Maryland

Franklin

Census-designated place Franklin is a census-designated place in Maryland, in Allegany County. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in Franklin had a real-estate tax bill of $550 (± $151) a year, compared with $3,989 in Maryland and $2,969 nationwide. Census does not publish a median home value for this place.

U.S. Census Bureau estimates for Franklin, Maryland and the United States, with margins of error
MeasureFranklinMarylandUnited States
Population 356 ± 272 6,170,738 332,387,540
Median annual property tax bill (homeowners) $550 ± $151rough guide only: the margin of error is 27% of the estimate $3,989 ± $18 $2,969 ± $3
Median home value Census does not publish this figure for this place $397,700 ± $1,433 $303,400 ± $362
Median household income Too imprecise to report (estimate $14,738, margin of error ± $10,996) $101,652 ± $518 $78,538 ± $176
Property tax as a share of home value (calculated) Census does not publish this figure for this place 1.00% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners Too imprecise to report (estimate 39.5%, margin of error ± 34.4 points) 67.5% ± 0.3 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older Too imprecise to report (estimate 33.3%, margin of error ± 28.5 points) 30.3% ± 0.2 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 0.0% ± 77.6 pointsrough guide only 22.6% ± 0.3 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Maryland

How it works. County/Baltimore City tax-lien certificate sale followed by Circuit Court action to foreclose right of redemption

Excess sale money. After foreclosure and payment of the balance, Tax-Property §14-818 requires any amount above taxes, interest, penalties, and costs of sale to be paid to the person entitled to it; each county must provide a claim process, and the collector must notify the prior owner within 90 days after deed delivery. §14-819 governs unknown/unlocated claimants, 3-year special-fund holding, court-ordered forfeiture, and a later 7-year repayment window.

These rules are set by Maryland, not by Franklin, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Maryland entry with statute links.

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