Moreauville, Louisiana Property Taxes
The median property tax rate in Moreauville, LA is 0.98%, just below the national median of 0.99% but slightly above the Louisiana state median of 0.91%. With a median home value of $55,067 in Moreauville, the typical annual property tax bill amounts to $611, which is significantly lower than the national median of $2,690. Property taxes in Moreauville are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Moreauville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Moreauville or another part of Avoyelles Parish, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moreauville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$540
Ownwell’s Moreauville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moreauville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moreauville 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 Moreauville, Louisiana
Property taxes in Moreauville, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moreauville is 0.98%, slightly below the U.S. national median of 0.99%. Local government entities within Moreauville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moreauville 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 Moreauville's effective property tax rate to other areas in Avoyelles Parish and the national median. For comparison, the zip code 71355 has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with Moreauville provides valuable insights into the varying tax landscape across Avoyelles Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moreauville Tax Rate
0.98%
Average Avoyelles County Tax Rate
0.83%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moreauville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71355 | 0.98% | 0.98% | 0.98% | 1.36% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Moreauville, Louisiana
In Moreauville, Louisiana, 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 Avoyelles 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 Moreauville, 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 Moreauville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $611, corresponding to the zip code 71355.
Average Moreauville Assessed Value
$55,067
Average Avoyelles County Assessed Value
$50,400
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moreauville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71355 | $11,500 | $25,450 | $55,067 | $86,400 | $128,400 |
Source: Ownwell
Property Tax Bills Across Moreauville, Louisiana
In Moreauville, located in Avoyelles County, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the local tax assessor and is a percentage of the market value of the home. For instance, with a median home price of $55,067, the property tax rates are applied to this assessed value to determine the final tax bill. Several factors influence the tax bill, including property size, location, and improvements. Homeowners in Moreauville can expect tax bills to vary widely; for example, the 25th percentile tax bill is $277, while the 75th percentile tax bill reaches $953, and the 90th percentile can go up to $1,424. These property taxes fund essential public services, such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Moreauville’s tax rates are relatively moderate, making it an affordable place for homeowners.
Average Moreauville Tax Bill
$611
Average Avoyelles County Tax Bill
$436
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Moreauville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71355 | $122 | $277 | $611 | $953 | $1,424 |
Source: Ownwell