Red River County Property Taxes
The median property tax rate in Red River County is 1.06%, which is higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $51,600 in Red River County, the typical annual property tax bill is $549, which is below the national median of $2,690. Property taxes in Red River County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural land. Understanding Red River 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 a city like Coushatta or another part of Red River County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Red River County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$547
Ownwell’s Red River Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Red River with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Red River 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 Red River County, Louisiana
Property taxes in Red River County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Red River County is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Red River County set these rates annually, and they can vary significantly between different areas within the county. Each year, Red River 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 Red River County's effective property tax rate with other counties in Louisiana and the national median. For comparison, the city of Shreveport has one of the higher property tax rates in Louisiana at 1.10%, while the city of Hall Summit boasts one of the lowest at 1.06%. Analyzing how Red River County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Red River County Tax Rate
1.06%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Red River County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Coushatta | 1.06% | 1.06% | 1.06% | 1.10% | 1.16% |
| Hall Summit | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
| Mansfield | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
| Ringgold | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
| Shreveport | 1.10% | 1.10% | 1.10% | 1.10% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Red River County, Louisiana
In Red River, 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 Red River 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 Red River 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, Shreveport has the highest median tax bill at $729, while Hall Summit has the lowest at $385. Being aware of these valuation processes in Red River will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Red River County, Louisiana
Source: Ownwell
$36,500
$51,350
$66,200
Average Red River County Assessed Value
$51,600
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Red River County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Coushatta | $12,500 | $27,000 | $51,000 | $85,000 | $154,640 |
| Hall Summit | $20,600 | $26,000 | $36,500 | $72,400 | $101,900 |
| Mansfield | $16,620 | $22,750 | $38,250 | $65,925 | $145,090 |
| Ringgold | $18,880 | $42,250 | $63,400 | $98,150 | $179,980 |
| Shreveport | $14,000 | $34,450 | $66,200 | $150,800 | $255,540 |
Source: Ownwell
Property Tax Bills Across Red River County, Louisiana
Property tax bills in Red River County, LA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local tax assessor and typically represents a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. In Red River County, homeowners can expect a median home price of $51,600, with tax bills varying significantly. For instance, the 25th percentile tax bill is around $295, while the 75th percentile tax bill can reach up to $926. At the 90th percentile, homeowners might see a tax bill as high as $1,714. Comparatively, Shreveport has the highest median tax bill in the region at $729, whereas Hall Summit has the lowest at $385. These variations can significantly impact homeowners, influencing their financial planning and overall cost of homeownership. Understanding these factors is crucial for homeowners to manage their property tax obligations effectively.
Average Red River County Tax Bill
$549
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Red River County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Coushatta | $139 | $295 | $544 | $918 | $1,668 |
| Hall Summit | $217 | $274 | $385 | $764 | $1,075 |
| Mansfield | $183 | $244 | $421 | $726 | $1,597 |
| Ringgold | $200 | $450 | $670 | $1,036 | $1,901 |
| Shreveport | $154 | $382 | $729 | $1,660 | $2,831 |
Source: Ownwell