What is the property tax rate in Franklin, WI?

Franklin has an estimated effective property tax rate of 1.85%. On a median home valued at $343,400, homeowners pay approximately $6,369 per year in property taxes.

How does Franklin compare to Milwaukee County?

Franklin's effective rate of 1.85% is 4% lower than the Milwaukee County average of 1.93%. The county-wide median annual tax is $4,444, while Franklin homeowners pay an estimated $6,369.

How much are property taxes in Franklin on a $300,000 home?

Based on Franklin's effective rate of 1.85%, property taxes on a $300,000 home would be approximately $5,550 per year, or about $463 per month.

Franklin Property Tax Rate

Milwaukee County, Wisconsin

1.85%effective rate

Franklin is located in Milwaukee County, Wisconsin. Homeowners in Franklin pay a median of $6,369 per year in property taxes on a home valued at $343,400, resulting in an effective tax rate of 1.85%. This is 4% lower than the Milwaukee County average of 1.93%.

Effective Tax Rate🏠

1.85%

vs 1.93% county avg

Est. Annual Tax💰

$6,369

Per year

Median Home Value📊

$343,400

2024 estimate

Population📍

35,751

Franklin, WI

How Franklin Compares

Franklin

1.85%

Milwaukee County Average

1.93%

Wisconsin Average

1.42%

National Average

0.92%

Cities in Milwaukee County

Compare property tax rates for 6 cities in Milwaukee County, Wisconsin.

City	Population	Annual Tax	Rate
Milwaukee	569,756	$3,575	2.08%
West Allis	59,588	$3,916	2.04%
Wauwatosa	47,718	$5,879	1.91%
Greenfield	37,361	$4,714	1.90%
Franklin	35,751	$6,369	1.85%
Oak Creek	36,473	$5,617	1.84%

About Property Taxes in Franklin

Property taxes in Franklin are collected by Milwaukee County. Tax exemptions available to Milwaukee County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Franklin. For detailed information on available exemptions and the county tax collector, see the Milwaukee County property tax page.

Property Tax Calculator

Estimate your annual property tax in Franklin

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$5,550

$463/month · Rate: 1.85%

Milwaukee County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Wisconsin Property Taxes

Statewide rates, all 72 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. 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.