Creole, Louisiana Property Taxes
The median property tax rate in Creole, LA is 1.65%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Creole at $12,444, the typical annual property tax bill reaches $77, which is significantly lower than the national median of $2,690. Property taxes in Creole 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 Creole'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 Creole 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
Creole, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$205
Ownwell’s Creole Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Creole with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Creole 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 Cameron County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Creole, Louisiana
Property taxes in Creole, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Creole is 1.65%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Creole set these rates annually, and they can vary significantly across different neighborhoods. Each year, Creole 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 Creole's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70632 zip code has the highest median property tax rate of 1.65%, while the same 70632 zip code also has the lowest median tax rate of 1.65%. Understanding how these cities compare with Creole provides valuable insights into the varying tax landscape across Cameron Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Creole Tax Rate
1.65%
Average Cameron County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Creole, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70632 | 0.38% | 1.62% | 1.65% | 1.65% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Creole, Louisiana
In Creole, 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 Cameron Parish Assessor's Office 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 Creole, 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. For example, the median home price in Creole is $12,444, with tax bills ranging from $42 at the 25th percentile to $684 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 in Creole helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Creole Assessed Value
$12,444
Average Cameron County Assessed Value
$47,775
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Creole, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70632 | $1,411 | $3,585 | $12,444 | $36,720 | $52,598 |
Source: Ownwell
Property Tax Bills Across Creole, Louisiana
Property tax bills in Creole, located in Cameron County, LA, are determined based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the local assessor. For homeowners in Creole, the median home price is $12,444. With a property tax rate that aligns closely with regional norms, the tax bill can vary significantly. At the 25th percentile, homeowners might see a tax bill of around $42, while those at the 75th percentile could pay approximately $275. For properties at the higher end of the spectrum, the 90th percentile tax bill can reach up to $684. These variations are influenced by factors such as property size, location, and any applicable exemptions. Understanding these elements helps homeowners anticipate their annual tax obligations and manage their finances accordingly. Compared to the national median property tax rate of 0.99%, Creole's rates offer a unique perspective on local property tax dynamics.
Average Creole Tax Bill
$77
Average Cameron County Tax Bill
$465
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Creole, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70632 | $17 | $42 | $77 | $275 | $684 |
Source: Ownwell