Franklin, Ohio — Tax Burden
What is the tax burden in Franklin, Ohio?
Franklin, Ohio has a total tax burden of 7.37%, ranking #5482 nationally. Property tax rate: 1.34%, state income tax: 1.397%, sales tax: 7.24%. Median household income is $52,966.
Source: US Census ACS, 2022
Ranked #5482 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
7.37%
Rank: 5482nd nationally
Property Tax Rate
1.34%
Rank: 2275th nationally
Income Tax Rate
1.397%
Ohio state rate
Sales Tax Rate
7.24%
State + local combined
Tax Burden Breakdown
Property (49%)Income (19%)Sales (32%)
Median Income: $52,966
Median Home Value: $141,200
Median Property Tax: $1,899/yr
Population: 11,672