Pineville, Louisiana Property Taxes
The median property tax rate in Pineville, LA is 0.61%, notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Pineville at $77,900, the typical annual property tax bill amounts to $472, significantly below the national median of $2,690. Property taxes in Pineville 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 Pineville'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 Pineville 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
Pineville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$475
Ownwell’s Pineville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineville 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 Pineville, Louisiana
Property taxes in Pineville, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineville is 0.33%, significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within Pineville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineville 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 Pineville's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71360 zip code has the highest median property tax rate of 0.33%, while the same zip code also has the lowest median tax rate of 0.33%. Understanding how these cities compare with Pineville provides valuable insights into the varying tax landscape across Rapides Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pineville Tax Rate
0.61%
Average Avoyelles County Tax Rate
0.83%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pineville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71360 | 0.57% | 0.59% | 0.61% | 0.65% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Pineville, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pineville, 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 Avoyelles 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 Pineville, 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 highest median tax bill in Pineville is $472 in the 71360 zip code. 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 Pineville Assessed Value
$77,900
Average Avoyelles County Assessed Value
$50,400
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pineville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71360 | $16,030 | $45,850 | $77,900 | $119,100 | $147,260 |
Source: Ownwell
Property Tax Bills Across Pineville, Louisiana
In Pineville, property tax bills are calculated based on the assessed value of your home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. For example, with a median home price of $77,900, homeowners can expect varying tax bills depending on their property's assessed value. Factors such as property size, location, and any improvements or modifications can influence the assessed value. In Pineville, the tax bills range significantly, with the 25th percentile at $299 and the 75th percentile reaching $670. The highest median tax bill in the area is $472, which is notably lower than the national median property tax rate of 0.99%. These property taxes are crucial for funding local services such as schools, infrastructure, and emergency services. Homeowners in Pineville should be aware of these factors as they can significantly impact their annual expenses and overall budget.
Average Pineville Tax Bill
$472
Average Avoyelles County Tax Bill
$436
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Pineville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71360 | $133 | $299 | $472 | $670 | $848 |
Source: Ownwell