Saline, Louisiana Property Taxes
The median property tax rate in Saline, LA is 0.79%, which is lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Saline at $56,495, the typical annual property tax bill is $444, significantly below the national median of $2,690. Property taxes in Saline are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Saline's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saline or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saline, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$446
Ownwell’s SALINE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in SALINE with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in SALINE to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the figure assigned by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Saline, Louisiana
Property taxes in Saline, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saline is 0.43%, significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within Saline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saline 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 Saline's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71070 zip code has both the highest and lowest median property tax rate of 0.79%. Understanding how these cities compare with Saline provides valuable insights into the varying tax landscape across Winn Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saline Tax Rate
0.79%
Average Winn County Tax Rate
0.79%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71070 | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Saline, Louisiana
In Saline, 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 Winn 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. 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 Saline helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Saline is $444 in the 71070 zip code, while the lowest is also $444 in the same zip code.
Average Saline Assessed Value
$56,495
Average Winn County Assessed Value
$36,260
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71070 | $14,470 | $19,555 | $56,495 | $68,995 | $77,080 |
Source: Ownwell
Property Tax Bills Across Saline, Louisiana
Property tax bills in Saline, located in Winn County, LA, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors come into play when calculating the tax bill, including property location, home size, and any applicable exemptions. Homeowners in Saline experience a range of tax bills. For instance, the 25th percentile tax bill is $144, while the 75th percentile reaches $546. The 90th percentile tax bill can go up to $607. These figures illustrate the variability in property tax obligations depending on individual property characteristics and valuations. Compared to the national median property tax rate of 0.99%, Saline's tax bills reflect a localized approach to property taxation. Understanding these factors helps homeowners anticipate their financial responsibilities and manage their budgets effectively.
Average Saline Tax Bill
$444
Average Winn County Tax Bill
$296
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Saline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71070 | $115 | $144 | $444 | $546 | $607 |
Source: Ownwell