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Las Vegas | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Lodi | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Mesa | 0.52% | 0.52% | 0.56% | 0.65% | 0.73% |
Milwaukie | N/A | N/A | N/A | N/A | N/A |
Oregon City | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Othello | 0.52% | 0.52% | 0.61% | 0.71% | 0.73% |
Pasco | 0.61% | 0.68% | 0.71% | 0.75% | 0.79% |
Quincy | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
Richland | 0.17% | 0.35% | 0.64% | 0.67% | 0.70% |
Roslyn | 0.71% | 0.71% | 0.71% | 0.71% | 0.71% |
Sammamish | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
View Park | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Walla Walla | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Washtucna | 0.48% | 0.50% | 0.54% | 0.55% | 0.56% |
West Richland | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% |
Yakima | 0.46% | 0.51% | 0.59% | 0.68% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Franklin County, Washington
In Franklin County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Franklin County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Franklin County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Franklin County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Franklin County's highest median tax bill is in Quincy at $4,982, while the lowest is in Washtucna at $444. With a median home price of $384,600, the tax bill for the 25th percentile is $2,010, and for the 75th percentile, it is $3,471. Recognizing these figures can aid in better financial planning and property tax management.
Property Tax Assessment Values Across Franklin County, Washington
Source: Ownwell
$79,000
$400,800
$722,600
Average Franklin County Assessed Value
$384,600
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Franklin County, Washington
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | $134,500 | $134,500 | $134,500 | $134,500 | $134,500 |
Auburn | $187,500 | $187,500 | $187,500 | $187,500 | $187,500 |
Boise | $329,100 | $329,100 | $329,100 | $329,100 | $329,100 |
Bonners Ferry | $462,400 | $462,400 | $462,400 | $462,400 | $462,400 |
Bow | $357,500 | $357,500 | $357,500 | $357,500 | $357,500 |
Chino Hills | $348,900 | $348,900 | $348,900 | $348,900 | $348,900 |
Connell | $8,790 | $102,550 | $229,250 | $331,525 | $411,310 |
Eltopia | $33,380 | $188,950 | $364,700 | $459,900 | $605,660 |
Grand Terrace | $486,500 | $486,500 | $486,500 | $486,500 | $486,500 |
Grandview | $267,900 | $267,900 | $267,900 | $267,900 | $267,900 |
Kahlotus | $12,520 | $36,550 | $93,400 | $182,075 | $273,100 |
Kennewick | $82,550 | $159,500 | $282,250 | $366,900 | $409,250 |
Kingston | $445,000 | $445,000 | $445,000 | $445,000 | $445,000 |
Las Vegas | $462,800 | $462,800 | $462,800 | $462,800 | $462,800 |
Lodi | $339,000 | $339,000 | $339,000 | $339,000 | $339,000 |
Mesa | $7,110 | $9,125 | $120,550 | $284,750 | $405,770 |
Milwaukie | N/A | N/A | N/A | N/A | N/A |
Oregon City | $288,700 | $288,700 | $288,700 | $288,700 | $288,700 |
Othello | $10,120 | $32,500 | $115,400 | $434,000 | $566,840 |
Pasco | $230,900 | $327,200 | $392,850 | $485,500 | $637,750 |
Quincy | $722,600 | $722,600 | $722,600 | $722,600 | $722,600 |
Richland | $299,500 | $307,900 | $321,900 | $321,950 | $321,980 |
Roslyn | $416,800 | $416,800 | $416,800 | $416,800 | $416,800 |
Sammamish | $576,700 | $576,700 | $576,700 | $576,700 | $576,700 |
View Park | $405,900 | $405,900 | $405,900 | $405,900 | $405,900 |
Walla Walla | $182,700 | $182,700 | $182,700 | $182,700 | $182,700 |
Washtucna | $22,680 | $43,800 | $79,000 | $243,350 | $341,960 |
West Richland | $360,900 | $360,900 | $360,900 | $360,900 | $360,900 |
Yakima | $96,000 | $140,100 | $213,600 | $287,100 | $331,200 |
Source: Ownwell
Property Tax Bills Across Franklin County, Washington
In Franklin County, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $384,600. Property taxes are assessed annually, and the amount homeowners pay can vary significantly. For instance, the 25th percentile tax bill is $2,010, while the 75th percentile reaches $3,471, and the 90th percentile climbs to $4,483. This range shows how different factors, such as property value and specific tax levies, can influence the final bill. Compared to the national median property tax rate of 0.99%, Franklin County's tax bills reflect the local government's revenue needs and budget allocations. For homeowners, this means that property taxes can be a significant expense, influencing decisions on buying or selling property. In Franklin County, the highest median tax bill is found in Quincy at $4,982, while Washtucna has the lowest at $444, highlighting the variability within the region.
Average Franklin County Tax Bill
$2,758
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Franklin County, Washington
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | $914 | $914 | $914 | $914 | $914 |
Auburn | $1,304 | $1,304 | $1,304 | $1,304 | $1,304 |
Boise | $2,670 | $2,670 | $2,670 | $2,670 | $2,670 |
Bonners Ferry | $3,458 | $3,458 | $3,458 | $3,458 | $3,458 |
Bow | $2,580 | $2,580 | $2,580 | $2,580 | $2,580 |
Chino Hills | $2,454 | $2,454 | $2,454 | $2,454 | $2,454 |
Connell | $50 | $613 | $1,509 | $2,253 | $2,906 |
Eltopia | $186 | $977 | $2,289 | $3,154 | $3,843 |
Grand Terrace | $3,259 | $3,259 | $3,259 | $3,259 | $3,259 |
Grandview | $1,840 | $1,840 | $1,840 | $1,840 | $1,840 |
Kahlotus | $77 | $232 | $454 | $892 | $1,264 |
Kennewick | $570 | $1,034 | $1,622 | $1,830 | $2,307 |
Kingston | $3,105 | $3,105 | $3,105 | $3,105 | $3,105 |
Las Vegas | $3,165 | $3,165 | $3,165 | $3,165 | $3,165 |
Lodi | $2,304 | $2,304 | $2,304 | $2,304 | $2,304 |
Mesa | $38 | $51 | $726 | $1,685 | $2,710 |
Milwaukie | N/A | N/A | N/A | N/A | N/A |
Oregon City | $1,938 | $1,938 | $1,938 | $1,938 | $1,938 |
Othello | $57 | $181 | $864 | $2,950 | $4,116 |
Pasco | $1,246 | $2,199 | $2,831 | $3,535 | $4,572 |
Quincy | $4,982 | $4,982 | $4,982 | $4,982 | $4,982 |
Richland | $538 | $1,104 | $2,048 | $2,170 | $2,243 |
Roslyn | $2,970 | $2,970 | $2,970 | $2,970 | $2,970 |
Sammamish | $4,354 | $4,354 | $4,354 | $4,354 | $4,354 |
View Park | $3,025 | $3,025 | $3,025 | $3,025 | $3,025 |
Walla Walla | $1,148 | $1,148 | $1,148 | $1,148 | $1,148 |
Washtucna | $120 | $242 | $444 | $1,325 | $1,854 |
West Richland | $1,911 | $1,911 | $1,911 | $1,911 | $1,911 |
Yakima | $531 | $898 | $1,510 | $2,121 | $2,489 |
Source: Ownwell