71427 Property Tax Rate

Property owners in ZIP code 71427 (Flatwoods, Louisiana) pay a median of $199/year in property taxes on homes valued at $129,000. This translates to an effective tax rate of 0.15%, which is 66% below the Louisiana state average of 0.45%.

The monthly property tax burden for a median-valued home in 71427 is approximately $17, which factors into escrow payments on mortgages. This ZIP code is located within Rapides Parish. This is $669 less than the Louisiana average of $868/year.

Compared to similar ZIP codes in Louisiana, 71427 has lower property taxes. ZIP codes with similar effective rates include 71259 (0.16%) and 70722 (0.15%).

In Flatwoods, property taxes represent approximately 0.3% of the median household income of $67,663, providing context for the relative tax burden on homeowners in this area.

Louisiana does not reassess property at sale — your assessment will carry forward unless the Rapides Parish Assessor initiates a new valuation, which is rare without major improvements. Homeowners qualify for a $75,000 Homestead Exemption on assessed value; apply with the Rapides Parish Assessor before December 31 to lock it in for the year of purchase. Call the Rapides Parish Assessor at (318) 473-6200 to confirm filing requirements and obtain your assessment notice after closing.