Jackson, Louisiana Property Taxes
The median property tax rate in JACKSON, LA is 1.00%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in JACKSON at $310,750, the typical annual property tax bill reaches $3,131, surpassing the national median of $2,690. Property taxes in JACKSON 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 JACKSON'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 JACKSON 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
Jackson, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$3,108
Ownwell's Jackson Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Jackson with just two key inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Jackson to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax obligations. For those interested in exploring trends on a neighborhood level, more localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Jackson, Louisiana
Property taxes in JACKSON, Louisiana, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in JACKSON is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within JACKSON set these rates annually, and they can vary significantly across different neighborhoods. Each year, JACKSON 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 JACKSON's effective property tax rate to other areas in East Baton Rouge and the national median. For comparison, the zip code 70748 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with JACKSON provides valuable insights into the varying tax landscape across East Baton Rouge, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jackson Tax Rate
1.00%
Average East Baton Rouge County Tax Rate
0.90%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70748 | 0.79% | 0.92% | 1.00% | 1.06% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in JACKSON, LA. 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 East Baton Rouge County Appraisal District 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 JACKSON, 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. For instance, the median home price in JACKSON is $310,750, with tax bills ranging from $2,243 at the 25th percentile to $4,792 at the 90th percentile. The zip code with the highest median tax bill is 70748, amounting to $3,131. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jackson Assessed Value
$310,750
Average East Baton Rouge County Assessed Value
$153,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70748 | $181,000 | $244,500 | $310,750 | $380,225 | $434,500 |
Source: Ownwell
Property Tax Bills Across Jackson, Louisiana
In Jackson, located in East Baton Rouge County, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. For instance, homeowners might qualify for exemptions that reduce their taxable value, thereby lowering their tax bill. Homeowners in Jackson face varying tax bills. The 25th percentile tax bill is around $2,243, while those in the 75th percentile pay approximately $4,085. At the 90th percentile, the tax bill can reach up to $4,792. These figures reflect the range of property taxes within the area, which can significantly impact homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, Jackson's property tax burden varies widely, emphasizing the importance of understanding local tax assessments and potential exemptions.
Average Jackson Tax Bill
$3,131
Average East Baton Rouge County Tax Bill
$1,304
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70748 | $1,396 | $2,243 | $3,131 | $4,085 | $4,792 |
Source: Ownwell