Franklin, Tennessee — Tax Burden
What is the tax burden in Franklin, Tennessee?
Franklin, Tennessee has a total tax burden of 5.74%, ranking #6200 nationally. Property tax rate: 0.48%, state income tax: 0.000%, sales tax: 9.55%. Median household income is $106,592.
Source: US Census ACS, 2022
Ranked #6200 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
5.74%
Rank: 6200th nationally
Property Tax Rate
0.48%
Rank: 6276th nationally
Income Tax Rate
0.000%
Tennessee state rate
Sales Tax Rate
9.55%
State + local combined
Tax Burden Breakdown
Property (45%)Income (0%)Sales (55%)
Median Income: $106,592
Median Home Value: $574,000
Median Property Tax: $2,756/yr
Population: 83,630