<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 17
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<PAGE> PAGE 19
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
072 J000800 3
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<PAGE> PAGE 42
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008 A000901 FRANKLIN ADVISERS, INC.
008 B000901 A
008 C000901 801-26292
008 D010901 SAN MATEO
008 D020901 CA
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<PAGE> PAGE 43
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056 000900 N
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<PAGE> PAGE 44
062 A000900 Y
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070 A020900 N
070 B010900 N
070 B020900 N
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070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 N
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 N
<PAGE> PAGE 45
070 O020900 N
070 P010900 Y
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<PAGE> PAGE 46
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008 A001001 FRANKLIN ADVISERS, INC.
008 B001001 A
008 C001001 801-26292
008 D011001 SAN MATEO
008 D021001 CA
008 D031001 94404
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<PAGE> PAGE 47
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<PAGE> PAGE 48
054 E001000 N
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054 K001000 N
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<PAGE> PAGE 49
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
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070 J021000 N
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070 L011000 N
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070 M011000 N
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<PAGE> PAGE 50
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008 A001101 FRANKLIN ADVISERS, INC.
<PAGE> PAGE 51
008 B001101 A
008 C001101 801-26292
008 D011101 SAN MATEO
008 D021101 CA
008 D031101 94404
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<PAGE> PAGE 52
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055 A001100 N
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<PAGE> PAGE 53
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070 F011100 N
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070 K011100 Y
070 K021100 N
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070 L021100 N
070 M011100 N
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<PAGE> PAGE 54
072 A001100 6
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<PAGE> PAGE 55
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008 A001201 FRANKLIN ADVISERS, INC.
008 B001201 A
008 C001201 801-26292
008 D011201 SAN MATEO
008 D021201 CA
008 D031201 94404
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<PAGE> PAGE 56
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<PAGE> PAGE 57
055 A001200 N
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070 A011200 N
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<PAGE> PAGE 58
070 K011200 Y
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<PAGE> PAGE 59
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008 A001301 FRANKLIN ADVISERS, INC.
008 B001301 A
008 C001301 801-26292
008 D011301 SAN MATEO
008 D021301 CA
008 D031301 94404
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<PAGE> PAGE 60
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<PAGE> PAGE 61
049 001300 N
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054 K001300 N
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054 M001300 Y
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<PAGE> PAGE 62
070 A011300 N
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070 H011300 N
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<PAGE> PAGE 63
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<PAGE> PAGE 64
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<PAGE> PAGE 65
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<PAGE> PAGE 66
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<PAGE> PAGE 67
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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<PAGE> PAGE 71
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<PAGE> PAGE 72
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008 A001601 FRANKLIN ADVISERS, INC.
008 B001601 A
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<PAGE> PAGE 73
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<PAGE> PAGE 74
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<PAGE> PAGE 75
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<PAGE> PAGE 76
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<PAGE> PAGE 77
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<PAGE> PAGE 78
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<PAGE> PAGE 79
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<PAGE> PAGE 80
070 L011700 N
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<PAGE> PAGE 81
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008 A001801 FRANKLIN ADVISERS, INC.
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<PAGE> PAGE 82
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<PAGE> PAGE 83
051 001800 N
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055 A001800 N
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056 001800 N
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<PAGE> PAGE 84
070 B011800 N
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070 D021800 N
070 E011800 N
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070 F011800 N
070 F021800 N
070 G011800 N
070 G021800 N
070 H011800 N
070 H021800 N
070 I011800 N
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070 J021800 N
070 K011800 Y
070 K021800 N
070 L011800 N
070 L021800 N
070 M011800 N
070 M021800 N
070 N011800 Y
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070 O011800 N
070 O021800 N
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<PAGE> PAGE 85
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<PAGE> PAGE 86
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<PAGE> PAGE 87
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<PAGE> PAGE 88
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070 F011900 N
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070 H021900 N
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<PAGE> PAGE 89
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<PAGE> PAGE 90
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<PAGE> PAGE 91
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<PAGE> PAGE 92
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<PAGE> PAGE 93
070 G022000 N
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<PAGE> PAGE 94
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<PAGE> PAGE 95
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<PAGE> PAGE 96
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<PAGE> PAGE 97
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<PAGE> PAGE 98
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<PAGE> PAGE 99
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<PAGE> PAGE 100
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<PAGE> PAGE 101
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<PAGE> PAGE 102
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<PAGE> PAGE 103
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008 A002301 FRANKLIN ADVISERS, INC.
008 B002301 A
008 C002301 801-26292
008 D012301 SAN MATEO
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<PAGE> PAGE 104
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<PAGE> PAGE 105
054 A002300 Y
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054 O002300 N
055 A002300 N
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056 002300 N
057 002300 N
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<PAGE> PAGE 106
070 C022300 N
070 D012300 N
070 D022300 N
070 E012300 N
070 E022300 N
070 F012300 N
070 F022300 N
070 G012300 N
070 G022300 N
070 H012300 N
070 H022300 N
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070 I022300 N
070 J012300 Y
070 J022300 N
070 K012300 Y
070 K022300 N
070 L012300 N
070 L022300 N
070 M012300 N
070 M022300 N
070 N012300 Y
070 N022300 N
070 O012300 N
070 O022300 N
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<PAGE> PAGE 107
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<PAGE> PAGE 108
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008 A002401 FRANKLIN ADVISERS, INC.
008 B002401 A
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<PAGE> PAGE 109
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<PAGE> PAGE 110
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<PAGE> PAGE 111
070 R012400 N
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<PAGE> PAGE 112
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<PAGE> PAGE 113
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<PAGE> PAGE 114
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<PAGE> PAGE 115
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<PAGE> PAGE 116
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<PAGE> PAGE 117
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<PAGE> PAGE 118
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<PAGE> PAGE 119
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<PAGE> PAGE 120
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<PAGE> PAGE 121
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<PAGE> PAGE 122
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<PAGE> PAGE 123
054 O002700 N
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<PAGE> PAGE 124
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<PAGE> PAGE 126
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<PAGE> PAGE 127
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SIGNATURE LAURA FERGERSON
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIREY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 091
<NAME> FRANKLIN COLORADO TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 246,045,356
<INVESTMENTS-AT-VALUE> 260,086,998
<RECEIVABLES> 7,176,335
<ASSETS-OTHER> 967,177
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 268,230,510
<PAYABLE-FOR-SECURITIES> 4,718,923
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,010,197
<TOTAL-LIABILITIES> 5,729,120
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 247,408,917
<SHARES-COMMON-STOCK> 21,405,789
<SHARES-COMMON-PRIOR> 20,055,377
<ACCUMULATED-NII-CURRENT> 209,758
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 841,073
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 14,041,642
<NET-ASSETS> 262,501,390
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,726,778
<OTHER-INCOME> 0
<EXPENSES-NET> (921,785)
<NET-INVESTMENT-INCOME> 6,804,993
<REALIZED-GAINS-CURRENT> 1,780,276
<APPREC-INCREASE-CURRENT> 240,866
<NET-CHANGE-FROM-OPS> 8,826,135
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6,783,864)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,524,574
<NUMBER-OF-SHARES-REDEEMED> (1,445,275)
<SHARES-REINVESTED> 271,113
<NET-CHANGE-IN-ASSETS> 20,238,814
<ACCUMULATED-NII-PRIOR> 353,668
<ACCUMULATED-GAINS-PRIOR> (939,203)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 694,822
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 921,785
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<PER-SHARE-NAV-BEGIN> 11.800
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .090
<PER-SHARE-DIVIDEND> (.330)
<PER-SHARE-DISTRIBUTIONS> .000
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<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 141
