Mandeville, Louisiana Property Taxes
The median property tax rate in Mandeville, LA is 1.03%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $227,300 in Mandeville, the typical annual property tax bill reaches $2,356, which is still below the national median of $2,690. Property taxes in Mandeville are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural use. Understanding Mandeville'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 Mandeville or another part of St. Tammany County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mandeville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$2,341
Ownwell’s Mandeville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mandeville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mandeville 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 Mandeville, Louisiana
Property taxes in Mandeville, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mandeville is 1.03%, higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Mandeville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mandeville 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 Mandeville's effective property tax rate to other areas in Louisiana and the national median. For comparison, the 70471 zip code has the highest median property tax rate of 1.08%, while the 70448 zip code has the lowest median tax rate of 0.98%. Understanding how these cities compare with Mandeville provides valuable insights into the varying tax landscape across St. Tammany Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mandeville Tax Rate
1.03%
Average St. Tammany County Tax Rate
0.98%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mandeville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70448 | 0.62% | 0.83% | 0.98% | 1.33% | 1.40% |
| 70471 | 0.69% | 0.89% | 1.08% | 1.30% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Mandeville, Louisiana
In Mandeville, 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. Tammany 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 Mandeville, 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. For instance, the highest median tax bill in Mandeville is $2,738 in the 70471 zip code, while the lowest is $2,182 in the 70448 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mandeville Assessed Value
$227,300
Average St. Tammany County Assessed Value
$172,720
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mandeville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70448 | $113,030 | $149,353 | $214,580 | $281,600 | $392,023 |
| 70471 | $102,934 | $163,480 | $254,360 | $368,220 | $517,020 |
Source: Ownwell
Property Tax Bills Across Mandeville, Louisiana
In Mandeville, located in St. Tammany Parish, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, a home with a median market price of $227,300 will have its assessed value determined by local assessment rates. Once this assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Several factors influence the tax bill, including the property's location within different zip codes. For example, the highest median tax bill in Mandeville is $2,738 in the 70471 zip code, while the lowest is $2,182 in the 70448 zip code. These figures are influenced by local tax rates and any applicable exemptions or deductions. Homeowners in Mandeville face a range of tax bills, from the 25th percentile at $1,474 to the 90th percentile reaching up to $5,737. Compared to the national median property tax rate of 0.99%, Mandeville's tax rates can significantly impact household budgets, making it crucial for homeowners to understand how their tax bills are determined.
Average Mandeville Tax Bill
$2,356
Average St. Tammany County Tax Bill
$1,777
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Mandeville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70448 | $805 | $1,400 | $2,182 | $3,159 | $4,776 |
| 70471 | $943 | $1,561 | $2,738 | $4,368 | $6,886 |
Source: Ownwell