Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. See products & pricing →
Property Tax — Tax Year 2026 (payable 2027)i
City/town government levies only. Does not include county, school, library, or township levies. Your total property tax rate will be higher.
Composite Ratei
2.36%–3.27%-4.4%YoY
Varies by school district
Municipal Portioni
0.9813%-8.6%YoY34.9% of total
Effective Ratei
2.36%–3.27%Median Home Valuei
$140,400Rate varies by school district. Your actual rate depends on which school district your property falls in.
Rate Trend — click a year to explorei
20252026
Where Your Tax Dollar Goesi
$0.50 FRANKTON-LAPEL COMMUNITY SCHOOL CORP $0.48 ELWOOD COMMUNITY SCHOOL CORPORATION $0.47 ANDERSON COMMUNITY SCHOOL CORPORATION $0.35 ALEXANDRIA COMMUNITY SCHOOL CORPORATION $0.28 SOUTH MADISON COMMUNITY SCHOOL CORP $0.10 FRANKTON - STORM SEWER BOND $0.10 ANDERSON-ANDERSON, STONEY CREEK UNION TO $0.07 ALEXANDRIA-MONROE PUBLIC LIBRARY $0.04 NORTH MADISON COUNTY LIBRARY SYSTEM $0.03 PENDLETON COMMUNITY PUBLIC LIBRARY $0.02 FRANKTON - PARK & RECREATION $0.01 FRANKTON - CUMULATIVE CAPITAL DEVELOPMENT Estimated Tax by Home Valuei
Highlighted value is closest to median home value ($140K)
14 Overlapping Taxing Districtsi
FRANKTON-LAPEL COMMUNITY SCHOOL CORPUnit K-12
50.2%1.4115%
ELWOOD COMMUNITY SCHOOL CORPORATIONUnit K-12
48%1.3498%
ANDERSON COMMUNITY SCHOOL CORPORATIONUnit K-12
47.2%1.3282%
ALEXANDRIA COMMUNITY SCHOOL CORPORATIONUnit K-12
34.6%0.9732%
SOUTH MADISON COMMUNITY SCHOOL CORPUnit K-12
27.6%0.7777%
FRANKTON - GENERALi
21.7%0.6091%
County - Madisoni
21.4%0.6011%
FRANKTON - STORM SEWER BONDi
10%0.2819%
ANDERSON-ANDERSON, STONEY CREEK UNION TOi
9.7%0.2723%
ALEXANDRIA-MONROE PUBLIC LIBRARYi
6.5%0.1836%
NORTH MADISON COUNTY LIBRARY SYSTEMi
4.2%0.1188%
PENDLETON COMMUNITY PUBLIC LIBRARYi
2.7%0.0764%
FRANKTON - PARK & RECREATIONi
1.9%0.0530%
FRANKTON - CUMULATIVE CAPITAL DEVELOPMENTi
1.3%0.0373%