Current Rate (FY 2025–26)

• Franklin County: $0.5050 per $100 of assessed value
• FY 2026–27 proposed: No rate increase per the County Manager’s May 4, 2026 budget message
• Comparison — Wake County (FY 2026–27): $0.5371 per $100, after a 2-cent increase adopted June 1, 2026

Example Bill

A home assessed at $284,000 (the Franklin County median per the Census ACS) pays roughly $1,434/year in county property tax at the current rate. Properties inside town limits also pay their town’s rate on top.

Town rates layered on top of the county rate vary:

• Louisburg, Franklinton, Youngsville, and Bunn each set their own town property tax rate — see each town’s budget page for the current rate.
• Unincorporated Franklin County residents pay county rate only.

Look Up Your Property

Two official tools cover everything you need:

• Franklin County Maps (GIS) — search by address, owner, or parcel number; shows assessed value, deed history, zoning
• Franklin County Tax Online — pay tax bills, view payment history, download receipts

How to Appeal Your Assessment

1. Informal review — contact the Tax Administration office at (919) 496-1995 or via franklincountync.gov/295.
2. Formal appeal to the Board of Equalization & Review — file the electronic form at franklincountync.gov/421 within the deadline posted each spring.
3. NC Property Tax Commission appeal if BoER denies.

Revaluation Cycle

Franklin County reassesses real property on a six-year cycle. The last revaluation was 2024; the next is scheduled for 2030. Wake County, by contrast, moved to a four-year cycle.

Senior & Disabled Exemptions

• Elderly or Disabled Homestead Exclusion — excludes the greater of $25,000 or 50% of assessed value (NC-wide program; income limit applies)
• Circuit Breaker Tax Deferment — caps tax for income-qualifying seniors 65+ or disabled
• Disabled Veteran Exclusion — excludes up to $45,000 for honorably discharged service-connected disabled veterans
• Apply through the Property Tax Relief page

Bill Timing

Tax bills are mailed in late summer (typically August). Payment is due by January 5 of the following year per NC General Statute. Interest accrues on unpaid balances after that date.