Napoleonville, Louisiana Property Taxes
The median property tax rate in Napoleonville, LA is 1.02%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Napoleonville at $75,700, the typical annual property tax bill reaches $802, which is below the national median of $2,690. Property taxes in Napoleonville 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 Napoleonville'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 Napoleonville 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
Napoleonville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$772
Ownwell’s Napoleonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Napoleonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Napoleonville 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 Napoleonville, Louisiana
Property taxes in Napoleonville, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Napoleonville is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Napoleonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Napoleonville 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 Napoleonville's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70390 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Napoleonville provides valuable insights into the varying tax landscape across Assumption Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Napoleonville Tax Rate
1.02%
Average Assumption County Tax Rate
1.08%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Napoleonville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70390 | 1.01% | 1.02% | 1.02% | 1.11% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Napoleonville, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Napoleonville, Louisiana. 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 Assumption Parish 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 Napoleonville, 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 Napoleonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 70390 has the highest median tax bill of $802, while also having the lowest median tax bill of $802.
Average Napoleonville Assessed Value
$75,700
Average Assumption County Assessed Value
$88,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Napoleonville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70390 | $19,400 | $39,800 | $75,700 | $153,850 | $237,600 |
Source: Ownwell
Property Tax Bills Across Napoleonville, Louisiana
In Napoleonville, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $75,700, homeowners can expect their tax bill to vary significantly. The 25th percentile tax bill stands at $421, while those in the 75th percentile might pay around $1,628. At the 90th percentile, the tax bill can reach up to $2,497. These figures are influenced by various factors, including changes in property values and local tax rates. Homeowners in Napoleonville, located in Assumption Parish, experience a median tax bill of $802, which aligns with the highest and lowest median tax bills in the area. Compared to the national median property tax rate of 0.99%, Napoleonville’s property taxes can represent a significant financial consideration for residents, impacting their overall cost of homeownership.
Average Napoleonville Tax Bill
$802
Average Assumption County Tax Bill
$951
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Napoleonville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70390 | $205 | $421 | $802 | $1,628 | $2,497 |
Source: Ownwell