Franklinton, Tangipahoa County, Louisiana Property Taxes

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

Median Franklinton, 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 Franklinton, LA home value: $79,222
Median annual Franklinton, LA tax bill: $611, $1,789 lower than the national median property tax bill of $2,400.

How are property taxes in Tangipahoa calculated?

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

Last Updated March 1, 2025

Franklinton, 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

$610

$566

Ownwell’s Franklinton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Franklinton with just two data points. By entering your property's estimated assessed value, our calculator applies Franklinton’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 Franklinton, Tangipahoa 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 Franklinton, located in Tangipahoa County, Louisiana, the effective property tax rate stands at 0.77%. This is lower than the national median property tax rate of 1.02% and significantly more affordable compared to other regions across the United States. Homeowners in Franklinton benefit from a more manageable tax burden, making it an attractive option for property owners. The state's median property tax rate is also 0.77%, aligning with Franklinton's rate. This consistency within Louisiana offers residents predictability in their property tax bills, which is often not the case in other states where rates can fluctuate significantly from one area to another.

Property Tax Rates Across Franklinton, 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 Franklinton 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 Franklinton, Tangipahoa County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70438	0.77%	0.77%	0.77%	0.77%	0.77%

Source: Ownwell

Property Tax Assessment Values Across Franklinton, Tangipahoa County, Louisiana

When examining property taxes in Franklinton, 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 Parish Assessor 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 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 Franklinton.

For example, the median home price in Franklinton is $79,222, with tax bills ranging significantly across the county. Zip code 70438 has the highest median home price at $79,222.

Property Tax Assessment Values Across Franklinton, Tangipahoa County, Louisiana

Source: Ownwell

$16,500

$74,819

$133,138

Median Franklinton Market Value

$79,222

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 Franklinton, Tangipahoa County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70438	$23,713	$48,360	$79,222	$103,132	$190,888

Source: Ownwell

Property Tax Bills Across Franklinton, Tangipahoa County, Louisiana

In Franklinton, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to determine the property tax bill. Homeowners in Franklinton typically see a median property tax bill of $611, which is significantly lower than the national median of $2,400. This is beneficial for homeowners, as it represents a smaller financial burden compared to the national average. However, even with lower rates, there are opportunities for savings. Ownwell can assist homeowners by identifying potential errors in the assessed value or ensuring that all eligible exemptions are applied. By appealing incorrect assessments or uncovering overlooked exemptions, Ownwell can help reduce property tax bills, ensuring homeowners only pay their fair share. This service is particularly valuable in maintaining financial stability for property owners in Franklinton, where every dollar saved can make a difference.

Property Tax Bills Across Franklinton, Tangipahoa County, Louisiana

Source: Ownwell

$141

$704

$1,266

Median Franklinton Tax Bill

$611

Median Tangipahoa County Tax Bill

$889

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Franklinton, Tangipahoa County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70438	$183	$343	$611	$795	$1,472

Source: Ownwell