<NAME> FRANKLIN VIRGINIA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 295,487,981
<INVESTMENTS-AT-VALUE> 312,507,036
<RECEIVABLES> 5,062,315
<ASSETS-OTHER> 205,681
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 317,775,032
<PAYABLE-FOR-SECURITIES> 1,252,844
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,204,087
<TOTAL-LIABILITIES> 2,456,931
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 297,781,246
<SHARES-COMMON-STOCK> 26,105,193
<SHARES-COMMON-PRIOR> 24,653,916
<ACCUMULATED-NII-CURRENT> 396,227
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 121,573
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,019,055
<NET-ASSETS> 315,318,101
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,298,703
<OTHER-INCOME> 0
<EXPENSES-NET> (1,087,889)
<NET-INVESTMENT-INCOME> 8,210,814
<REALIZED-GAINS-CURRENT> 122,468
<APPREC-INCREASE-CURRENT> 2,097,519
<NET-CHANGE-FROM-OPS> 10,430,801
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8,138,552)
<DISTRIBUTIONS-OF-GAINS> (832,088)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,416,274
<NUMBER-OF-SHARES-REDEEMED> (1,330,552)
<SHARES-REINVESTED> 365,555
<NET-CHANGE-IN-ASSETS> 21,472,163
<ACCUMULATED-NII-PRIOR> 533,631
<ACCUMULATED-GAINS-PRIOR> 856,652
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 812,737
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,087,889
<AVERAGE-NET-ASSETS> 303,940,739
<PER-SHARE-NAV-BEGIN> 11.650
<PER-SHARE-NII> .310
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> (.030)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.690
<EXPENSE-RATIO> .700
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 151
<NAME> FRANKLIN ALABAMA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 196,333,357
<INVESTMENTS-AT-VALUE> 207,709,633
<RECEIVABLES> 3,894,845
<ASSETS-OTHER> 240,260
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 211,844,738
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,207,464
<TOTAL-LIABILITIES> 1,207,464
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 198,217,210
<SHARES-COMMON-STOCK> 17,226,858
<SHARES-COMMON-PRIOR> 16,495,571
<ACCUMULATED-NII-CURRENT> 199,474
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 844,314
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,376,276
<NET-ASSETS> 210,637,274
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<INTEREST-INCOME> 6,363,110
<OTHER-INCOME> 0
<EXPENSES-NET> (751,517)
<NET-INVESTMENT-INCOME> 5,611,593
<REALIZED-GAINS-CURRENT> 846,693
<APPREC-INCREASE-CURRENT> 1,178,070
<NET-CHANGE-FROM-OPS> 7,636,356
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,530,700)
<DISTRIBUTIONS-OF-GAINS> (658,302)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,303,768
<NUMBER-OF-SHARES-REDEEMED> (800,825)
<SHARES-REINVESTED> 228,344
<NET-CHANGE-IN-ASSETS> 11,488,937
<ACCUMULATED-NII-PRIOR> 278,329
<ACCUMULATED-GAINS-PRIOR> 677,276
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 575,573
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 751,517
<AVERAGE-NET-ASSETS> 204,347,340
<PER-SHARE-NAV-BEGIN> 11.730
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .120
<PER-SHARE-DIVIDEND> (.330)
<PER-SHARE-DISTRIBUTIONS> (.040)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.800
<EXPENSE-RATIO> .720
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS FINANCIAL SUMMARY INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 181
<NAME> FRANKLIN LOUISIANA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 123,228,102
<INVESTMENTS-AT-VALUE> 130,621,699
<RECEIVABLES> 4,385,344
<ASSETS-OTHER> 76,450
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 135,083,493
<PAYABLE-FOR-SECURITIES> 6,980,161
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 633,192
<TOTAL-LIABILITIES> 7,613,353
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 121,665,294
<SHARES-COMMON-STOCK> 10,845,128
<SHARES-COMMON-PRIOR> 9,984,603
<ACCUMULATED-NII-CURRENT> 270,362
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,859,113)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,393,597
<NET-ASSETS> 127,470,140
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,849,462
<OTHER-INCOME> 0
<EXPENSES-NET> (472,849)
<NET-INVESTMENT-INCOME> 3,376,613
<REALIZED-GAINS-CURRENT> 595,148
<APPREC-INCREASE-CURRENT> 503,310
<NET-CHANGE-FROM-OPS> 4,475,071
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,316,840)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,346,445
<NUMBER-OF-SHARES-REDEEMED> (610,625)
<SHARES-REINVESTED> 124,705
<NET-CHANGE-IN-ASSETS> 11,484,866
<ACCUMULATED-NII-PRIOR> 294,774
<ACCUMULATED-GAINS-PRIOR> (2,454,261)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 365,095
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 472,849
<AVERAGE-NET-ASSETS> 120,317,955
<PER-SHARE-NAV-BEGIN> 11.320
<PER-SHARE-NII> 0.320
<PER-SHARE-GAIN-APPREC> 0.090
<PER-SHARE-DIVIDEND> (0.320)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.410
<EXPENSE-RATIO> 0.770
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 231
<NAME> FRANKLIN MARYLAND TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 192,185,502
<INVESTMENTS-AT-VALUE> 203,097,941
<RECEIVABLES> 3,647,092
<ASSETS-OTHER> 142,322
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 206,887,355
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 962,012
<TOTAL-LIABILITIES> 962,012
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 195,274,201
<SHARES-COMMON-STOCK> 17,327,962
<SHARES-COMMON-PRIOR> 16,347,421
<ACCUMULATED-NII-CURRENT> (6,494)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (254,803)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,912,439
<NET-ASSETS> 205,925,343
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,965,443
<OTHER-INCOME> 0
<EXPENSES-NET> (753,095)
<NET-INVESTMENT-INCOME> 5,212,348
<REALIZED-GAINS-CURRENT> 239
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<DISTRIBUTIONS-OF-INCOME> (5,107,528)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (4,696)
<NUMBER-OF-SHARES-SOLD> 1,820,022
<NUMBER-OF-SHARES-REDEEMED> (1,073,953)
<SHARES-REINVESTED> 234,472
<NET-CHANGE-IN-ASSETS> 15,606,545
<ACCUMULATED-NII-PRIOR> 42,905
<ACCUMULATED-GAINS-PRIOR> (255,042)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 559,738
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 753,095
<AVERAGE-NET-ASSETS> 197,693,259
<PER-SHARE-NAV-BEGIN> 11.330
<PER-SHARE-NII> .300
<PER-SHARE-GAIN-APPREC> .100
<PER-SHARE-DIVIDEND> (.300)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.430
<EXPENSE-RATIO> .740
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 092
<NAME> FRANKLIN COLORADO TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 246,045,356
<INVESTMENTS-AT-VALUE> 260,086,998
<RECEIVABLES> 7,176,335
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 268,230,510
<PAYABLE-FOR-SECURITIES> 4,718,923
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,010,197
<TOTAL-LIABILITIES> 5,729,120
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 247,408,917
<SHARES-COMMON-STOCK> 686,321
<SHARES-COMMON-PRIOR> 477,543
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<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 841,073
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 14,041,642
<NET-ASSETS> 262,501,390
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,726,778
<OTHER-INCOME> 0
<EXPENSES-NET> (921,785)
<NET-INVESTMENT-INCOME> 6,804,993
<REALIZED-GAINS-CURRENT> 1,780,276
<APPREC-INCREASE-CURRENT> 240,866
<NET-CHANGE-FROM-OPS> 8,826,135
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (165,039)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 230,941
<NUMBER-OF-SHARES-REDEEMED> (32,004)
<SHARES-REINVESTED> 9,841
<NET-CHANGE-IN-ASSETS> 20,238,814
<ACCUMULATED-NII-PRIOR> 353,668
<ACCUMULATED-GAINS-PRIOR> (939,203)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 694,822
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 921,785
<AVERAGE-NET-ASSETS> 251,870,428
<PER-SHARE-NAV-BEGIN> 11.840
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .090
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.930
<EXPENSE-RATIO> 1.300
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 142
<NAME> FRANKLIN VIRGINIA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 295,487,981
<INVESTMENTS-AT-VALUE> 312,507,036
<RECEIVABLES> 5,062,315
<ASSETS-OTHER> 205,681
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 317,775,032
<PAYABLE-FOR-SECURITIES> 1,252,844
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,204,087
<TOTAL-LIABILITIES> 2,456,931
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 297,781,246
<SHARES-COMMON-STOCK> 861,176
<SHARES-COMMON-PRIOR> 569,870
<ACCUMULATED-NII-CURRENT> 396,227
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 121,573
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,019,055
<NET-ASSETS> 315,318,101
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,298,703
<OTHER-INCOME> 0
<EXPENSES-NET> (1,087,889)
<NET-INVESTMENT-INCOME> 8,210,814
<REALIZED-GAINS-CURRENT> 122,468
<APPREC-INCREASE-CURRENT> 2,097,519
<NET-CHANGE-FROM-OPS> 10,430,801
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (209,666)
<DISTRIBUTIONS-OF-GAINS> (25,459)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 339,392
<NUMBER-OF-SHARES-REDEEMED> (59,433)
<SHARES-REINVESTED> 11,347
<NET-CHANGE-IN-ASSETS> 21,472,163
<ACCUMULATED-NII-PRIOR> 533,631
<ACCUMULATED-GAINS-PRIOR> 856,652
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 812,737
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,087,889
<AVERAGE-NET-ASSETS> 303,940,739
<PER-SHARE-NAV-BEGIN> 11.710
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (.030)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.760
<EXPENSE-RATIO> 1.260
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 152
<NAME> FRANKLIN ALABAMA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 196,333,357
<INVESTMENTS-AT-VALUE> 207,709,633
<RECEIVABLES> 3,894,845
<ASSETS-OTHER> 240,260
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 211,844,738
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,207,464
<TOTAL-LIABILITIES> 1,207,464
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 198,217,210
<SHARES-COMMON-STOCK> 623,296
<SHARES-COMMON-PRIOR> 482,597
<ACCUMULATED-NII-CURRENT> 199,474
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 844,314
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,376,276
<NET-ASSETS> 210,637,274
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,363,110
<OTHER-INCOME> 0
<EXPENSES-NET> (751,517)
<NET-INVESTMENT-INCOME> 5,611,593
<REALIZED-GAINS-CURRENT> 846,693
<APPREC-INCREASE-CURRENT> 1,178,070
<NET-CHANGE-FROM-OPS> 7,636,356
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (159,748)
<DISTRIBUTIONS-OF-GAINS> (21,353)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 189,884
<NUMBER-OF-SHARES-REDEEMED> (56,425)
<SHARES-REINVESTED> 7,240
<NET-CHANGE-IN-ASSETS> 11,488,937
<ACCUMULATED-NII-PRIOR> 278,329
<ACCUMULATED-GAINS-PRIOR> 677,276
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 575,573
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 751,517
<AVERAGE-NET-ASSETS> 204,347,340
<PER-SHARE-NAV-BEGIN> 11.780
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .110
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (.040)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.850
<EXPENSE-RATIO> 1.280
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS FINANCIAL SUMMARY INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 182
<NAME> FRANKLIN LOUISIANA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 123,228,102
