Folsom, St. Tammany County, Louisiana Property Taxes

Name: Property Tax Bills Across Folsom, St. Tammany County, Louisiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Folsom, LA effective property tax rate: 0.95%, slightly lower than the national median of 1.02%, but higher than the Louisiana state median of 0.91%.
Median Folsom, LA home value: $155,600
Median annual Folsom, LA tax bill: $1,599, $801 lower than the national median property tax bill of $2,400.

How are property taxes in St. Tammany calculated?

Property taxes in Folsom, LA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Folsom’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Folsom, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Folsom, St. Tammany County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$1,478

$1,372

Ownwell’s Folsom Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Folsom with just two data points. By entering your property's estimated assessed value, our calculator applies Folsom’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in St. Tammany. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Folsom, St. Tammany County, Louisiana

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Folsom, located in St. Tammany County, LA, the effective property tax rate is reflective of this process. When compared to other cities in Louisiana, Folsom's property tax rate aligns with the state's median rate. Interestingly, Louisiana's median property tax rate is slightly below the national median of 1.02%, making it a relatively affordable state for property owners.

The consistency of the tax rate across St. Tammany County, including Folsom, indicates a stable and predictable tax environment for property owners. This can be particularly appealing for those considering purchasing property in the area, as it allows for better financial planning and budgeting. Understanding these dynamics can empower property owners to make informed decisions when it comes to property taxes and potential savings.

Property Tax Rates Across Folsom, St. Tammany County, Louisiana

Source: Ownwell

0.79%

0.94%

1.08%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Folsom Tax Rate

0.95%

Median Effective St. Tammany County Tax Rate

0.98%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Folsom, St. Tammany County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70437	0.43%	0.71%	0.95%	1.39%	1.40%

Source: Ownwell

Property Tax Assessment Values Across Folsom, St. Tammany County, Louisiana

When examining property taxes in Folsom, LA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The St. Tammany County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In St. Tammany County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Folsom. For example, the median home price in Folsom is $155,600, with tax bills ranging significantly across the county. 70437 has the highest median home price at $155,600.

Property Tax Assessment Values Across Folsom, St. Tammany County, Louisiana

Source: Ownwell

$67,000

$160,680

$254,360

Median Folsom Market Value

$155,600

Median St. Tammany County Market Value

$172,720

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Folsom, St. Tammany County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70437	$49,310	$87,690	$155,600	$231,330	$321,710

Source: Ownwell

Property Tax Bills Across Folsom, St. Tammany County, Louisiana

In Folsom, located in St. Tammany County, LA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price here is $155,600, and the property tax rate is a critical factor in calculating the final bill. Unlike the national median property tax bill of $2,400, Folsom residents experience a range, with the 25th percentile tax bill at $806 and the 75th percentile reaching $2,612. This variation highlights the influence of property value and assessment accuracy on tax bills. Homeowners at the 90th percentile face bills as high as $3,990, underscoring the importance of accurate assessments. Ownwell assists homeowners in navigating these complexities by providing property tax appeal and exemption services. This can lead to significant savings by ensuring that properties are not over-assessed, thus reducing the tax burden. By leveraging professional expertise, Ownwell helps ensure that homeowners pay only their fair share, potentially lowering their property tax expenses.

Property Tax Bills Across Folsom, St. Tammany County, Louisiana

Source: Ownwell

$689

$1,714

$2,738

Median Folsom Tax Bill

$1,599

Median St. Tammany County Tax Bill

$1,777

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Folsom, St. Tammany County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70437	$383	$806	$1,599	$2,612	$3,990

Source: Ownwell