Taxes & Insurance in Franklin
Franklin carries a real, two-sided property tax picture -- above the national median, yet comparatively low within Milwaukee County -- alongside Wisconsin's statewide income tax.
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Learn moreA property tax rate low for Milwaukee County, high nationally
Franklin's median effective property tax rate (1.53%, Ownwell) runs above the 1.02% national median, yet multiple sources this pass specifically cited Franklin as having among the lowest tax rates in Milwaukee County -- genuinely lower than this same batch's Greenfield (1.98%) and Oak Creek (1.70%).
A real, address-specific multi-district tax complication
Franklin has multiple overlapping school districts, meaning three different tax rates may apply to a given tax bill depending on the specific address -- confirm current, address-specific district assignment directly.
Wisconsin's 4-bracket income tax applies statewide
Wisconsin's real, progressive state income tax (3.50%, 4.40%, 5.30%, and a top 7.65% over $315,310 for single filers, 2026) applies in Franklin exactly as it does statewide, with no local/county piggyback layer.
No Franklin-specific insurance premium figure found this pass
No homeowners-insurance premium figure distinct from Wisconsin's own statewide figures was found for Franklin specifically this pass. Franklin's comparatively high home values mean any statewide rate applies against a higher base. Confirm current, address-specific quotes directly.
Key takeaways
- Franklin's 1.53% effective property tax rate runs above the national median but low for Milwaukee County specifically.
- Multiple overlapping school districts mean up to three different tax rates may apply by address.
- Wisconsin's statewide flat-bracket income tax applies in Franklin with no local piggyback layer.
- Confirm current, address-specific tax and insurance figures directly given Franklin's multi-district structure.
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