<INVESTMENTS-AT-VALUE> 130,621,699
<RECEIVABLES> 4,385,344
<ASSETS-OTHER> 76,450
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 135,083,493
<PAYABLE-FOR-SECURITIES> 6,980,161
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 633,192
<TOTAL-LIABILITIES> 7,613,353
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 121,665,294
<SHARES-COMMON-STOCK> 320,499
<SHARES-COMMON-PRIOR> 264,131
<ACCUMULATED-NII-CURRENT> 270,362
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,859,113)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,393,597
<NET-ASSETS> 127,470,140
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,849,462
<OTHER-INCOME> 0
<EXPENSES-NET> (472,849)
<NET-INVESTMENT-INCOME> 3,376,613
<REALIZED-GAINS-CURRENT> 595,148
<APPREC-INCREASE-CURRENT> 503,310
<NET-CHANGE-FROM-OPS> 4,475,071
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (84,185)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 75,210
<NUMBER-OF-SHARES-REDEEMED> (23,744)
<SHARES-REINVESTED> 4,902
<NET-CHANGE-IN-ASSETS> 11,484,866
<ACCUMULATED-NII-PRIOR> 294,774
<ACCUMULATED-GAINS-PRIOR> (2,454,261)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 365,095
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 472,849
<AVERAGE-NET-ASSETS> 120,317,955
<PER-SHARE-NAV-BEGIN> 11.370
<PER-SHARE-NII> 0.290
<PER-SHARE-GAIN-APPREC> 0.110
<PER-SHARE-DIVIDEND> (0.290)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.480
<EXPENSE-RATIO> 1.330
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 232
<NAME> FRANKLIN MARYLAND TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 192,185,502
<INVESTMENTS-AT-VALUE> 203,097,941
<RECEIVABLES> 3,647,092
<ASSETS-OTHER> 142,322
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 206,887,355
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 962,012
<TOTAL-LIABILITIES> 962,012
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 195,274,201
<SHARES-COMMON-STOCK> 679,528
<SHARES-COMMON-PRIOR> 445,910
<ACCUMULATED-NII-CURRENT> (6,494)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (254,803)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,912,439
<NET-ASSETS> 205,925,343
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,965,443
<OTHER-INCOME> 0
<EXPENSES-NET> (753,095)
<NET-INVESTMENT-INCOME> 5,212,348
<REALIZED-GAINS-CURRENT> 239
<APPREC-INCREASE-CURRENT> 1,929,579
<NET-CHANGE-FROM-OPS> 7,142,166
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (147,725)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (1,798)
<NUMBER-OF-SHARES-SOLD> 253,925
<NUMBER-OF-SHARES-REDEEMED> (27,975)
<SHARES-REINVESTED> 7,668
<NET-CHANGE-IN-ASSETS> 15,606,545
<ACCUMULATED-NII-PRIOR> 42,905
<ACCUMULATED-GAINS-PRIOR> (255,042)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 559,738
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 753,095
<AVERAGE-NET-ASSETS> 197,693,259
<PER-SHARE-NAV-BEGIN> 11.400
<PER-SHARE-NII> .270
<PER-SHARE-GAIN-APPREC> .110
<PER-SHARE-DIVIDEND> (.270)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.510
<EXPENSE-RATIO> 1.310
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 021
<NAME> FRANKLIN MASSACHUSETTS INSURED TAX-FREE INCOME FUND-CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 324,007,674
<INVESTMENTS-AT-VALUE> 342,329,727
<RECEIVABLES> 5,095,144
<ASSETS-OTHER> 738,011
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 348,162,882
<PAYABLE-FOR-SECURITIES> 3,906,647
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,151,516
<TOTAL-LIABILITIES> 5,058,163
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 324,109,283
<SHARES-COMMON-STOCK> 28,635,265
<SHARES-COMMON-PRIOR> 28,162,462
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (130,642)
<ACCUMULATED-NET-GAINS> 804,025
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18,322,053
<NET-ASSETS> 343,104,719
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,998,171
<OTHER-INCOME> 0
<EXPENSES-NET> (1,150,500)
<NET-INVESTMENT-INCOME> 8,847,671
<REALIZED-GAINS-CURRENT> 806,324
<APPREC-INCREASE-CURRENT> 2,690,378
<NET-CHANGE-FROM-OPS> 12,344,373
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8,623,691)
<DISTRIBUTIONS-OF-GAINS> (1,225,175)
<DISTRIBUTIONS-OTHER> (130,642)
<NUMBER-OF-SHARES-SOLD> 1,595,949
<NUMBER-OF-SHARES-REDEEMED> (1,539,702)
<SHARES-REINVESTED> 416,556
<NET-CHANGE-IN-ASSETS> 11,661,873
<ACCUMULATED-NII-PRIOR> (36,705)
<ACCUMULATED-GAINS-PRIOR> 1,252,824
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 879,836
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,150,500
<AVERAGE-NET-ASSETS> 334,909,553
<PER-SHARE-NAV-BEGIN> 11.540
<PER-SHARE-NII> 0.300
<PER-SHARE-GAIN-APPREC> 0.130
<PER-SHARE-DIVIDEND> (0.310)
<PER-SHARE-DISTRIBUTIONS> (0.040)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.620
<EXPENSE-RATIO> 0.680
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 031
<NAME> FRANKLIN MICHIGAN INSURED TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,071,560,208
<INVESTMENTS-AT-VALUE> 1,131,134,084
<RECEIVABLES> 27,147,899
<ASSETS-OTHER> 365,775
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,158,647,758
<PAYABLE-FOR-SECURITIES> 10,335,677
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,530,931
<TOTAL-LIABILITIES> 13,866,608
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,083,284,728
<SHARES-COMMON-STOCK> 93,298,330
<SHARES-COMMON-PRIOR> 92,589,471
<ACCUMULATED-NII-CURRENT> (551,762)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,474,308
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 59,573,876
<NET-ASSETS> 1,144,781,150
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 33,971,123
<OTHER-INCOME> 0
<EXPENSES-NET> (3,702,898)
<NET-INVESTMENT-INCOME> 30,268,225
<REALIZED-GAINS-CURRENT> 2,595,049
<APPREC-INCREASE-CURRENT> 1,659,426
<NET-CHANGE-FROM-OPS> 34,522,700
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (29,501,166)
<DISTRIBUTIONS-OF-GAINS> (4,602,602)
<DISTRIBUTIONS-OTHER> (551,762)
<NUMBER-OF-SHARES-SOLD> 4,250,885
<NUMBER-OF-SHARES-REDEEMED> (5,017,105)
<SHARES-REINVESTED> 1,475,079
<NET-CHANGE-IN-ASSETS> 13,082,179
<ACCUMULATED-NII-PRIOR> (213,723)
<ACCUMULATED-GAINS-PRIOR> 4,579,103
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,673,996
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,702,898
<AVERAGE-NET-ASSETS> 1,132,673,409
<PER-SHARE-NAV-BEGIN> 12.000
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .050
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> (.050)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.000
<EXPENSE-RATIO> .640
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 011
<NAME> FRANKLIN INSURED TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,611,961,509
<INVESTMENTS-AT-VALUE> 1,708,800,420
<RECEIVABLES> 28,630,909
<ASSETS-OTHER> 1,930,206
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,739,361,535
<PAYABLE-FOR-SECURITIES> 33,071,985
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,473,683
<TOTAL-LIABILITIES> 39,545,668
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,593,983,627
<SHARES-COMMON-STOCK> 136,730,947
<SHARES-COMMON-PRIOR> 136,753,285
<ACCUMULATED-NII-CURRENT> (102,408)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,095,737
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 96,838,911
<NET-ASSETS> 1,699,815,867
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 52,014,575
<OTHER-INCOME> 0
<EXPENSES-NET> (5,269,213)
<NET-INVESTMENT-INCOME> 46,745,362
<REALIZED-GAINS-CURRENT> 9,132,459
<APPREC-INCREASE-CURRENT> (867,107)
<NET-CHANGE-FROM-OPS> 55,010,714
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (46,135,242)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (102,408)
<NUMBER-OF-SHARES-SOLD> 8,740,237
<NUMBER-OF-SHARES-REDEEMED> (10,389,214)
<SHARES-REINVESTED> 1,626,639
<NET-CHANGE-IN-ASSETS> 16,207,216
<ACCUMULATED-NII-PRIOR> 20,740
<ACCUMULATED-GAINS-PRIOR> (36,722)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,913,991
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,269,213
<AVERAGE-NET-ASSETS> 1,683,971,636
<PER-SHARE-NAV-BEGIN> 12.150
<PER-SHARE-NII> .340
<PER-SHARE-GAIN-APPREC> .060
<PER-SHARE-DIVIDEND> (.340)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.210
<EXPENSE-RATIO> .620
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 051
<NAME> FRANKLIN OHIO INSURED TAX-FREE INCOME FUND-CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 694,414,444
<INVESTMENTS-AT-VALUE> 733,826,595
<RECEIVABLES> 13,128,498
<ASSETS-OTHER> 149,021
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 747,104,114
<PAYABLE-FOR-SECURITIES> 4,205,811
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,164,292
<TOTAL-LIABILITIES> 6,370,103
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 700,576,264
<SHARES-COMMON-STOCK> 58,739,548
<SHARES-COMMON-PRIOR> 57,279,612
<ACCUMULATED-NII-CURRENT> (370,855)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,116,451
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 39,412,151
<NET-ASSETS> 740,734,011
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21,668,578
<OTHER-INCOME> 0
<EXPENSES-NET> (2,415,401)
<NET-INVESTMENT-INCOME> 19,253,177
<REALIZED-GAINS-CURRENT> 2,177,982
<APPREC-INCREASE-CURRENT> 2,861,609
<NET-CHANGE-FROM-OPS> 24,292,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (18,572,577)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (370,855)
<NUMBER-OF-SHARES-SOLD> 3,922,046
<NUMBER-OF-SHARES-REDEEMED> (3,213,563)
<SHARES-REINVESTED> 751,453
<NET-CHANGE-IN-ASSETS> 26,588,336
<ACCUMULATED-NII-PRIOR> (258,857)
<ACCUMULATED-GAINS-PRIOR> (1,061,531)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,760,330
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,415,401
<AVERAGE-NET-ASSETS> 724,972,175
<PER-SHARE-NAV-BEGIN> 12.190
<PER-SHARE-NII> .330
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.330)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.270
<EXPENSE-RATIO> .660
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 052
<NAME> FRANKLIN OHIO INSURED TAX-FREE INCOME FUND-CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 694,414,444
<INVESTMENTS-AT-VALUE> 733,826,595
<RECEIVABLES> 13,128,498
<ASSETS-OTHER> 149,021
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 747,104,114
<PAYABLE-FOR-SECURITIES> 4,205,811
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,164,292
<TOTAL-LIABILITIES> 6,370,103
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 700,576,264
<SHARES-COMMON-STOCK> 1,608,437
<SHARES-COMMON-PRIOR> 1,289,184
<ACCUMULATED-NII-CURRENT> (370,855)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,116,451
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 39,412,151
<NET-ASSETS> 740,734,011
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21,668,578
<OTHER-INCOME> 0
<EXPENSES-NET> (2,415,401)
<NET-INVESTMENT-INCOME> 19,253,177
<REALIZED-GAINS-CURRENT> 2,177,982
<APPREC-INCREASE-CURRENT> 2,861,609
<NET-CHANGE-FROM-OPS> 24,292,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (421,743)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 376,992
<NUMBER-OF-SHARES-REDEEMED> (82,297)
<SHARES-REINVESTED> 24,558
<NET-CHANGE-IN-ASSETS> 26,588,336
<ACCUMULATED-NII-PRIOR> (258,857)
<ACCUMULATED-GAINS-PRIOR> (1,061,531)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,760,330
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,415,401
<AVERAGE-NET-ASSETS> 724,972,175
<PER-SHARE-NAV-BEGIN> 12.240
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .090
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.330
<EXPENSE-RATIO> 1.220
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 061
