Franklin Parish, Louisiana Property Taxes
Census Bureau ACS property tax data for Louisiana. Population: 5,418.
The median annual property tax in Franklin Parish is $378, which is 48% lower than the Louisiana state average and 80% below the national average. The effective tax rate is 0.32% on a median home value of $117,200. Property taxes represent 0.9% of the median household income in this county.
Median Annual Tax
$378
-48% vs State
-80% vs US
Median Home Value
$117,200
-28% vs State
-45% vs US
Effective Tax Rate
0.32%
-24% vs State
-66% vs US
With vs Without Mortgage
With Mortgage
$492
$41/mo
Without Mortgage
$311
$26/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $378 +11.8% | 0.32% |
| 2022 | $338 -6.4% | 0.34% |
| 2021 | $361 -0.6% | 0.41% |
| 2020 | $363 +4.3% | 0.42% |
| 2019 | $348 | 0.40% |
Tax Burden
Tax-to-Income Ratio
0.9%
of median household income
Median Income
$44,103
per year
Monthly Tax
$32
per month
Other Counties in Louisiana
Vernon Parish
Tax: $776/yr Rate: 0.54%
Beauregard Parish
Tax: $544/yr Rate: 0.33%
Union Parish
Tax: $470/yr Rate: 0.41%
East Carroll Parish
Tax: $251/yr Rate: 0.29%
St. Bernard Parish
Tax: $976/yr Rate: 0.51%
Terrebonne Parish
Tax: $852/yr Rate: 0.45%
Frequently Asked Questions
What is the average property tax in Franklin Parish, Louisiana? ▼
The median annual property tax in Franklin Parish is $378 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.32% on a median home value of $117,200.
How does Franklin Parish property tax compare to the national average? ▼
Property taxes in Franklin Parish are 80% below the national average of $1,923. The effective rate of 0.32% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Franklin Parish? ▼
In Franklin Parish, homeowners with a mortgage pay a median of $492 in annual property taxes, while homeowners without a mortgage pay $311. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Franklin Parish? ▼
Property taxes in Franklin Parish represent approximately 0.9% of the median household income of $44,103. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.