Folsom, Tangipahoa County, Louisiana Property Taxes

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

Median Folsom, LA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Folsom, LA home value: $106,286
Median annual Folsom, LA tax bill: $811, $1,589 lower than the national median property tax bill of $2,400.

How are property taxes in Tangipahoa 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, Tangipahoa County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.77%

Estimate Property Tax Bill

$818

$759

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 Tangipahoa. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Folsom, Tangipahoa County, Louisiana

Local government entities set tax rates, which can vary widely within a state. This is because each county 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, this is the annual process. In Folsom, located in Tangipahoa County in Louisiana, the effective property tax rate is 0.77%, which is significantly lower than the national median of 1.02%. This rate is consistent across Tangipahoa County, as indicated by both the highest and lowest median tax rates being the same. This consistency provides a stable expectation for property owners in the area. Compared to other cities in Louisiana and the national average, Folsom's property tax rate offers a more affordable option for homeowners. With property tax bills often being a significant expense, the lower rate in Folsom can provide substantial savings and make it an attractive location for potential homeowners seeking to minimize their annual property tax burden.

Property Tax Rates Across Folsom, Tangipahoa County, Louisiana

Source: Ownwell

0.77%

0.92%

1.06%

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

0.77%

Median Effective Tangipahoa County Tax Rate

0.87%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Folsom, Tangipahoa County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70437	0.72%	0.77%	0.77%	0.77%	0.77%

Source: Ownwell

Property Tax Assessment Values Across Folsom, Tangipahoa 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 Tangipahoa 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 Tangipahoa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 $106,286, with tax bills ranging significantly across the county. Zip code 70437 has the highest median home price at $106,286.

Property Tax Assessment Values Across Folsom, Tangipahoa County, Louisiana

Source: Ownwell

$16,500

$74,819

$133,138

Median Folsom Market Value

$106,286

Median Tangipahoa County Market Value

$100,451

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Folsom, Tangipahoa County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70437	$21,235	$52,478	$106,286	$210,518	$311,761

Source: Ownwell

Property Tax Bills Across Folsom, Tangipahoa County, Louisiana

In Folsom, located in Tangipahoa County, LA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. Homeowners in Folsom face a median property tax bill of $811, significantly lower than the national median of $2,400. This is due in part to the median home price of $106,286, which influences the overall tax bill. Factors such as property size, location, and improvements can also affect the assessed value. For homeowners, a lower tax bill can mean more disposable income and less financial strain. However, even with relatively low tax rates, there is potential for savings. Ownwell offers property tax appeal and exemption services that can help homeowners in Folsom reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners pay only their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Folsom, Tangipahoa County, Louisiana

Source: Ownwell

$141

$704

$1,266

Median Folsom Tax Bill

$811

Median Tangipahoa County Tax Bill

$889

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Folsom, Tangipahoa County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70437	$161	$396	$811	$1,623	$2,404

Source: Ownwell