<NAME> FRANKLIN PUERTO RICO TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 187,780,585
<INVESTMENTS-AT-VALUE> 198,958,188
<RECEIVABLES> 3,216,962
<ASSETS-OTHER> 400,013
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 202,575,163
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 693,859
<TOTAL-LIABILITIES> 693,859
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 190,807,265
<SHARES-COMMON-STOCK> 17,131,985
<SHARES-COMMON-PRIOR> 16,724,178
<ACCUMULATED-NII-CURRENT> (89,946)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13,618)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,177,603
<NET-ASSETS> 201,881,304
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,088,404
<OTHER-INCOME> 0
<EXPENSES-NET> (763,722)
<NET-INVESTMENT-INCOME> 5,324,682
<REALIZED-GAINS-CURRENT> (12,156)
<APPREC-INCREASE-CURRENT> 2,341,877
<NET-CHANGE-FROM-OPS> 7,654,403
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,259,483)
<DISTRIBUTIONS-OF-GAINS> (237,542)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,208,006
<NUMBER-OF-SHARES-REDEEMED> (1,033,996)
<SHARES-REINVESTED> 233,797
<NET-CHANGE-IN-ASSETS> 7,676,866
<ACCUMULATED-NII-PRIOR> (107,458)
<ACCUMULATED-GAINS-PRIOR> 238,515
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 555,705
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 763,722
<AVERAGE-NET-ASSETS> 196,565,690
<PER-SHARE-NAV-BEGIN> 11.510
<PER-SHARE-NII> 0.310
<PER-SHARE-GAIN-APPREC> 0.130
<PER-SHARE-DIVIDEND> (0.310)
<PER-SHARE-DISTRIBUTIONS> (0.010)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.630
<EXPENSE-RATIO> 0.780
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 201
<NAME> FRANKLIN ARIZONA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 741,470,289
<INVESTMENTS-AT-VALUE> 786,385,132
<RECEIVABLES> 11,671,295
<ASSETS-OTHER> 130,150
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 798,186,577
<PAYABLE-FOR-SECURITIES> 7,789,619
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,065,679
<TOTAL-LIABILITIES> 9,855,298
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 740,809,146
<SHARES-COMMON-STOCK> 68,904,250
<SHARES-COMMON-PRIOR> 66,912,442
<ACCUMULATED-NII-CURRENT> 267,142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,340,148
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 44,914,843
<NET-ASSETS> 788,331,279
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,730,234
<OTHER-INCOME> 0
<EXPENSES-NET> (2,472,400)
<NET-INVESTMENT-INCOME> 21,257,834
<REALIZED-GAINS-CURRENT> 2,346,564
<APPREC-INCREASE-CURRENT> 3,076,593
<NET-CHANGE-FROM-OPS> 26,680,991
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (20,979,793)
<DISTRIBUTIONS-OF-GAINS> (779,756)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,531,146
<NUMBER-OF-SHARES-REDEEMED> (4,308,829)
<SHARES-REINVESTED> 769,491
<NET-CHANGE-IN-ASSETS> 30,510,737
<ACCUMULATED-NII-PRIOR> 163,313
<ACCUMULATED-GAINS-PRIOR> 781,030
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,861,764
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,472,400
<AVERAGE-NET-ASSETS> 769,932,524
<PER-SHARE-NAV-BEGIN> 11.240
<PER-SHARE-NII> .310
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.310)
<PER-SHARE-DISTRIBUTIONS> (.010)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.310
<EXPENSE-RATIO> .630
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> FRANKLIN GEORGIA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 138,797,754
<INVESTMENTS-AT-VALUE> 146,480,849
<RECEIVABLES> 2,277,659
<ASSETS-OTHER> 193,104
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 148,951,612
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 582,880
<TOTAL-LIABILITIES> 582,880
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 140,650,548
<SHARES-COMMON-STOCK> 11,928,993
<SHARES-COMMON-PRIOR> 11,792,161
<ACCUMULATED-NII-CURRENT> 79,003
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (43,914)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,683,095
<NET-ASSETS> 148,368,732
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,448,031
<OTHER-INCOME> 0
<EXPENSES-NET> (568,561)
<NET-INVESTMENT-INCOME> 3,879,470
<REALIZED-GAINS-CURRENT> 873,764
<APPREC-INCREASE-CURRENT> (63,754)
<NET-CHANGE-FROM-OPS> 4,689,480
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,711,286)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 989,066
<NUMBER-OF-SHARES-REDEEMED> (1,016,121)
<SHARES-REINVESTED> 163,887
<NET-CHANGE-IN-ASSETS> 3,981,381
<ACCUMULATED-NII-PRIOR> 29,370
<ACCUMULATED-GAINS-PRIOR> (917,678)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 424,751
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 568,561
<AVERAGE-NET-ASSETS> 144,828,226
<PER-SHARE-NAV-BEGIN> 11.860
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .070
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.930
<EXPENSE-RATIO> .770
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 081
<NAME> FRANKLIN PENNSYLVANIA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 655,729,246
<INVESTMENTS-AT-VALUE> 692,585,510
<RECEIVABLES> 14,406,791
<ASSETS-OTHER> 109,611
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 707,101,912
<PAYABLE-FOR-SECURITIES> 6,305,880
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,231,669
<TOTAL-LIABILITIES> 8,537,549
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 658,647,834
<SHARES-COMMON-STOCK> 65,207,172
<SHARES-COMMON-PRIOR> 63,366,366
<ACCUMULATED-NII-CURRENT> 89,522
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,970,743
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36,856,264
<NET-ASSETS> 698,564,363
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21,454,789
<OTHER-INCOME> 0
<EXPENSES-NET> (2,290,559)
<NET-INVESTMENT-INCOME> 19,164,230
<REALIZED-GAINS-CURRENT> 2,971,823
<APPREC-INCREASE-CURRENT> 2,732,648
<NET-CHANGE-FROM-OPS> 24,868,701
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19,065,609)
<DISTRIBUTIONS-OF-GAINS> (2,742,252)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,593,606
<NUMBER-OF-SHARES-REDEEMED> (3,720,399)
<SHARES-REINVESTED> 967,599
<NET-CHANGE-IN-ASSETS> 28,290,711
<ACCUMULATED-NII-PRIOR> 373,927
<ACCUMULATED-GAINS-PRIOR> 2,801,890
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,663,777
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,290,559
<AVERAGE-NET-ASSETS> 681,926,166
<PER-SHARE-NAV-BEGIN> 10.390
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .090
<PER-SHARE-DIVIDEND> (.300)
<PER-SHARE-DISTRIBUTIONS> (.040)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.430
<EXPENSE-RATIO> .660
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 071
<NAME> FRANKLIN HIGH YIELD TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 4,787,341,190
<INVESTMENTS-AT-VALUE> 5,096,805,519
<RECEIVABLES> 150,966,474
<ASSETS-OTHER> 5,669,592
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,253,441,585
<PAYABLE-FOR-SECURITIES> 33,676,106
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22,001,756
<TOTAL-LIABILITIES> 55,677,862
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,919,606,657
<SHARES-COMMON-STOCK> 431,747,454
<SHARES-COMMON-PRIOR> 402,071,454
<ACCUMULATED-NII-CURRENT> (2,609,647)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (28,697,616)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 309,464,329
<NET-ASSETS> 5,197,763,723
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 165,607,121
<OTHER-INCOME> 0
<EXPENSES-NET> (16,088,531)
<NET-INVESTMENT-INCOME> 149,518,590
<REALIZED-GAINS-CURRENT> 19,261,067
<APPREC-INCREASE-CURRENT> 46,072,146
<NET-CHANGE-FROM-OPS> 214,851,803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (142,235,740)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52,263,321
<NUMBER-OF-SHARES-REDEEMED> (27,717,515)
<SHARES-REINVESTED> 5,130,194
<NET-CHANGE-IN-ASSETS> 498,106,191
<ACCUMULATED-NII-PRIOR> (3,265,863)
<ACCUMULATED-GAINS-PRIOR> (47,958,683)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 11,272,968
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 16,088,531
<AVERAGE-NET-ASSETS> 4,917,686,054
<PER-SHARE-NAV-BEGIN> 11.210
<PER-SHARE-NII> .340
<PER-SHARE-GAIN-APPREC> .140
<PER-SHARE-DIVIDEND> (.340)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.350
<EXPENSE-RATIO> .630
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 072
<NAME> FRANKLIN HIGH YIELD TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 4,787,341,190
<INVESTMENTS-AT-VALUE> 5,096,805,519
<RECEIVABLES> 150,966,474
<ASSETS-OTHER> 5,669,592
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,253,441,585
<PAYABLE-FOR-SECURITIES> 33,676,106
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22,001,756
<TOTAL-LIABILITIES> 55,677,862
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,919,606,657
<SHARES-COMMON-STOCK> 26,038,200
<SHARES-COMMON-PRIOR> 17,258,275
<ACCUMULATED-NII-CURRENT> (2,609,647)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (28,697,616)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 309,464,329
<NET-ASSETS> 5,197,763,723
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 165,607,121
<OTHER-INCOME> 0
<EXPENSES-NET> (16,088,531)
<NET-INVESTMENT-INCOME> 149,518,590
<REALIZED-GAINS-CURRENT> 19,261,067
<APPREC-INCREASE-CURRENT> 46,072,146
<NET-CHANGE-FROM-OPS> 214,851,803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6,626,634)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,651,587
<NUMBER-OF-SHARES-REDEEMED> (1,204,722)
<SHARES-REINVESTED> 333,060
<NET-CHANGE-IN-ASSETS> 498,106,191
<ACCUMULATED-NII-PRIOR> (3,265,863)
<ACCUMULATED-GAINS-PRIOR> (47,958,683)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 11,272,968
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 16,088,531
<AVERAGE-NET-ASSETS> 4,917,686,054
<PER-SHARE-NAV-BEGIN> 11.260
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .140
<PER-SHARE-DIVIDEND> (.310)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.410
<EXPENSE-RATIO> 1.200
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX FREE TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 111
<NAME> FRANKLIN MISSOURI TAX FREE INCOME FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 278,531,937
<INVESTMENTS-AT-VALUE> 294,060,369
<RECEIVABLES> 5,133,548
<ASSETS-OTHER> 275,705
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 299,469,622
<PAYABLE-FOR-SECURITIES> 8,720,166
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,207,706
<TOTAL-LIABILITIES> 9,927,872
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 272,614,164
<SHARES-COMMON-STOCK> 23,651,715
<SHARES-COMMON-PRIOR> 22,789,317
<ACCUMULATED-NII-CURRENT> 590,618
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 808,536
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,528,432
<NET-ASSETS> 289,541,750
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,609,028
<OTHER-INCOME> 0
<EXPENSES-NET> (1,006,007)
<NET-INVESTMENT-INCOME> 7,603,021
<REALIZED-GAINS-CURRENT> 810,928
<APPREC-INCREASE-CURRENT> 2,570,854
<NET-CHANGE-FROM-OPS> 10,984,803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,428,704)
<DISTRIBUTIONS-OF-GAINS> (195,070)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,278,817
<NUMBER-OF-SHARES-REDEEMED> (1,722,909)
<SHARES-REINVESTED> 306,490
<NET-CHANGE-IN-ASSETS> 15,682,420
<ACCUMULATED-NII-PRIOR> 548,705
<ACCUMULATED-GAINS-PRIOR> 196,677
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 756,703
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,006,007
<AVERAGE-NET-ASSETS> 279,847,424
<PER-SHARE-NAV-BEGIN> 11.830
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .140
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> (.010)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.960
