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Flood insurance cost · ZIP 70538 · LA

Flood insurance cost in ZIP 70538 (Franklin, LA)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 659 home policies in force on August 31, 2026.

ZIP code 70538 (Franklin, LA)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,791a year

Half of insured homes paid between $1,219 and $2,770. That is 35% more than the St. Mary Parish median ($1,324). Most insured homes here are rated in zone AE (66%).

$0$1,219 · $1,791 · $2,770$3,462
+10.0% vs Aug 31, 2025 (median $1,628)
659home policies in force
$2,149average cost (mean)
81%of insured homes in high-risk zones (A, V)
$140,000median building coverage

This is what policyholders paid, not a quote. Two neighbors can pay very different prices: NFIP prices depend on the building (elevation, foundation, number of floors, replacement cost), the coverage and deductible chosen and the distance to water (FEMA FloodSmart: premium factors). For a price for your building, ask an insurance agent. Private flood insurance is not included in these figures.

Cost by flood zone in ZIP code 70538

The flood zone on FEMA's map is one of the main price factors. Median and middle half of what insured homes paid, by the zone used to rate the policy.

Flood zoneMedianMiddle half (25th–75th percentile)AveragePoliciesvs last year
Zone VE / V
High risk, coastal		$4,675$3,630–$5,944$4,85743 (7%)+10.0%
Zone AE
High risk		$2,105$1,367–$2,840$2,211435 (66%)+12.9%
Zone A
High risk		$2,436$1,314–$3,578$2,41111 (2%)+39.6%
Zone AO
High risk, shallow		$1,676$986–$2,476$1,75048 (7%)+1.6%
Zone X
Moderate to low risk		$1,118$965–$1,264$1,106122 (19%)+20.2%

Not shown (fewer than 10 home policies): AH, A99/AR, D. Shares are of all insured homes; a few policies have no rated zone. "vs last year" compares medians with policies in force a year earlier.

Cost by type of building

All NFIP policies in force in ZIP code 70538, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home614$1,785$2,167
2–4 unit building19$2,731$2,798
Manufactured (mobile) home26$1,062$1,256
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		69$3,700$5,798

Not shown (fewer than 10 policies): condo or apartment unit, whole residential building (5+ units or condo association).

737NFIP policies in force, any building
737insured units (condo association policies count every unit)
49%of home policies also cover contents
$53,500median contents coverage, when bought

One year on: ZIP code 70538

Policies in force on August 31, 2026 compared with a year earlier. Nationwide, practically all policies in both years carry FEMA's Risk Rating 2.0 occupancy codes, so both years use the same pricing system. The policies are not the same: some were new, some lapsed.

Aug 31, 2025Aug 31, 2026Change
Home policies in force705659−6.5%
Median annual cost$1,628$1,791+10.0%
Average annual cost$1,925$2,149+11.6%
All policies in force (any building)793737−7.1%

Flood claims history

Since 1978, NFIP policyholders in ZIP 70538 have filed 1,209 flood claims. 950 received a payment, for a total of $22.8 million (an average of $24,019 per paid claim). The year with the most claims was 2008 (262 claims). Amounts are in dollars of the time, not adjusted for inflation.

01002003004001979: 19 claims, 17 paid, $49,746 in total1980: 48 claims, 36 paid, $119,407 in total19801984: 52 claims, 42 paid, $399,411 in total1985: 27 claims, 26 paid, $273,446 in total1988: 34 claims, 29 paid, $118,852 in total1989: 18 claims, 12 paid, $15,638 in total19901992: 46 claims, 33 paid, $321,158 in total1997: 23 claims, 19 paid, $195,076 in total1998: 10 claims20002001: 38 claims, 29 paid, $160,883 in total2002: 180 claims, 136 paid, $2,189,391 in total20022003: 11 claims2005: 251 claims, 213 paid, $8,952,636 in total20052008: 262 claims, 216 paid, $6,359,796 in total20082009: 20 claims, 17 paid, $292,718 in total20102017: 18 claims2019: 45 claims, 32 paid, $1,677,174 in total2020: 45 claims, 37 paid, $1,166,838 in total2020
Flood claims per year of loss, 1978–2026. Years with fewer than 10 claims are left blank. Hover a bar for details.
All years with at least 10 claims (18)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20204537$1,166,838$31,536
20194532$1,677,174$52,412
201718<10––
20092017$292,718$17,219
2008262216$6,359,796$29,444
2005251213$8,952,636$42,031
200311<10––
2002180136$2,189,391$16,098
20013829$160,883$5,548
199810<10––
19972319$195,076$10,267
19924633$321,158$9,732
19891812$15,638$1,303
19883429$118,852$4,098
19852726$273,446$10,517
19845242$399,411$9,510
19804836$119,407$3,317
19791917$49,746$2,926

From 2016 to 2026: 108 claims (counting only years with at least 10). 2026 is a partial year. Claims are counted where the insured property is; they include buildings and contents, homes and businesses.

NFIP communities in this ZIP code

Franklin (355 home policies) · Unincorporated St. Mary Parish (300 home policies). A ZIP code can cross city and county lines; each policy is counted once, in the ZIP code reported for the insured building.