How much are property taxes in Franklin Town, MA?
Homeowners in Franklin Town, MA pay a median of $7,044 (±$252) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $7,170.
Homes without a mortgage pay a median of $6,798.
That is about 1.2% of the median home value of $611,700.
In Franklin Town, the median real estate tax went from $5,428 in 2015–2019 to $7,044 in 2020–2024 (+29.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median real estate taxes
- $7,044 (±$252)
- With a mortgage
- $7,170
- Without a mortgage
- $6,798
- Share of median value
- 1.2%
Real estate taxes in Franklin Town against Norfolk County, its state and the nation
| Franklin Town | Norfolk County | Massachusetts | United States | |
|---|---|---|---|---|
| Median real estate taxes | $7,044 (±$252) | $7,261 (±$65) | $5,992 (±$18) | $3,119 |
| Homes with a mortgage | $7,170 (±$337) | $7,261 (±$78) | $5,987 (±$25) | $3,489 |
| Homes without a mortgage | $6,798 (±$306) | $7,260 (±$109) | $6,001 (±$37) | $2,576 |
| Median home value | $611,700 (±$17,310) | $683,900 (±$5,690) | $562,100 (±$2,169) | $332,700 |
In Franklin Town, the median real estate tax is not measurably different from Norfolk County ($7,261).
It is also higher than in Massachusetts ($5,992).
It is higher than the national figure ($3,119).
In Norfolk County, Franklin Town ranks 17 of 28 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 94 of 351.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Franklin Town
The median tax ($7,044) is 1.2% of the median home value ($611,700).
Across Norfolk County the same ratio is 1.1%.
Across Massachusetts it is 1.1%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Franklin Town have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $5,428 (±$199) | $7,044 (±$252) | +29.8% | Up after inflation |
| Median home value | $432,700 (±$9,692) | $611,700 (±$17,310) | +41.4% | Up after inflation |
| Median owner cost with a mortgage | $2,465 (±$65) | $2,904 (±$91) | +17.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Franklin Town
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Franklin Town | — | $7,044 (±$252) | — |
| Bellingham | 3.3 mi | $5,030 (±$291) | Lower |
| Wrentham | 3.5 mi | $7,373 (±$364) | Not measurably different |
| Bellingham (community) | 3.5 mi | $4,477 (±$276) | Lower |
| Norfolk | 4.7 mi | $9,651 (±$393) | Higher |
| Medway | 5.0 mi | $8,730 (±$266) | Higher |
| Plainville | 6.3 mi | $5,329 (±$557) | Lower |
| Millis-Clicquot | 6.5 mi | $8,581 (±$316) | Higher |
| Millis | 6.6 mi | $9,344 (±$422) | Higher |
Nearby places with a measurably lower figure: Bellingham, MA ($5,030), Bellingham (community), MA ($4,477), Plainville, MA ($5,329).
Nearby places with a measurably higher figure: Norfolk, MA ($9,651), Medway, MA ($8,730), Millis-Clicquot, MA ($8,581).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Norfolk County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 11 | Millis | $9,344 (±$422) |
| 12 | Medway | $8,730 (±$266) |
| 13 | Walpole | $8,523 (±$302) |
| 14 | Dedham | $7,918 (±$318) |
| 15 | Wrentham | $7,373 (±$364) |
| 16 | Foxborough | $7,275 (±$311) |
| 17 | Franklin Town | $7,044 (±$252) |
| 18 | Avon | $6,627 (±$664) |
| 19 | Canton | $6,560 (±$204) |
| 20 | Quincy | $6,381 (±$152) |
| 21 | Stoughton | $6,215 (±$174) |
| 22 | Norwood | $6,111 (±$138) |
| 23 | Holbrook | $6,105 (±$232) |
Showing 13 of 28 places in Norfolk County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Franklin Town
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Franklin Town beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Franklin Town, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Franklin Town, and send estimates and invoices from your phone.
Questions about Franklin Town
How much are property taxes in Franklin Town?
The median real estate tax paid by homeowners in Franklin Town, MA is $7,044 (±$252) a year (2020–2024 American Community Survey).
What is the property tax rate in Franklin Town?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.2% of the median home value in Franklin Town, and the actual rate is set by the town, county and school district.
Have property taxes in Franklin Town gone up?
In Franklin Town, the median real estate tax went from $5,428 in 2015–2019 to $7,044 in 2020–2024 (+29.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Are property taxes in Franklin Town higher than in Norfolk County?
In Franklin Town, the median real estate tax is not measurably different from Norfolk County ($7,261).
It is also higher than in Massachusetts ($5,992).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Franklin Town city, Massachusetts
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin Town city, Massachusetts
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Franklin Town city, Massachusetts
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin Town city, Massachusetts
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Franklin Town city, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Franklin Town city, Massachusetts (place:25172, in state:25).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Franklin Town at a glance
- Median rent in Franklin Town
- Rent by bedrooms in Franklin Town
- Rent burden in Franklin Town
- Renters and owners in Franklin Town
- Income and affordability in Franklin Town
- Home values in Franklin Town
- Homeowner costs in Franklin Town
- Types of homes in Franklin Town
- Bedrooms in Franklin Town
- Age of homes in Franklin Town
- Vacancy rate in Franklin Town
- Heating fuel in Franklin Town
- Commute and cars in Franklin Town
- Crime reported to police in Franklin Town
- Population growth in Franklin Town
- How long people stay in Franklin Town
- Crowding and facilities in Franklin Town
- Massachusetts landlord and tenant rules
- Housing across Norfolk County
- Massachusetts places ranked by property taxes
- Housing data for every place in Massachusetts