<EXPENSE-RATIO> .700
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 121
<NAME> FRANKLIN OREGON TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 382,976,289
<INVESTMENTS-AT-VALUE> 408,221,170
<RECEIVABLES> 7,880,413
<ASSETS-OTHER> 133,600
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 416,235,183
<PAYABLE-FOR-SECURITIES> 1,435,700
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,530,317
<TOTAL-LIABILITIES> 2,966,017
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 391,216,523
<SHARES-COMMON-STOCK> 34,485,727
<SHARES-COMMON-PRIOR> 33,251,901
<ACCUMULATED-NII-CURRENT> 1,610,599
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,802,837)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,244,881
<NET-ASSETS> 413,269,166
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12,207,056
<OTHER-INCOME> 0
<EXPENSES-NET> (1,379,839)
<NET-INVESTMENT-INCOME> 10,827,217
<REALIZED-GAINS-CURRENT> 468,957
<APPREC-INCREASE-CURRENT> 3,404,128
<NET-CHANGE-FROM-OPS> 14,700,302
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10,478,227)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,534,272
<NUMBER-OF-SHARES-REDEEMED> (1,817,134)
<SHARES-REINVESTED> 516,688
<NET-CHANGE-IN-ASSETS> 22,166,429
<ACCUMULATED-NII-PRIOR> 1,470,171
<ACCUMULATED-GAINS-PRIOR> (5,271,794)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,028,487
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,379,839
<AVERAGE-NET-ASSETS> 400,019,482
<PER-SHARE-NAV-BEGIN> 11.550
<PER-SHARE-NII> 0.310
<PER-SHARE-GAIN-APPREC> 0.110
<PER-SHARE-DIVIDEND> (0.310)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.660
<EXPENSE-RATIO> 0.680
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 131
<NAME> FRANKLIN TEXAS TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 118,700,570
<INVESTMENTS-AT-VALUE> 126,777,005
<RECEIVABLES> 2,155,057
<ASSETS-OTHER> 39,055
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 128,971,117
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 606,999
<TOTAL-LIABILITIES> 606,999
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 120,481,206
<SHARES-COMMON-STOCK> 11,118,616
<SHARES-COMMON-PRIOR> 11,131,224
<ACCUMULATED-NII-CURRENT> (29,940)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (163,583)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,076,435
<NET-ASSETS> 128,364,118
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,023,677
<OTHER-INCOME> 0
<EXPENSES-NET> (491,723)
<NET-INVESTMENT-INCOME> 3,531,954
<REALIZED-GAINS-CURRENT> (163,056)
<APPREC-INCREASE-CURRENT> 1,208,372
<NET-CHANGE-FROM-OPS> 4,577,270
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,558,659)
<DISTRIBUTIONS-OF-GAINS> (344,573)
<DISTRIBUTIONS-OTHER> (29,580)
<NUMBER-OF-SHARES-SOLD> 618,339
<NUMBER-OF-SHARES-REDEEMED> (781,606)
<SHARES-REINVESTED> 150,659
<NET-CHANGE-IN-ASSETS> 1,012,110
<ACCUMULATED-NII-PRIOR> 51,160
<ACCUMULATED-GAINS-PRIOR> 347,091
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 380,022
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 491,723
<AVERAGE-NET-ASSETS> 127,059,164
<PER-SHARE-NAV-BEGIN> 11.370
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .090
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> (.030)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.430
<EXPENSE-RATIO> .760
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 161
<NAME> FRANKLIN FLORIDA TAX FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,471,993,169
<INVESTMENTS-AT-VALUE> 1,562,283,655
<RECEIVABLES> 33,548,503
<ASSETS-OTHER> 303,756
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,596,135,914
<PAYABLE-FOR-SECURITIES> 11,022,819
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,253,943
<TOTAL-LIABILITIES> 18,276,762
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,488,375,786
<SHARES-COMMON-STOCK> 131,898,476
<SHARES-COMMON-PRIOR> 125,815,973
<ACCUMULATED-NII-CURRENT> (5,815)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (801,305)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90,290,486
<NET-ASSETS> 1,577,859,152
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 47,323,828
<OTHER-INCOME> 0
<EXPENSES-NET> (4,734,329)
<NET-INVESTMENT-INCOME> 42,589,499
<REALIZED-GAINS-CURRENT> 3,585,682
<APPREC-INCREASE-CURRENT> 7,501,696
<NET-CHANGE-FROM-OPS> 53,676,877
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (43,433,699)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,766,422
<NUMBER-OF-SHARES-REDEEMED> (7,700,104)
<SHARES-REINVESTED> 1,016,185
<NET-CHANGE-IN-ASSETS> 96,216,513
<ACCUMULATED-NII-PRIOR> 1,660,453
<ACCUMULATED-GAINS-PRIOR> (4,386,987)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,556,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,734,329
<AVERAGE-NET-ASSETS> 1,518,611,655
<PER-SHARE-NAV-BEGIN> 11.590
<PER-SHARE-NII> .330
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.340)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.660
<EXPENSE-RATIO> .610
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 171
<NAME> FRANKLIN INDIANA TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 50,635,352
<INVESTMENTS-AT-VALUE> 53,608,633
<RECEIVABLES> 3,688,584
<ASSETS-OTHER> 152,536
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 57,449,753
<PAYABLE-FOR-SECURITIES> 4,593,423
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 241,910
<TOTAL-LIABILITIES> 4,835,333
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 49,565,351
<SHARES-COMMON-STOCK> 4,435,719
<SHARES-COMMON-PRIOR> 4,344,574
<ACCUMULATED-NII-CURRENT> 131,168
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (55,380)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,973,281
<NET-ASSETS> 52,614,420
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,667,527
<OTHER-INCOME> 0
<EXPENSES-NET> 210,134
<NET-INVESTMENT-INCOME> 1,457,393
<REALIZED-GAINS-CURRENT> 365,161
<APPREC-INCREASE-CURRENT> 33,611
<NET-CHANGE-FROM-OPS> 1,856,165
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,442,256)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 312,149
<NUMBER-OF-SHARES-REDEEMED> (286,048)
<SHARES-REINVESTED> 65,044
<NET-CHANGE-IN-ASSETS> 1,477,103
<ACCUMULATED-NII-PRIOR> 116,031
<ACCUMULATED-GAINS-PRIOR> (420,541)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 162,542
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 210,134
<AVERAGE-NET-ASSETS> 51,888,678
<PER-SHARE-NAV-BEGIN> 11.770
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> 0.09
<PER-SHARE-DIVIDEND> (0.33)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.86
<EXPENSE-RATIO> .82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 191
<NAME> FRANKLIN NORTH CAROLINA TAX-FREE INCOME FUND-CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 269,066,201
<INVESTMENTS-AT-VALUE> 284,236,426
<RECEIVABLES> 5,087,157
<ASSETS-OTHER> 716,828
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 290,040,411
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,285,634
<TOTAL-LIABILITIES> 1,285,634
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 275,861,846
<SHARES-COMMON-STOCK> 23,160,184
<SHARES-COMMON-PRIOR> 22,245,981
<ACCUMULATED-NII-CURRENT> 263,625
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,540,919)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,170,225
<NET-ASSETS> 288,754,777
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,418,351
<OTHER-INCOME> 0
<EXPENSES-NET> (1,021,113)
<NET-INVESTMENT-INCOME> 7,397,238
<REALIZED-GAINS-CURRENT> 576,797
<APPREC-INCREASE-CURRENT> 2,291,879
<NET-CHANGE-FROM-OPS> 10,265,914
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,002,451)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,201,042
<NUMBER-OF-SHARES-REDEEMED> (1,580,869)
<SHARES-REINVESTED> 294,030
<NET-CHANGE-IN-ASSETS> 18,169,300
<ACCUMULATED-NII-PRIOR> 137,710
<ACCUMULATED-GAINS-PRIOR> (3,117,716)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 752,289
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,021,113
<AVERAGE-NET-ASSETS> 277,580,304
<PER-SHARE-NAV-BEGIN> 11.730
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .120
<PER-SHARE-DIVIDEND> (.310)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.860
<EXPENSE-RATIO> .710
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 211
<NAME> FRANKLIN NEW JERSEY TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 586,959,300
<INVESTMENTS-AT-VALUE> 620,656,099
<RECEIVABLES> 11,997,217
<ASSETS-OTHER> 1,300,893
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 633,954,209
<PAYABLE-FOR-SECURITIES> 3,730,422
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,012,937
<TOTAL-LIABILITIES> 6,743,359
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 595,202,453
<SHARES-COMMON-STOCK> 51,826,368
<SHARES-COMMON-PRIOR> 49,487,969
<ACCUMULATED-NII-CURRENT> 766,816
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,455,218)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,696,799
<NET-ASSETS> 627,210,850
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,372,027
<OTHER-INCOME> 0
<EXPENSES-NET> (2,072,125)
<NET-INVESTMENT-INCOME> 16,299,902
<REALIZED-GAINS-CURRENT> 843,285
<APPREC-INCREASE-CURRENT> 3,802,450
<NET-CHANGE-FROM-OPS> 20,945,637
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (16,143,210)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,606,661
<NUMBER-OF-SHARES-REDEEMED> (2,978,717)
<SHARES-REINVESTED> 710,455
<NET-CHANGE-IN-ASSETS> 39,424,385
<ACCUMULATED-NII-PRIOR> 1,032,211
<ACCUMULATED-GAINS-PRIOR> (3,298,503)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,486,933
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,072,125
<AVERAGE-NET-ASSETS> 602,781,945
<PER-SHARE-NAV-BEGIN> 11.610
<PER-SHARE-NII> 0.320
<PER-SHARE-GAIN-APPREC> 0.080
<PER-SHARE-DIVIDEND> (0.320)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.690
<EXPENSE-RATIO> 0.670
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 241
<NAME> FRANKLIN KENTUCKY TAX-FREE INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 45,972,424
<INVESTMENTS-AT-VALUE> 48,477,688
<RECEIVABLES> 833,036
<ASSETS-OTHER> 25,993
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 49,336,717
<PAYABLE-FOR-SECURITIES> 997,381
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 151,831
<TOTAL-LIABILITIES> 1,149,212
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 46,836,829
<SHARES-COMMON-STOCK> 4,304,545
<SHARES-COMMON-PRIOR> 4,006,855
<ACCUMULATED-NII-CURRENT> 39,073
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,193,661)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,505,264
<NET-ASSETS> 48,187,505
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,339,862
<OTHER-INCOME> 0
<EXPENSES-NET> (80,061)
<NET-INVESTMENT-INCOME> 1,259,801
<REALIZED-GAINS-CURRENT> (48,230)
<APPREC-INCREASE-CURRENT> 635,150
<NET-CHANGE-FROM-OPS> 1,846,721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,250,297)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 454,691
<NUMBER-OF-SHARES-REDEEMED> (206,994)
<SHARES-REINVESTED> 49,993
<NET-CHANGE-IN-ASSETS> 3,898,841
<ACCUMULATED-NII-PRIOR> 29,569
<ACCUMULATED-GAINS-PRIOR> (1,145,431)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 143,424
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 187,971
<AVERAGE-NET-ASSETS> 45,670,707
<PER-SHARE-NAV-BEGIN> 11.050
<PER-SHARE-NII> .310
<PER-SHARE-GAIN-APPREC> .130
<PER-SHARE-DIVIDEND> (.300)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.190
<EXPENSE-RATIO> .350
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 25
<NAME> FRANKLIN FED. INTERMED. TERM TAX-FREE INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 115,986,441
<INVESTMENTS-AT-VALUE> 120,256,071
