Property details·Franklinton, Washington County, Louisiana·0800024075C
41289 River Run Road
Franklinton, LA 70438
Washington County
0800024075C
30.939392, -90.205117
County context
There's a quiet paradox at the heart of Washington Parish's housing story. Nearly seven in ten residents own their homes — a rate that comfortably exceeds the national average of around 65% — yet a quarter of the population lives in poverty, and one in three children grows up in a household that qualifies as poor. Homeownership here isn't a sign of prosperity; it's often a generational inheritance, a piece of land passed down through families in a rural corner of southeast Louisiana where cash has always been tight and roots run deep.
| Stat | Value | Context |
|---|---|---|
| Median Home Value | $139,400 | less than half the national median of $320,000 |
| Poverty Rate | 24.2% | nearly double the national average |
| Homeownership Rate | 69.4% | above the national average despite severe income constraints |
| Rent Burden | 45.3% | far exceeds the 30% threshold considered sustainable |
Washington Parish sits in Louisiana's "Florida Parishes" — the cluster of rural communities north of Lake Pontchartrain that have never fully plugged into the state's oil-and-gas wealth or its tourism economy. The unemployment rate of 10.8% is roughly three times the national benchmark, and a labor force participation rate of just 50.6% suggests many working-age residents have simply stopped looking for formal employment. With per capita income at $25,520, the parish earns less than half what a typical American does — and that income inequality is stark: a Gini coefficient of 0.487 puts Washington Parish among the more unequal counties in a state not known for economic balance.
The education picture compounds the challenge. Only 8.5% of adults hold a bachelor's degree — a figure that would rank near the bottom of virtually any state's county-level rankings. Nearly 16% haven't finished high school at all. Without a significant employer anchor (the parish seat of Franklinton has some timber and light industry, but nothing transformative), the pipeline from education to employment remains broken for too many residents.
The 30% of households who rent face a particularly brutal squeeze. Median rent of $772 may sound modest compared to Baton Rouge or New Orleans, but when median household income sits at $42,776, that rent consumes a crushing 45% of income before utilities or groceries. Nearly 16% of renters are in severe rent burden — spending over half their income on housing. In a parish where the housing stock is old, vacancy is high (17.6%), and broadband gaps still affect more than a quarter of residents, the renter population is disproportionately exposed to economic shocks.
With a median age of 41 and 18.5% of residents over 65, Washington Parish is aging faster than it's growing. Nearly a quarter of residents report a disability. One in four households has no internet access — a gap that, in 2024, translates directly into reduced access to telehealth, remote work, and job applications. The 3.9% work-from-home rate tells you this isn't a place the remote work revolution has reached.
What makes Washington Parish unique in Louisiana's real estate market? Washington Parish is unusual in combining very low home values, very high homeownership rates, and very deep poverty simultaneously. It's a place where land ownership is culturally entrenched but market forces offer little reward for it — homes are affordable to buy precisely because wages and demand are both so depressed.
Is it a good time to buy property in Washington Parish? The price-to-income ratio of roughly 3.3x is genuinely low by national standards, and there's no speculative bubble here. But buyers should weigh that against a shrinking labor market, aging infrastructure, and limited appreciation potential. It's a market for people planting long-term roots — not investors chasing returns.
Why is child poverty so high in Washington Parish? At 33.7%, child poverty reflects the compounding effect of low wages, high unemployment, limited educational attainment, and sparse public services in a rural parish with no major employment anchor. Many families with children rely on SNAP benefits (27.3% of households) just to cover basics.
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