Deridder, Louisiana Property Taxes
The median property tax rate in Deridder, LA is 1.32%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Deridder at $67,800, the typical annual property tax bill reaches $860, which is below the national median of $2,690. Property taxes in Deridder 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 Deridder'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 Deridder 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
Deridder, Louisiana Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,820
Ownwell’s DeRidder Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in DeRidder with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DeRidder 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 Deridder, Louisiana
Property taxes in DeRidder, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in DeRidder is 0.25%, significantly lower than both the Louisiana state median of 0.51% and the U.S. national median of 0.99%. Local government entities within DeRidder set these rates annually, and they can vary significantly across different neighborhoods. Each year, DeRidder 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 DeRidder's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70634 zip code has the highest median property tax rate of 0.25%, while the same zip code has the lowest median tax rate of 0.25%. Understanding how these cities compare with DeRidder provides valuable insights into the varying tax landscape across Beauregard Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deridder Tax Rate
1.32%
Average Vernon County Tax Rate
1.19%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deridder, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70634 | 1.26% | 1.26% | 1.32% | 1.32% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Deridder, Louisiana
In Deridder, 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 Vernon 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 Deridder, 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 median home price in Deridder is $67,800, with tax bills ranging from $329 at the 25th percentile to $2,529 at the 90th percentile. The highest and lowest median tax bills are both found in the 70634 zip code, each at $860. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Deridder Assessed Value
$67,800
Average Vernon County Assessed Value
$52,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deridder, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70634 | $10,000 | $25,425 | $67,800 | $136,950 | $196,950 |
Source: Ownwell
Property Tax Bills Across Deridder, Louisiana
In DERIDDER, located in Vernon County, LA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $67,800, the assessed value forms the foundation of the tax bill. The local tax rate is then applied to this assessed value to determine the final tax amount. Several factors influence the tax bill, including property size, location, and any applicable exemptions. The tax bills in DERIDDER can vary significantly, with the 25th percentile at $329 and the 75th percentile reaching $1,797. At the 90th percentile, homeowners may see bills as high as $2,529. Compared to the national median property tax rate of 0.99%, homeowners in DERIDDER experience a range of tax burdens. This variability can significantly impact homeowners' finances, making it crucial to understand how these factors combine to influence their annual property tax bills.
Average Deridder Tax Bill
$860
Average Vernon County Tax Bill
$626
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Deridder, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70634 | $131 | $329 | $860 | $1,797 | $2,529 |
Source: Ownwell