<RECEIVABLES> 2,325,135
<ASSETS-OTHER> 2,125
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,583,331
<PAYABLE-FOR-SECURITIES> 5,588,574
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 391,026
<TOTAL-LIABILITIES> 5,979,600
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 113,671,780
<SHARES-COMMON-STOCK> 10,571,436
<SHARES-COMMON-PRIOR> 9,571,206
<ACCUMULATED-NII-CURRENT> 291,313
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,628,992)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,269,630
<NET-ASSETS> 116,603,731
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,145,978
<OTHER-INCOME> 0
<EXPENSES-NET> (407,522)
<NET-INVESTMENT-INCOME> 2,738,456
<REALIZED-GAINS-CURRENT> (462,893)
<APPREC-INCREASE-CURRENT> 1,351,412
<NET-CHANGE-FROM-OPS> 3,626,975
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,712,663)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,294,293
<NUMBER-OF-SHARES-REDEEMED> (2,443,430)
<SHARES-REINVESTED> 149,367
<NET-CHANGE-IN-ASSETS> 11,888,561
<ACCUMULATED-NII-PRIOR> 265,520
<ACCUMULATED-GAINS-PRIOR> (1,166,099)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 336,587
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 452,544
<AVERAGE-NET-ASSETS> 108,911,531
<PER-SHARE-NAV-BEGIN> 10.940
<PER-SHARE-NII> 0.270
<PER-SHARE-GAIN-APPREC> 0.090
<PER-SHARE-DIVIDEND> (0.270)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.030
<EXPENSE-RATIO> 0.750
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 26
<NAME> FRANKLIN ARIZONA INSURED TAX-FREE INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 43,043,016
<INVESTMENTS-AT-VALUE> 45,033,902
<RECEIVABLES> 604,354
<ASSETS-OTHER> 52,396
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 45,690,652
<PAYABLE-FOR-SECURITIES> 503,148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 85,640
<TOTAL-LIABILITIES> 588,788
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 43,402,212
<SHARES-COMMON-STOCK> 4,296,084
<SHARES-COMMON-PRIOR> 3,831,399
<ACCUMULATED-NII-CURRENT> 71,520
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (362,754)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,990,886
<NET-ASSETS> 45,101,864
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,181,436
<OTHER-INCOME> 0
<EXPENSES-NET> (83,138)
<NET-INVESTMENT-INCOME> 1,098,298
<REALIZED-GAINS-CURRENT> 70,405
<APPREC-INCREASE-CURRENT> 580,795
<NET-CHANGE-FROM-OPS> 1,749,498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,114,496)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 817,789
<NUMBER-OF-SHARES-REDEEMED> (393,939)
<SHARES-REINVESTED> 40,835
<NET-CHANGE-IN-ASSETS> 5,408,736
<ACCUMULATED-NII-PRIOR> 87,718
<ACCUMULATED-GAINS-PRIOR> (433,159)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 134,328
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 183,409
<AVERAGE-NET-ASSETS> 41,983,134
<PER-SHARE-NAV-BEGIN> 10.360
<PER-SHARE-NII> .270
<PER-SHARE-GAIN-APPREC> .150
<PER-SHARE-DIVIDEND> (.280)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.500
<EXPENSE-RATIO> .400
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31,1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 27
<NAME> FRANKLIN FLORIDA INSURED TAX-FREE INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 84,510,053
<INVESTMENTS-AT-VALUE> 87,821,892
<RECEIVABLES> 1,747,678
<ASSETS-OTHER> 112,840
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 89,682,410
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 174,467
<TOTAL-LIABILITIES> 174,467
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 87,542,117
<SHARES-COMMON-STOCK> 8,829,927
<SHARES-COMMON-PRIOR> 7,728,681
<ACCUMULATED-NII-CURRENT> 75,382
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,421,395)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,311,839
<NET-ASSETS> 89,507,943
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,317,047
<OTHER-INCOME> 0
<EXPENSES-NET> (146,334)
<NET-INVESTMENT-INCOME> 2,170,713
<REALIZED-GAINS-CURRENT> (11,880)
<APPREC-INCREASE-CURRENT> 1,283,627
<NET-CHANGE-FROM-OPS> 3,442,460
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,145,980)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,599,187
<NUMBER-OF-SHARES-REDEEMED> (570,947)
<SHARES-REINVESTED> 73,006
<NET-CHANGE-IN-ASSETS> 12,331,044
<ACCUMULATED-NII-PRIOR> 50,649
<ACCUMULATED-GAINS-PRIOR> (1,409,515)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 261,452
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 331,523
<AVERAGE-NET-ASSETS> 82,730,946
<PER-SHARE-NAV-BEGIN> 9.99
<PER-SHARE-NII> .260
<PER-SHARE-GAIN-APPREC> .150
<PER-SHARE-DIVIDEND> (.260)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.14
<EXPENSE-RATIO> .350
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH DOCUMENTS.
</LEGEND>
<SERIES>
<NUMBER> 28
<NAME> FRANKLIN MICHIGAN TAX-FREE INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 7,403,835
<INVESTMENTS-AT-VALUE> 7,597,751
<RECEIVABLES> 126,953
<ASSETS-OTHER> 74,733
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,799,437
<PAYABLE-FOR-SECURITIES> 294,770
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,747
<TOTAL-LIABILITIES> 308,517
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,245,177
<SHARES-COMMON-STOCK> 707,310
<SHARES-COMMON-PRIOR> 372,799
<ACCUMULATED-NII-CURRENT> 38,381
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13,446
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 193,916
<NET-ASSETS> 7,490,920
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 163,073
<OTHER-INCOME> 0
<EXPENSES-NET> (7,099)
<NET-INVESTMENT-INCOME> 155,974
<REALIZED-GAINS-CURRENT> 9,842
<APPREC-INCREASE-CURRENT> 125,484
<NET-CHANGE-FROM-OPS> 291,300
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (155,648)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 352,611
<NUMBER-OF-SHARES-REDEEMED> (28,427)
<SHARES-REINVESTED> 10,327
<NET-CHANGE-IN-ASSETS> 3,606,790
<ACCUMULATED-NII-PRIOR> 38,055
<ACCUMULATED-GAINS-PRIOR> 3,604
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 18,858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 35,100
<AVERAGE-NET-ASSETS> 5,726,919
<PER-SHARE-NAV-BEGIN> 10.420
<PER-SHARE-NII> 0.240
<PER-SHARE-GAIN-APPREC> 0.220
<PER-SHARE-DIVIDEND> (0.290)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.590
<EXPENSE-RATIO> .250
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 022
<NAME> FRANKLIN MASSACHUSETTS INSURED TAX-FREE INCOME FUND-CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 324,007,674
<INVESTMENTS-AT-VALUE> 342,329,727
<RECEIVABLES> 5,095,144
<ASSETS-OTHER> 738,011
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 348,162,882
<PAYABLE-FOR-SECURITIES> 3,906,647
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,151,516
<TOTAL-LIABILITIES> 5,058,163
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 324,109,283
<SHARES-COMMON-STOCK> 899,183
<SHARES-COMMON-PRIOR> 550,431
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (130,642)
<ACCUMULATED-NET-GAINS> 804,025
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18,322,053
<NET-ASSETS> 343,104,719
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,998,171
<OTHER-INCOME> 0
<EXPENSES-NET> (1,150,500)
<NET-INVESTMENT-INCOME> 8,847,671
<REALIZED-GAINS-CURRENT> 806,324
<APPREC-INCREASE-CURRENT> 2,690,378
<NET-CHANGE-FROM-OPS> 12,344,373
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (187,275)
<DISTRIBUTIONS-OF-GAINS> (29,948)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 371,044
<NUMBER-OF-SHARES-REDEEMED> (36,788)
<SHARES-REINVESTED> 14,496
<NET-CHANGE-IN-ASSETS> 11,661,873
<ACCUMULATED-NII-PRIOR> (36,705)
<ACCUMULATED-GAINS-PRIOR> 1,252,824
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 879,836
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,150,500
<AVERAGE-NET-ASSETS> 334,909,553
<PER-SHARE-NAV-BEGIN> 11.590
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> 0.110
<PER-SHARE-DIVIDEND> (0.280)
<PER-SHARE-DISTRIBUTIONS> (0.040)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.660
<EXPENSE-RATIO> 1.240
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FORM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT ANS IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 032
<NAME> FRANKLIN MICHIGAN INSURED TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,071,560,208
<INVESTMENTS-AT-VALUE> 1,131,134,084
<RECEIVABLES> 27,147,899
<ASSETS-OTHER> 365,775
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,158,647,758
<PAYABLE-FOR-SECURITIES> 10,335,677
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,530,931
<TOTAL-LIABILITIES> 13,866,608
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,083,284,728
<SHARES-COMMON-STOCK> 2,114,696
<SHARES-COMMON-PRIOR> 1,670,727
<ACCUMULATED-NII-CURRENT> (551,762)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,474,308
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 59,573,876
<NET-ASSETS> 1,144,781,150
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 33,971,123
<OTHER-INCOME> 0
<EXPENSES-NET> (3,702,898)
<NET-INVESTMENT-INCOME> 30,268,225
<REALIZED-GAINS-CURRENT> 2,595,049
<APPREC-INCREASE-CURRENT> 1,659,426
<NET-CHANGE-FROM-OPS> 34,522,700
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (553,336)
<DISTRIBUTIONS-OF-GAINS> (97,242)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 589,752
<NUMBER-OF-SHARES-REDEEMED> (183,823)
<SHARES-REINVESTED> 38,040
<NET-CHANGE-IN-ASSETS> 13,082,179
<ACCUMULATED-NII-PRIOR> (213,723)
<ACCUMULATED-GAINS-PRIOR> 4,579,103
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,673,996
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,702,898
<AVERAGE-NET-ASSETS> 1,132,673,409
<PER-SHARE-NAV-BEGIN> 12.070
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .040
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (.050)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.060
<EXPENSE-RATIO> 1.210
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 012
<NAME> FRANKLIN INSURED TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,611,961,509
<INVESTMENTS-AT-VALUE> 1,708,800,420
<RECEIVABLES> 28,630,909
<ASSETS-OTHER> 1,930,206
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,739,361,535
<PAYABLE-FOR-SECURITIES> 33,071,985
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,473,683
<TOTAL-LIABILITIES> 39,545,668
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,593,983,627
<SHARES-COMMON-STOCK> 2,443,581
<SHARES-COMMON-PRIOR> 1,762,895
<ACCUMULATED-NII-CURRENT> (102,408)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,095,737
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 96,838,911
<NET-ASSETS> 1,699,815,867
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 52,014,575
<OTHER-INCOME> 0
<EXPENSES-NET> (5,269,213)
<NET-INVESTMENT-INCOME> 46,745,362
<REALIZED-GAINS-CURRENT> 9,132,459
<APPREC-INCREASE-CURRENT> (867,107)
<NET-CHANGE-FROM-OPS> 55,010,714
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (630,860)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 792,322
<NUMBER-OF-SHARES-REDEEMED> (144,371)
<SHARES-REINVESTED> 32,735
<NET-CHANGE-IN-ASSETS> 16,207,216
<ACCUMULATED-NII-PRIOR> 20,740
<ACCUMULATED-GAINS-PRIOR> (36,722)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,913,991
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,269,213
<AVERAGE-NET-ASSETS> 1,683,971,636
<PER-SHARE-NAV-BEGIN> 12.210
<PER-SHARE-NII> .310
<PER-SHARE-GAIN-APPREC> .050
<PER-SHARE-DIVIDEND> (.030)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.270
<EXPENSE-RATIO> 1.180
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 062
<NAME> FRANKLIN PUERTO RICO TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 187,780,585
