Grant County Property Taxes
The median property tax rate in Grant County is 1.57%, which is significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Grant County at $52,470, the typical annual property tax bill reaches $835. Property taxes in Grant County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Grant County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Colfax or another part of Grant County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grant County 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 Grant County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Grant County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Grant County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Grant County, Louisiana
Property taxes in Grant County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Grant County is 1.57%, which is higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Grant County set these rates annually, and they can vary significantly between different areas within the county. Each year, Grant County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Grant County's effective property tax rate with other counties in Louisiana and the national median. For comparison, the city of Colfax has one of the higher property tax rates in Louisiana at 1.67%, while the city of Georgetown boasts one of the lowest at 1.42%. Analyzing how Grant County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Grant County Tax Rate
1.57%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grant County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlanta | 1.52% | 1.52% | 1.52% | 1.52% | 1.52% |
| Ball | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
| Bentley | 1.55% | 1.58% | 1.58% | 1.58% | 1.58% |
| Colfax | 1.58% | 1.61% | 1.67% | 1.72% | 1.86% |
| Dry Prong | 1.55% | 1.55% | 1.58% | 1.58% | 1.61% |
| Georgetown | 1.42% | 1.42% | 1.42% | 1.45% | 1.50% |
| Montgomery | 1.49% | 1.49% | 1.52% | 1.57% | 1.58% |
| Pineville | 1.58% | 1.61% | 1.61% | 1.61% | 1.61% |
| Pollock | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Grant County, Louisiana
In Grant County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Grant County Appraisal District. The assessed value, however, 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. Assessment notices in Grant County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Pineville has the highest median tax bill at $1,545, while Montgomery has the lowest at $509. Being aware of these valuation processes in Grant County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Grant County Assessed Value
$52,470
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grant County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlanta | $8,032 | $15,900 | $36,290 | $73,730 | $97,742 |
| Ball | $48,314 | $75,290 | $93,285 | $110,950 | $142,096 |
| Bentley | $13,347 | $33,875 | $73,785 | $119,560 | $169,818 |
| Colfax | $8,012 | $18,010 | $41,270 | $77,420 | $127,968 |
| Dry Prong | $10,000 | $28,150 | $65,405 | $110,598 | $162,931 |
| Georgetown | $8,586 | $20,000 | $41,210 | $70,350 | $105,454 |
| Montgomery | $6,500 | $13,300 | $33,100 | $68,540 | $99,140 |
| Pineville | $20,760 | $61,770 | $95,940 | $124,815 | $163,362 |
| Pollock | $10,524 | $27,750 | $64,510 | $119,250 | $178,370 |
Source: Ownwell
Property Tax Bills Across Grant County, Louisiana
In Grant County, LA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the parish assessor's office and typically represents a percentage of the property's market value. Various factors influence this assessed value, including the property's location, size, and condition. For homeowners in Grant County, the median home price is $52,470. Depending on the value of their property, tax bills can vary significantly. For instance, the 25th percentile tax bill is around $347, while the 75th percentile tax bill reaches $1,498. At the 90th percentile, homeowners might see tax bills as high as $2,397. Comparatively, Pineville has the highest median tax bill in the county at $1,545, while Montgomery has the lowest at $509. These property taxes fund essential public services, such as schools, infrastructure, and emergency services, impacting the overall quality of life in the community. Understanding how these taxes are calculated can help homeowners anticipate their financial obligations and plan accordingly.
Average Grant County Tax Bill
$835
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Grant County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlanta | $122 | $242 | $552 | $1,122 | $1,487 |
| Ball | $747 | $1,165 | $1,443 | $1,716 | $2,198 |
| Bentley | $211 | $536 | $1,159 | $1,892 | $2,679 |
| Colfax | $142 | $316 | $707 | $1,316 | $2,127 |
| Dry Prong | $158 | $445 | $1,032 | $1,746 | $2,563 |
| Georgetown | $128 | $289 | $612 | $1,032 | $1,536 |
| Montgomery | $99 | $206 | $509 | $1,043 | $1,537 |
| Pineville | $335 | $988 | $1,545 | $2,010 | $2,594 |
| Pollock | $162 | $429 | $989 | $1,844 | $2,759 |
Source: Ownwell