La Crosse, Indiana Property Taxes
The median property tax rate in La Crosse, Indiana is 0.71%, which is lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in La Crosse at $428,000, the typical annual property tax bill reaches $3,051, surpassing the national median of $2,690. Property taxes in La Crosse are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding La Crosse's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of La Crosse or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
La Crosse, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$3,039
Ownwell’s LA CROSSE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA CROSSE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA CROSSE to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across La Crosse, Indiana
Property taxes in La Crosse, Indiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in La Crosse is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within La Crosse set these rates annually, and they can vary significantly across different neighborhoods. Each year, La Crosse estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares La Crosse's effective property tax rate to other counties in Indiana and the national median. For comparison, the 46348 zip code has both the highest and lowest median property tax rate of 0.71%. Understanding how these cities compare with La Crosse provides valuable insights into the varying tax landscape across Porter County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Crosse Tax Rate
0.71%
Average Porter County Tax Rate
0.91%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Crosse, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46348 | 0.70% | 0.71% | 0.71% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across La Crosse, Indiana
In LA CROSSE, Indiana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the county assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In LA CROSSE, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in LA CROSSE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 46348 has both the highest and lowest median tax bill at $3,051, which is significantly above the national median property tax rate of 0.99%.
Average La Crosse Assessed Value
$428,000
Average Porter County Assessed Value
$260,100
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Crosse, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46348 | $426,000 | $426,750 | $428,000 | $429,250 | $430,000 |
Source: Ownwell
Property Tax Bills Across La Crosse, Indiana
In LA CROSSE, located in Porter County, IN, property tax bills are calculated based on the assessed value of your home, which is determined by the local assessor's office. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $428,000, the tax bill can vary significantly depending on the assessed value and the specific tax rate applied. Factors such as property improvements, neighborhood developments, and changes in market conditions can influence your home's assessed value. In LA CROSSE, the tax bills range from the 25th percentile at $3,011 to the 90th percentile at $3,115, with the highest median tax bill recorded at $3,051 in the 46348 zip code. These property taxes are crucial for funding local services like schools, infrastructure, and emergency services, directly impacting homeowners by contributing to the quality of life and community development.
Average La Crosse Tax Bill
$3,051
Average Porter County Tax Bill
$2,499
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across La Crosse, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46348 | $2,987 | $3,011 | $3,051 | $3,091 | $3,115 |
Source: Ownwell