Simmesport, Louisiana Property Taxes
The median property tax rate in Simmesport, LA is 1.28%, higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Simmesport at $30,400, the typical annual property tax bill is $396, which is below the national median of $2,690. Property taxes in Simmesport 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 Simmesport'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 Simmesport 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
Simmesport, Louisiana Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,820
Ownwell’s Simmesport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Simmesport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Simmesport 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 Simmesport, Louisiana
Property taxes in Simmesport, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Simmesport is 1.28%, significantly higher than the U.S. national median of 0.99%. Local government entities within Simmesport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Simmesport 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 Simmesport's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71369 zip code has the highest median property tax rate of 1.28%, while the same 71369 zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Simmesport 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 Simmesport Tax Rate
1.28%
Average Avoyelles County Tax Rate
0.83%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Simmesport, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71369 | 0.98% | 0.98% | 1.28% | 1.44% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Simmesport, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Simmesport, 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 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 Simmesport, 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. The median home price in Simmesport is $30,400, with tax bills ranging from $177 at the 25th percentile to $1,065 at the 90th percentile. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Simmesport Assessed Value
$30,400
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 Simmesport, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71369 | $8,000 | $14,275 | $30,400 | $60,125 | $101,550 |
Source: Ownwell
Property Tax Bills Across Simmesport, Louisiana
Property tax bills in Simmesport, located in Avoyelles Parish, Louisiana, are determined by several key factors. The primary factor is the assessed value of the property, which is a percentage of the market value. For Simmesport, the median home price is $30,400. Property tax rates are applied to this assessed value to calculate the annual tax bill. The tax bill can vary significantly, with the 25th percentile at $177 and the 75th percentile at $741, indicating a broad range of property values and tax burdens. The 90th percentile tax bill reaches $1,065, reflecting higher-value properties within the city. The highest and lowest median tax bills in Simmesport are both $396, highlighting a relatively consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Simmesport's rates are relatively modest. This affects homeowners by keeping their annual property tax expenses lower, which can be a financial relief, especially for those with fixed incomes or lower-valued homes.
Average Simmesport Tax Bill
$396
Average Avoyelles County Tax Bill
$436
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Simmesport, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71369 | $99 | $177 | $396 | $741 | $1,065 |
Source: Ownwell