Haughton, Louisiana Property Taxes
The median property tax rate in Haughton, LA is 0.75%, 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 Haughton, the typical annual property tax bill is $724, significantly below the national median of $2,690. Property taxes in Haughton are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Haughton'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 Haughton 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
Haughton, 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 Haughton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haughton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haughton 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 Haughton, Louisiana
Property taxes in Haughton, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haughton is 0.75%, which is lower than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Haughton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haughton 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 Haughton's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71037 zip code has the highest median property tax rate of 0.75%, while also having the lowest median tax rate of 0.75%. Understanding how these cities compare with Haughton provides valuable insights into the varying tax landscape across Bossier Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haughton Tax Rate
0.75%
Average Bossier County Tax Rate
0.89%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haughton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71037 | 0.12% | 0.45% | 0.75% | 1.22% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Haughton, Louisiana
In Haughton, 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 Bossier 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 Haughton, 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 Haughton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 71037 has the highest median tax bill at $724.00, while the lowest median tax bill is also $724.00, reflecting the uniformity in this area.
Average Haughton Assessed Value
$124,249
Average Bossier County Assessed Value
$124,242
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Haughton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71037 | $9,158 | $38,751 | $124,249 | $190,752 | $274,487 |
Source: Ownwell
Property Tax Bills Across Haughton, Louisiana
In Haughton, located in Bossier County, LA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as the property's location, size, and condition can influence its assessed value. For instance, the median home price in Haughton is $124,249, and tax bills can vary significantly within the area. Homeowners in the 25th percentile pay around $116, while those in the 75th percentile face bills of approximately $1,568. At the 90th percentile, tax bills can reach up to $2,524. These property taxes fund essential public services, including schools, infrastructure, and emergency services, directly affecting homeowners' quality of life. Compared to the national median property tax rate of 0.99%, Haughton's rates reflect a range that can be manageable for some while more burdensome for others, depending on individual property values and local tax policies.
Average Haughton Tax Bill
$724
Average Bossier County Tax Bill
$943
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Haughton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71037 | $36 | $116 | $724 | $1,568 | $2,524 |
Source: Ownwell