Holden, Louisiana Property Taxes
The median property tax rate in Holden, LA is 0.88%, slightly below both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Holden at $60,800, the typical annual property tax bill reaches $539, significantly lower than the national median of $2,690. Property taxes in Holden are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Holden'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 Holden 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
Holden, 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 Holden Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Holden. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Holden to provide an accurate estimate of your property tax bill. This user-friendly tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed insights, scroll down to explore trends at a neighborhood level. Your property’s assessed value, determined by the county, is essential for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Holden, Louisiana
Property taxes in Holden, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Holden is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Holden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Holden 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 Holden's effective property tax rate to other areas in Livingston Parish and the national median. For comparison, the zip code 70744 has both the highest and lowest median property tax rate of 0.88%. Understanding how these areas compare with Holden provides valuable insights into the varying tax landscape across Livingston Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Holden Tax Rate
0.88%
Average Livingston County Tax Rate
1.18%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Holden, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70744 | 0.88% | 0.88% | 0.88% | 0.89% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Holden, Louisiana
In Holden, 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 Livingston 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 Holden, 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. Being aware of these valuation processes in Holden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Holden, the zip code 70744 has both the highest and lowest median tax bill at $539.
Average Holden Assessed Value
$60,800
Average Livingston County Assessed Value
$123,300
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Holden, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70744 | $16,600 | $33,100 | $60,800 | $108,300 | $166,060 |
Source: Ownwell
Property Tax Bills Across Holden, Louisiana
In Holden, property tax bills are calculated based on the assessed value of a home, which is determined by the Livingston County Assessor's office. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Several factors influence the assessed value, including the home's size, age, location, and condition. Market trends and recent sales of similar properties in the area also play a role. For instance, with a median home price of $60,800, homeowners in Holden can expect varying tax bills. The 25th percentile tax bill is around $292, while the 75th percentile tax bill reaches $960. At the 90th percentile, homeowners might see tax bills as high as $1,460. These property taxes fund essential community services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average Holden Tax Bill
$539
Average Livingston County Tax Bill
$1,385
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Holden, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70744 | $147 | $292 | $539 | $960 | $1,460 |
Source: Ownwell