Jackson County Property Taxes
The median property tax rate in Jackson County is 0.74%, which is notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Jackson County being $44,500, the typical annual property tax bill amounts to $274, significantly below the national median of $2,690. Property taxes in Jackson County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Jackson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Jonesboro or another part of Jackson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jackson County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$329
Ownwell’s Jackson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Jackson with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Jackson 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 Jackson County, Louisiana
Property taxes in Jackson play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jackson is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Jackson set these rates annually, and they can vary significantly between different areas within the county. Each year, Jackson 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. For comparison, the city of Grayson has one of the higher property tax rates in the region at 1.07%, while the city of Columbia boasts one of the lowest at 0.57%. Analyzing how Jackson's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jackson County Tax Rate
0.74%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson County, Louisiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Calhoun | 0.73% | 0.73% | 0.73% | 0.74% | 0.74% |
Chatham | N/A | N/A | N/A | N/A | N/A |
Choudrant | 0.15% | 0.34% | 0.75% | 1.07% | 1.07% |
Columbia | 0.57% | 0.57% | 0.57% | 0.57% | 0.57% |
Eros | 0.13% | 0.34% | 0.94% | 1.07% | 1.07% |
Grayson | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% |
Hodge | N/A | N/A | N/A | N/A | N/A |
Jonesboro | 0.17% | 0.17% | 0.74% | 1.12% | 1.12% |
Quitman | N/A | N/A | N/A | N/A | N/A |
Ruston | 0.15% | 0.38% | 0.66% | 1.07% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Jackson County, Louisiana
In Jackson, 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 Jackson 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 Jackson 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. For instance, in Jackson, the city with the highest median tax bill is Calhoun at $1,766, whereas Jonesboro has the lowest median tax bill at $265. Being aware of these valuation processes in Jackson will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Jackson County, Louisiana
Source: Ownwell
$32,400
$136,375
$240,350
Average Jackson County Assessed Value
$44,500
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson County, Louisiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Calhoun | $235,670 | $237,425 | $240,350 | $243,275 | $245,030 |
Chatham | N/A | N/A | N/A | N/A | N/A |
Choudrant | $14,300 | $25,550 | $48,200 | $79,825 | $129,550 |
Columbia | $43,510 | $63,475 | $96,750 | $130,025 | $149,990 |
Eros | $12,220 | $24,625 | $46,350 | $77,975 | $126,050 |
Grayson | $28,480 | $29,950 | $32,400 | $46,750 | $55,360 |
Hodge | N/A | N/A | N/A | N/A | N/A |
Jonesboro | $12,200 | $24,300 | $43,100 | $83,950 | $154,300 |
Quitman | N/A | N/A | N/A | N/A | N/A |
Ruston | $14,720 | $27,900 | $52,000 | $109,100 | $182,080 |
Source: Ownwell
Property Tax Bills Across Jackson County, Louisiana
Property tax bills in Jackson County, LA, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the amount owed. Factors such as property type, location, and any applicable exemptions or deductions also influence the final tax bill. For instance, the median home price in Jackson County is $44,500, and tax bills can vary significantly within the county. Homeowners at the 25th percentile pay around $96, while those at the 75th percentile face bills of about $662. At the 90th percentile, tax bills can reach up to $1,559. Comparatively, the highest median tax bill in the region is found in Calhoun at $1,766, while the lowest is in Jonesboro at $265. These variations can significantly impact homeowners' finances, underscoring the importance of understanding how property taxes are calculated and what factors can influence them.
Average Jackson County Tax Bill
$274
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson County, Louisiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Calhoun | $1,716 | $1,735 | $1,766 | $1,798 | $1,816 |
Chatham | N/A | N/A | N/A | N/A | N/A |
Choudrant | $79 | $156 | $287 | $648 | $1,343 |
Columbia | $932 | $932 | $932 | $932 | $932 |
Eros | $74 | $144 | $320 | $616 | $1,073 |
Grayson | $376 | $422 | $498 | $574 | $620 |
Hodge | N/A | N/A | N/A | N/A | N/A |
Jonesboro | $51 | $91 | $265 | $570 | $1,267 |
Quitman | N/A | N/A | N/A | N/A | N/A |
Ruston | $93 | $185 | $417 | $881 | $1,632 |
Source: Ownwell