Kentwood, Louisiana Property Taxes
The median property tax rate in Kentwood, LA is 1.51%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Kentwood at $53,110, the typical annual property tax bill reaches $899, which is below the national median of $2,690. Property taxes in Kentwood are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kentwood'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 Kentwood 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
Kentwood, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$802
Ownwell’s Kentwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kentwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kentwood 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kentwood, Louisiana
Property taxes in Kentwood, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kentwood is 1.51%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Kentwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kentwood 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 Kentwood's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70444 has the highest median property tax rate of 1.51%, while the same zip code also has the lowest median tax rate of 1.51%. Understanding how these areas compare with Kentwood provides valuable insights into the varying tax landscape across St. Helena Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kentwood Tax Rate
1.51%
Average St. Helena County Tax Rate
1.62%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kentwood, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70444 | 1.45% | 1.45% | 1.51% | 1.68% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Kentwood, Louisiana
In Kentwood, 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 St. Helena Parish Assessor's Office 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 Kentwood, 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 Kentwood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $899, found in zip code 70444, which is also the lowest median tax bill, highlighting the uniformity in tax assessments within the region.
Average Kentwood Assessed Value
$53,110
Average St. Helena County Assessed Value
$49,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kentwood, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70444 | $13,987 | $31,342 | $53,110 | $71,600 | $94,888 |
Source: Ownwell
Property Tax Bills Across Kentwood, Louisiana
In Kentwood, 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 a percentage of the market value of the property, which is then multiplied by the tax rate set by local taxing authorities. For homeowners in Kentwood, the tax bills can vary significantly. The 25th percentile tax bill is $539, while the 75th percentile tax bill reaches $1121. At the higher end, the 90th percentile tax bill is $1547. These figures indicate a range of tax burdens that can affect homeowners differently depending on their property's assessed value. The median home price in Kentwood is $53,110, and when compared to the national median property tax rate of 0.99%, the tax rates in Kentwood can be seen as relatively moderate. Homeowners in this area need to be aware of these factors as they can influence their annual financial planning and overall affordability of homeownership.
Average Kentwood Tax Bill
$899
Average St. Helena County Tax Bill
$802
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Kentwood, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70444 | $273 | $539 | $899 | $1,121 | $1,547 |
Source: Ownwell