Home›Property Tax›Louisiana›Franklin Parish
County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Franklin Parish, Louisiana

Franklin Parish has an effective property tax rate of 0.31%. On the median home value of $113,000, that's roughly $351 per year. Median household income is $47,020.

Effective Property Tax Rate1
0.31%
median tax $351 ÷ median home $113,000
Median Home Value1
$113,000
owner-occupied
Median Household Income1
$47,020
per-capita $26,643
Est. Annual Tax on Median Home1
$351
at 0.31% effective rate

What you'll pay, at a glance

Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.

MetricFranklin ParishLouisiana (state context)
Effective property tax rate10.31%0.44%
Median home value1$113,000—
State income tax3top rate 3.00%top rate 3.00%
State sales tax310.13% combined10.13% combined

How this is calculated

The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.

About Franklin Parish, LA

Franklin Parish offers an affordable entry point for buyers, with a median home value of $113,000 and an effective property tax rate of 0.311%. That combination yields a median annual real-estate tax bill of just $351. The statewide median effective rate is 0.438%, so Franklin Parish sits below it, ranking 51st of 64 counties in Louisiana by property tax rate. Nationally, the median effective rate is 0.794%, more than double what buyers here encounter. Households earning a median of $47,020, alongside per-capita income of $26,643, will find these costs fit comfortably within a budget. Communities such as Baskin, Crowville, and Fort Necessity anchor the parish, giving prospective buyers several places to consider. Low home prices paired with low taxes mean the upfront and ongoing costs of owning property here stay within reach.

Frequently asked questions

What is the property tax rate in Franklin Parish, LA?
The effective rate is 0.31% — meaning the median tax bill equals about 0.31% of the median home value.
How much are property taxes on a median home?
On the median home ($113,000), the estimated annual bill is about $351.
Is Franklin Parish's rate high or low?
Compare it to the state median of 0.44% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Franklin Parish assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Franklin Parish assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.