<INVESTMENTS-AT-VALUE> 198,958,188
<RECEIVABLES> 3,216,962
<ASSETS-OTHER> 400,013
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 202,575,163
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 693,859
<TOTAL-LIABILITIES> 693,859
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 190,807,265
<SHARES-COMMON-STOCK> 221,071
<SHARES-COMMON-PRIOR> 145,675
<ACCUMULATED-NII-CURRENT> (89,946)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13,618)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,177,603
<NET-ASSETS> 201,881,304
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,088,404
<OTHER-INCOME> 0
<EXPENSES-NET> (763,722)
<NET-INVESTMENT-INCOME> 5,324,682
<REALIZED-GAINS-CURRENT> (12,156)
<APPREC-INCREASE-CURRENT> 2,341,877
<NET-CHANGE-FROM-OPS> 7,654,403
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (47,687)
<DISTRIBUTIONS-OF-GAINS> (2,435)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 87,451
<NUMBER-OF-SHARES-REDEEMED> (14,495)
<SHARES-REINVESTED> 2,440
<NET-CHANGE-IN-ASSETS> 7,676,866
<ACCUMULATED-NII-PRIOR> (107,458)
<ACCUMULATED-GAINS-PRIOR> 238,515
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 555,705
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 763,722
<AVERAGE-NET-ASSETS> 196,565,690
<PER-SHARE-NAV-BEGIN> 11.530
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> 0.120
<PER-SHARE-DIVIDEND> (0.280)
<PER-SHARE-DISTRIBUTIONS> (0.010)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.640
<EXPENSE-RATIO> 1.340
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 202
<NAME> FRANKLIN ARIZONA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 741,470,289
<INVESTMENTS-AT-VALUE> 786,385,132
<RECEIVABLES> 11,671,295
<ASSETS-OTHER> 130,150
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 798,186,577
<PAYABLE-FOR-SECURITIES> 7,789,619
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,065,679
<TOTAL-LIABILITIES> 9,855,298
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 740,809,146
<SHARES-COMMON-STOCK> 782,255
<SHARES-COMMON-PRIOR> 485,678
<ACCUMULATED-NII-CURRENT> 267,142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,340,148
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 44,914,843
<NET-ASSETS> 788,331,279
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,730,234
<OTHER-INCOME> 0
<EXPENSES-NET> (2,472,400)
<NET-INVESTMENT-INCOME> 21,257,834
<REALIZED-GAINS-CURRENT> 2,346,564
<APPREC-INCREASE-CURRENT> 3,076,593
<NET-CHANGE-FROM-OPS> 26,680,991
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (174,212)
<DISTRIBUTIONS-OF-GAINS> (7,690)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 333,186
<NUMBER-OF-SHARES-REDEEMED> (47,486)
<SHARES-REINVESTED> 10,877
<NET-CHANGE-IN-ASSETS> 30,510,737
<ACCUMULATED-NII-PRIOR> 163,313
<ACCUMULATED-GAINS-PRIOR> 781,030
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,861,764
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,472,400
<AVERAGE-NET-ASSETS> 769,932,524
<PER-SHARE-NAV-BEGIN> 11.300
<PER-SHARE-NII> .280
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.280)
<PER-SHARE-DISTRIBUTIONS> (.010)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.370
<EXPENSE-RATIO> 1.200
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> FRANKLIN GEORGIA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 138,797,754
<INVESTMENTS-AT-VALUE> 146,480,849
<RECEIVABLES> 2,277,659
<ASSETS-OTHER> 193,104
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 148,951,612
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 582,880
<TOTAL-LIABILITIES> 582,880
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 140,650,548
<SHARES-COMMON-STOCK> 500,266
<SHARES-COMMON-PRIOR> 376,236
<ACCUMULATED-NII-CURRENT> 79,003
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (43,914)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,683,095
<NET-ASSETS> 148,368,732
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,448,031
<OTHER-INCOME> 0
<EXPENSES-NET> (568,561)
<NET-INVESTMENT-INCOME> 3,879,470
<REALIZED-GAINS-CURRENT> 873,764
<APPREC-INCREASE-CURRENT> (63,754)
<NET-CHANGE-FROM-OPS> 4,689,480
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (118,551)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 165,083
<NUMBER-OF-SHARES-REDEEMED> (47,391)
<SHARES-REINVESTED> 6,338
<NET-CHANGE-IN-ASSETS> 3,981,381
<ACCUMULATED-NII-PRIOR> 29,370
<ACCUMULATED-GAINS-PRIOR> (917,678)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 424,751
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 568,561
<AVERAGE-NET-ASSETS> 144,828,226
<PER-SHARE-NAV-BEGIN> 11.920
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .060
<PER-SHARE-DIVIDEND> (.280)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.990
<EXPENSE-RATIO> 1.330
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 082
<NAME> FRANKLIN PENNSYLVANIA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 655,729,246
<INVESTMENTS-AT-VALUE> 692,585,510
<RECEIVABLES> 14,406,791
<ASSETS-OTHER> 109,611
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 707,101,912
<PAYABLE-FOR-SECURITIES> 6,305,880
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,231,669
<TOTAL-LIABILITIES> 8,537,549
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 658,647,834
<SHARES-COMMON-STOCK> 1,775,835
<SHARES-COMMON-PRIOR> 1,144,565
<ACCUMULATED-NII-CURRENT> 89,522
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,970,743
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36,856,264
<NET-ASSETS> 698,564,363
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21,454,789
<OTHER-INCOME> 0
<EXPENSES-NET> (2,290,559)
<NET-INVESTMENT-INCOME> 19,164,230
<REALIZED-GAINS-CURRENT> 2,971,823
<APPREC-INCREASE-CURRENT> 2,732,648
<NET-CHANGE-FROM-OPS> 24,868,701
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (383,026)
<DISTRIBUTIONS-OF-GAINS> (60,718)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 650,239
<NUMBER-OF-SHARES-REDEEMED> (47,103)
<SHARES-REINVESTED> 28,134
<NET-CHANGE-IN-ASSETS> 28,290,711
<ACCUMULATED-NII-PRIOR> 373,927
<ACCUMULATED-GAINS-PRIOR> 2,801,890
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,663,777
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,290,559
<AVERAGE-NET-ASSETS> 681,926,166
<PER-SHARE-NAV-BEGIN> 10.430
<PER-SHARE-NII> .260
<PER-SHARE-GAIN-APPREC> .090
<PER-SHARE-DIVIDEND> (.270)
<PER-SHARE-DISTRIBUTIONS> (.040)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.470
<EXPENSE-RATIO> 1.220
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX FREE TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS QUALIFIEDIN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 112
<NAME> FRANKLIN MISSOURI TAX FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 278,531,937
<INVESTMENTS-AT-VALUE> 294,060,369
<RECEIVABLES> 5,133,548
<ASSETS-OTHER> 275,705
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 299,469,622
<PAYABLE-FOR-SECURITIES> 8,720,166
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,207,706
<TOTAL-LIABILITIES> 9,927,872
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 272,614,764
<SHARES-COMMON-STOCK> 550,001
<SHARES-COMMON-PRIOR> 362,419
<ACCUMULATED-NII-CURRENT> 590,618
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 808,536
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,528,432
<NET-ASSETS> 289,541,750
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,609,028
<OTHER-INCOME> 0
<EXPENSES-NET> (1,006,007)
<NET-INVESTMENT-INCOME> 7,603,021
<REALIZED-GAINS-CURRENT> 810,928
<APPREC-INCREASE-CURRENT> 2,570,854
<NET-CHANGE-FROM-OPS> 10,984,803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (132,404)
<DISTRIBUTIONS-OF-GAINS> (3,999)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 218,168
<NUMBER-OF-SHARES-REDEEMED> (38,665)
<SHARES-REINVESTED> 8,079
<NET-CHANGE-IN-ASSETS> 15,682,420
<ACCUMULATED-NII-PRIOR> 548,705
<ACCUMULATED-GAINS-PRIOR> 196,677
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 756,703
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,006,007
<AVERAGE-NET-ASSETS> 279,847,424
<PER-SHARE-NAV-BEGIN> 11.850
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .160
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (.010)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.000
<EXPENSE-RATIO> 1.270
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 122
<NAME> FRANKLIN OREGON TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 382,976,289
<INVESTMENTS-AT-VALUE> 408,221,170
<RECEIVABLES> 7,880,413
<ASSETS-OTHER> 133,600
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 416,235,183
<PAYABLE-FOR-SECURITIES> 1,435,700
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,530,317
<TOTAL-LIABILITIES> 2,966,017
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 391,216,523
<SHARES-COMMON-STOCK> 948,114
<SHARES-COMMON-PRIOR> 611,702
<ACCUMULATED-NII-CURRENT> 1,610,599
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,802,837)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,244,881
<NET-ASSETS> 413,269,166
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12,207,056
<OTHER-INCOME> 0
<EXPENSES-NET> (1,379,839)
<NET-INVESTMENT-INCOME> 10,827,217
<REALIZED-GAINS-CURRENT> 468,957
<APPREC-INCREASE-CURRENT> 3,404,128
<NET-CHANGE-FROM-OPS> 14,700,302
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (208,562)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 372,919
<NUMBER-OF-SHARES-REDEEMED> (49,638)
<SHARES-REINVESTED> 13,131
<NET-CHANGE-IN-ASSETS> 22,166,429
<ACCUMULATED-NII-PRIOR> 1,470,171
<ACCUMULATED-GAINS-PRIOR> (5,271,794)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,028,487
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,379,839
<AVERAGE-NET-ASSETS> 400,019,482
<PER-SHARE-NAV-BEGIN> 11.610
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> 0.110
<PER-SHARE-DIVIDEND> (0.280)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.720
<EXPENSE-RATIO> 1.240
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 132
<NAME> FRANKLIN TEXAS TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 118,700,570
<INVESTMENTS-AT-VALUE> 126,777,005
<RECEIVABLES> 2,155,057
<ASSETS-OTHER> 39,055
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 128,971,117
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 606,999
<TOTAL-LIABILITIES> 606,999
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 120,481,206
<SHARES-COMMON-STOCK> 110,104
<SHARES-COMMON-PRIOR> 64,374
<ACCUMULATED-NII-CURRENT> (29,940)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (163,583)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,076,435
<NET-ASSETS> 128,364,118
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,023,677
<OTHER-INCOME> 0
<EXPENSES-NET> (491,723)
<NET-INVESTMENT-INCOME> 3,531,954
<REALIZED-GAINS-CURRENT> (163,056)
<APPREC-INCREASE-CURRENT> 1,208,372
<NET-CHANGE-FROM-OPS> 4,577,270
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (24,455)
<DISTRIBUTIONS-OF-GAINS> (3,045)
<DISTRIBUTIONS-OTHER> (360)
<NUMBER-OF-SHARES-SOLD> 53,503
<NUMBER-OF-SHARES-REDEEMED> (9,744)
<SHARES-REINVESTED> 1,971
<NET-CHANGE-IN-ASSETS> 1,012,110
<ACCUMULATED-NII-PRIOR> 51,160
<ACCUMULATED-GAINS-PRIOR> 347,091
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 380,022
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 491,723
<AVERAGE-NET-ASSETS> 127,059,164
<PER-SHARE-NAV-BEGIN> 11.490
<PER-SHARE-NII> .300
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (.030)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.550
<EXPENSE-RATIO> 1.310
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FROM THE FRANKLIN TAX FREE
TRUST AUGUST 31, 1997 SEMI ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATMENTS.
