Clinton, Louisiana Property Taxes
The median property tax rate in Clinton, LA is 0.54%, significantly lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $78,900 in Clinton, the typical annual property tax bill is $422, well below the national median of $2,690. Property taxes in Clinton are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Clinton'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 Clinton or another part of East Feliciana, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clinton, 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 Clinton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clinton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clinton 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 East Feliciana County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Clinton, Louisiana
Property taxes in Clinton, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clinton is 0.54%, which is significantly lower than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Clinton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clinton 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 Clinton's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70722 zip code has the highest median property tax rate of 0.54%, while the same zip code also has the lowest median tax rate of 0.54%. Understanding how these cities compare with Clinton provides valuable insights into the varying tax landscape across East Feliciana, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clinton Tax Rate
0.54%
Average East Feliciana County Tax Rate
0.54%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clinton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70722 | 0.50% | 0.51% | 0.54% | 0.57% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Clinton, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Clinton, 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 East Feliciana 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 Clinton, 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 example, the highest median tax bill in the area is $422 in the 70722 zip code. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clinton Assessed Value
$78,900
Average East Feliciana County Assessed Value
$76,100
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clinton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70722 | $25,334 | $48,250 | $78,900 | $131,950 | $205,340 |
Source: Ownwell
Property Tax Bills Across Clinton, Louisiana
In Clinton, East Feliciana, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is typically a percentage of the home's market value. Various factors are considered, such as the property's location, size, and condition. The tax rate is then applied to this assessed value to calculate the annual tax bill. For example, with a median home price of $78,900, homeowners in Clinton can expect their property tax bills to vary. Those in the 25th percentile might pay around $271 annually, while those in the 75th percentile could see bills of approximately $676. At the 90th percentile, tax bills can reach up to $1018. These figures are relatively low compared to the national median property tax rate of 0.99%, making Clinton an affordable place for homeowners. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Clinton Tax Bill
$422
Average East Feliciana County Tax Bill
$407
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Clinton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70722 | $163 | $271 | $422 | $676 | $1,018 |
Source: Ownwell