Mount Airy, Louisiana Property Taxes
The median property tax rate in Mount Airy, 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 Mount Airy at $35,050, the typical annual property tax bill reaches $413, which is below the national median of $2,690. Property taxes in Mount Airy 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 Mount Airy'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 Mount Airy 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
Mount Airy, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$438
Ownwell’s Mount Airy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mount Airy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mount Airy 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 Mount Airy, Louisiana
Property taxes in Mount Airy, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Airy is 1.25%, which is higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Mount Airy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Airy 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 Mount Airy's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70076 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 areas compare with Mount Airy 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 Mount Airy 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 Mount Airy, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70076 | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Mount Airy, Louisiana
In Mount Airy, 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. John the Baptist 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 Mount Airy, 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 Mount Airy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 70076 has the highest and lowest median tax bill, both at $413, which is significantly lower than the national median property tax rate of 0.99%.
Average Mount Airy Assessed Value
$35,050
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 Mount Airy, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70076 | $14,590 | $15,000 | $35,050 | $66,000 | $75,000 |
Source: Ownwell
Property Tax Bills Across Mount Airy, Louisiana
In Mount Airy, St. John the Baptist County, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Mount Airy, the median home price is $35,050. The property tax bills can vary significantly, with the 25th percentile tax bill at $188 and the 75th percentile tax bill at $810. The 90th percentile tax bill reaches up to $939. These figures highlight the range of property tax burdens that homeowners might face, depending on their property's assessed value and applicable exemptions. The highest and lowest median tax bills in the area are both $413, indicating some consistency in tax assessments within the zip code 70076. Compared to the national median property tax rate of 0.99%, Mount Airy homeowners experience a relatively modest property tax burden, which can influence overall affordability and cost of living in the area.
Average Mount Airy Tax Bill
$413
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 Mount Airy, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70076 | $125 | $188 | $413 | $810 | $939 |
Source: Ownwell