Franklin County Property Tax Rate
Vermont
Franklin County, Vermont has an effective property tax rate of 1.41%, which is 53% higher than the national average of 0.92%. On a home valued at $306,700, homeowners pay approximately $4,332 per year in property taxes. Franklin County ranks #13 out of 14 counties in Vermont for property tax rates.
$4,332
Per year
$306,700
2024 estimate
5.33%
Median income: $81,313
#13
of 14 counties in VT
Tax Breakdown
With Mortgage
$4,458
median annual tax
Without Mortgage
$4,023
median annual tax
Homeowners with a mortgage in Franklin County pay on average $435 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.
How Franklin County Compares
Top Counties in Vermont
Historical Property Tax Trends
| Year | Median Tax | Median Home Value | Effective Rate |
|---|---|---|---|
| 2020 | $3,747 | $219,200 | 1.71% |
| 2021 | $3,879 | $231,700 | 1.67% |
| 2022 | $4,186 | $263,200 | 1.59% |
| 2023 | $4,244 | $285,500 | 1.49% |
| 2024 | $4,332 | $306,700 | 1.41% |
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Vermont Property Tax Exemptions
Available to Franklin County homeowners
Homestead Declaration
Property taxes adjusted based on household income; may be significantly reduced
Primary residence owners who file a Homestead Declaration
Disabled Veteran
Up to $10,000 in assessed value for 50%+ disability; up to $40,000 for totally disabled
Veterans with service-connected disability of 50% or more
Property Tax Calculator
Estimate your annual property tax in Franklin County
Estimated Annual Property Tax
$4,230
$353/month · Rate: 1.41%
Nearby Counties
Quick Facts
Think your property tax is too high?
Homeowners save an average of $1,148/year by appealing their assessment.
Learn How to Appeal →Frequently Asked Questions
Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.