</LEGEND>
<SERIES>
<NUMBER> 162
<NAME> FRANKLIN FLORIDA TAX FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,471,993,169
<INVESTMENTS-AT-VALUE> 1,562,283,655
<RECEIVABLES> 33,548,503
<ASSETS-OTHER> 303,756
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,596,135,914
<PAYABLE-FOR-SECURITIES> 11,022,819
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,253,943
<TOTAL-LIABILITIES> 18,276,762
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,488,375,786
<SHARES-COMMON-STOCK> 3,422,125
<SHARES-COMMON-PRIOR> 2,018,521
<ACCUMULATED-NII-CURRENT> (5,815)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (801,305)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90,290,486
<NET-ASSETS> 1,577,859,152
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 47,323,828
<OTHER-INCOME> 0
<EXPENSES-NET> (4,734,329)
<NET-INVESTMENT-INCOME> 42,589,499
<REALIZED-GAINS-CURRENT> 3,585,682
<APPREC-INCREASE-CURRENT> 7,501,696
<NET-CHANGE-FROM-OPS> 53,676,877
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (785,564)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (36,504)
<NUMBER-OF-SHARES-SOLD> 1,623,250
<NUMBER-OF-SHARES-REDEEMED> (260,273)
<SHARES-REINVESTED> 40,627
<NET-CHANGE-IN-ASSETS> 96,216,513
<ACCUMULATED-NII-PRIOR> 1,660,453
<ACCUMULATED-GAINS-PRIOR> (4,386,987)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,556,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,734,329
<AVERAGE-NET-ASSETS> 1,518,611,655
<PER-SHARE-NAV-BEGIN> 11.670
<PER-SHARE-NII> .300
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.310)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.740
<EXPENSE-RATIO> 1.180
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 222
<NAME> FRANKLIN CONNECTICUT TAX-FREE INCOME FUND CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 185,621,026
<INVESTMENTS-AT-VALUE> 199,090,908
<RECEIVABLES> 3,088,052
<ASSETS-OTHER> 114,623
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 202,293,583
<PAYABLE-FOR-SECURITIES> 1,510,969
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 764,862
<TOTAL-LIABILITIES> 2,275,831
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 193,069,621
<SHARES-COMMON-STOCK> 557,058
<SHARES-COMMON-PRIOR> 379,133
<ACCUMULATED-NII-CURRENT> (6,154)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6,515,597)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,469,882
<NET-ASSETS> 200,017,752
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,028,317
<OTHER-INCOME> 0
<EXPENSES-NET> (721,256)
<NET-INVESTMENT-INCOME> 5,307,061
<REALIZED-GAINS-CURRENT> 4,622
<APPREC-INCREASE-CURRENT> 1,780,157
<NET-CHANGE-FROM-OPS> 7,091,840
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (125,153)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (820)
<NUMBER-OF-SHARES-SOLD> 207,567
<NUMBER-OF-SHARES-REDEEMED> (36,604)
<SHARES-REINVESTED> 6,962
<NET-CHANGE-IN-ASSETS> 12,220,256
<ACCUMULATED-NII-PRIOR> 19,798
<ACCUMULATED-GAINS-PRIOR> (6,520,219)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 547,913
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 721,256
<AVERAGE-NET-ASSETS> 193,219,665
<PER-SHARE-NAV-BEGIN> 10.940
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> 0.090
<PER-SHARE-DIVIDEND> (0.270)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.040
<EXPENSE-RATIO> 1.28
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 192
<NAME> FRANKLIN NORTH CAROLINA TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 269,066,201
<INVESTMENTS-AT-VALUE> 284,236,426
<RECEIVABLES> 5,087,157
<ASSETS-OTHER> 716,828
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 290,040,411
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,285,634
<TOTAL-LIABILITIES> 1,285,634
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 275,861,846
<SHARES-COMMON-STOCK> 1,188,953
<SHARES-COMMON-PRIOR> 814,708
<ACCUMULATED-NII-CURRENT> 263,625
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,540,919)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,170,225
<NET-ASSETS> 288,754,777
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,418,351
<OTHER-INCOME> 0
<EXPENSES-NET> (1,021,113)
<NET-INVESTMENT-INCOME> 7,397,238
<REALIZED-GAINS-CURRENT> 576,797
<APPREC-INCREASE-CURRENT> 2,291,879
<NET-CHANGE-FROM-OPS> 10,265,914
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (268,872)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 400,132
<NUMBER-OF-SHARES-REDEEMED> (39,662)
<SHARES-REINVESTED> 13,775
<NET-CHANGE-IN-ASSETS> 18,169,300
<ACCUMULATED-NII-PRIOR> 137,710
<ACCUMULATED-GAINS-PRIOR> (3,117,716)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 752,289
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,021,113
<AVERAGE-NET-ASSETS> 277,580,304
<PER-SHARE-NAV-BEGIN> 11.790
<PER-SHARE-NII> .280
<PER-SHARE-GAIN-APPREC> .130
<PER-SHARE-DIVIDEND> (.280)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.920
<EXPENSE-RATIO> 1.270
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 212
<NAME> FRANKLIN NEW JERSEY TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 586,959,300
<INVESTMENTS-AT-VALUE> 620,656,099
<RECEIVABLES> 11,997,217
<ASSETS-OTHER> 1,300,893
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 633,954,209
<PAYABLE-FOR-SECURITIES> 3,730,422
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,012,937
<TOTAL-LIABILITIES> 6,743,359
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 595,202,453
<SHARES-COMMON-STOCK> 1,796,926
<SHARES-COMMON-PRIOR> 1,123,282
<ACCUMULATED-NII-CURRENT> 766,816
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,455,218)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,696,799
<NET-ASSETS> 627,210,850
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,372,027
<OTHER-INCOME> 0
<EXPENSES-NET> (2,072,125)
<NET-INVESTMENT-INCOME> 16,299,902
<REALIZED-GAINS-CURRENT> 843,285
<APPREC-INCREASE-CURRENT> 3,802,450
<NET-CHANGE-FROM-OPS> 20,945,637
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (422,087)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 712,000
<NUMBER-OF-SHARES-REDEEMED> (63,266)
<SHARES-REINVESTED> 24,910
<NET-CHANGE-IN-ASSETS> 39,424,385
<ACCUMULATED-NII-PRIOR> 1,032,211
<ACCUMULATED-GAINS-PRIOR> (3,298,503)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,486,933
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,072,125
<AVERAGE-NET-ASSETS> 602,781,945
<PER-SHARE-NAV-BEGIN> 11.660
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> 0.100
<PER-SHARE-DIVIDEND> (0.290)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.750
<EXPENSE-RATIO> 1.230
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 041
<NAME> FRANKLIN MINNESOTA INSURED TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 464,089,925
<INVESTMENTS-AT-VALUE> 485,870,240
<RECEIVABLES> 5,456,241
<ASSETS-OTHER> 44,228
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 491,370,709
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,659,498
<TOTAL-LIABILITIES> 1,659,498
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 465,258,079
<SHARES-COMMON-STOCK> 39,940,884
<SHARES-COMMON-PRIOR> 40,157,975
<ACCUMULATED-NII-CURRENT> 308,586
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,364,231
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,780,315
<NET-ASSETS> 489,711,211
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,715,980
<OTHER-INCOME> 0
<EXPENSES-NET> (1,687,846)
<NET-INVESTMENT-INCOME> 13,028,134
<REALIZED-GAINS-CURRENT> 2,908,020
<APPREC-INCREASE-CURRENT> 419,831
<NET-CHANGE-FROM-OPS> 16,355,985
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12,839,557)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,525,337
<NUMBER-OF-SHARES-REDEEMED> (2,296,564)
<SHARES-REINVESTED> 554,136
<NET-CHANGE-IN-ASSETS> 2,740,068
<ACCUMULATED-NII-PRIOR> 263,020
<ACCUMULATED-GAINS-PRIOR> (543,789)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,218,477
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,687,846
<AVERAGE-NET-ASSETS> 486,154,530
<PER-SHARE-NAV-BEGIN> 12.010
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.090
<EXPENSE-RATIO> .690
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 042
<NAME> FRANKLIN MINNESOTA INSURED TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 464,089,925
<INVESTMENTS-AT-VALUE> 485,870,240
<RECEIVABLES> 5,456,241
<ASSETS-OTHER> 44,228
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 491,370,709
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,659,498
<TOTAL-LIABILITIES> 1,659,498
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 465,258,079
<SHARES-COMMON-STOCK> 564,269
<SHARES-COMMON-PRIOR> 402,074
<ACCUMULATED-NII-CURRENT> 308,586
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,364,231
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,780,315
<NET-ASSETS> 489,711,211
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,715,980
<OTHER-INCOME> 0
<EXPENSES-NET> (1,687,846)
<NET-INVESTMENT-INCOME> 13,028,134
<REALIZED-GAINS-CURRENT> 2,908,020
<APPREC-INCREASE-CURRENT> 419,831
<NET-CHANGE-FROM-OPS> 16,355,985
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (143,011)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 186,802
<NUMBER-OF-SHARES-REDEEMED> (32,017)
<SHARES-REINVESTED> 7,410
<NET-CHANGE-IN-ASSETS> 2,740,068
<ACCUMULATED-NII-PRIOR> 263,020
<ACCUMULATED-GAINS-PRIOR> (543,789)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,218,477
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,687,846
<AVERAGE-NET-ASSETS> 486,154,530
<PER-SHARE-NAV-BEGIN> 12.050
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .080
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.130
<EXPENSE-RATIO> 1.260
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TAX-FREE TRUST AUGUST 31, 1997 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 221
<NAME> FRANKLIN CONNECTICUT TAX-FREE INCOME FUND CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 185,621,026
<INVESTMENTS-AT-VALUE> 199,090,908
<RECEIVABLES> 3,088,052
<ASSETS-OTHER> 114,623
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 202,293,583
<PAYABLE-FOR-SECURITIES> 1,510,969
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 764,862
<TOTAL-LIABILITIES> 2,275,831
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 193,069,621
<SHARES-COMMON-STOCK> 17,590,706
<SHARES-COMMON-PRIOR> 16,811,298
<ACCUMULATED-NII-CURRENT> (6,154)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6,515,597)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,469,882
<NET-ASSETS> 200,017,752
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,028,317
<OTHER-INCOME> 0
<EXPENSES-NET> (721,256)
<NET-INVESTMENT-INCOME> 5,307,061
<REALIZED-GAINS-CURRENT> 4,622
<APPREC-INCREASE-CURRENT> 1,780,157
<NET-CHANGE-FROM-OPS> 7,091,840
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,201,706)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (5,334)
<NUMBER-OF-SHARES-SOLD> 1,612,106
<NUMBER-OF-SHARES-REDEEMED> (1,041,803)
<SHARES-REINVESTED> 209,105
<NET-CHANGE-IN-ASSETS> 12,220,256
<ACCUMULATED-NII-PRIOR> 19,798
<ACCUMULATED-GAINS-PRIOR> (6,520,219)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 547,913
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 721,256
<AVERAGE-NET-ASSETS> 193,219,655
<PER-SHARE-NAV-BEGIN> 10.920
<PER-SHARE-NII> 0.300
<PER-SHARE-GAIN-APPREC> 0.100
<PER-SHARE-DIVIDEND> (0.300)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.020
<EXPENSE-RATIO> .74
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
