Franklin, Indiana — Tax Burden
Ranked #5385 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
7.54%
Rank: 5385th nationally
Property Tax Rate
0.81%
Rank: 4374th nationally
Income Tax Rate
3.050%
Indiana state rate
Sales Tax Rate
7.00%
State + local combined
Tax Burden Breakdown
Property (29%)Income (40%)Sales (31%)
Median Income: $72,344
Median Home Value: $195,100
Median Property Tax: $1,578/yr
Population: 26,073