Edgard, Louisiana Property Taxes
The median property tax rate in Edgard, LA is 1.25%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Edgard being $40,000, the typical annual property tax bill reaches $393, which is below the national median of $2,690. Property taxes in Edgard are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Edgard'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 Edgard 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
Edgard, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$500
Ownwell’s Edgard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Edgard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edgard 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 Edgard, Louisiana
Property taxes in Edgard, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Edgard is 1.25%, significantly higher than the U.S. national median of 0.99%. Local government entities within Edgard set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edgard 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 Edgard's effective property tax rate to other regions in Louisiana and the national median. For comparison, the zip code 70049 has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Edgard provides valuable insights into the varying tax landscape across St. John the Baptist Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Edgard Tax Rate
1.25%
Average St. John The Baptist County Tax Rate
0.84%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edgard, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70049 | 0.44% | 1.25% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Edgard, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Edgard, Louisiana. 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. John the Baptist 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 Edgard, 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. For instance, the median home price in Edgard is $40,000, with tax bills ranging from $188 at the 25th percentile to $1,004 at the 90th percentile. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Edgard Assessed Value
$40,000
Average St. John The Baptist County Assessed Value
$112,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edgard, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70049 | $7,000 | $17,500 | $40,000 | $75,000 | $129,600 |
Source: Ownwell
Property Tax Bills Across Edgard, Louisiana
In Edgard, located in St. John the Baptist Parish, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The median home price in the area is $40,000. The tax rate in Edgard is notably lower than the national median property tax rate of 0.99%. Homeowners in Edgard experience a range of property tax bills, with the 25th percentile paying around $188, while those in the 75th percentile pay approximately $816. At the 90th percentile, the tax bill can reach up to $1,004. These property taxes are influenced by various factors including property location, size, and market conditions. For homeowners, this means that their annual tax bill can vary significantly based on these assessed values. The highest and lowest median tax bills both stand at $393 in the zip code 70049, reflecting a relatively consistent tax rate within this area. These taxes fund essential local services, impacting community development and public resources.
Average Edgard Tax Bill
$393
Average St. John The Baptist County Tax Bill
$836
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Edgard, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70049 | $88 | $188 | $393 | $816 | $1,004 |
Source: Ownwell