Hayes, Louisiana Property Taxes
The median property tax rate in Hayes, LA is 0.98%, closely aligning with the national median of 0.99% and slightly above the Louisiana state median of 0.91%. With a median home value of $44,900 in Hayes, the typical annual property tax bill is $362, significantly lower than the national median of $2,690. Property taxes in Hayes 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 Hayes'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 Hayes 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
Hayes, 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 Hayes Property Tax Bill Calculator is designed to assist homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Hayes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hayes to provide an estimate of your property tax bill. This valuable tool helps you comprehend potential tax obligations. For those interested in more granular details, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value is determined by the county and is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Hayes, Louisiana
Property taxes in Hayes, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hayes is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Hayes set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hayes 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 Hayes' effective property tax rate to other areas in Calcasieu Parish and the national median. For comparison, the 70646 zip code has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with Hayes provides valuable insights into the varying tax landscape across Calcasieu Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hayes Tax Rate
0.98%
Average Calcasieu County Tax Rate
0.79%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hayes, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70646 | 0.23% | 0.98% | 0.98% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Hayes, Louisiana
In Hayes, 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 Calcasieu 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 Hayes, 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 Hayes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Hayes is $362.00 in zip code 70646, while the lowest median tax bill is also $362.00, indicating a uniform tax bill across different areas.
Average Hayes Assessed Value
$44,900
Average Calcasieu County Assessed Value
$83,800
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hayes, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70646 | $11,580 | $23,900 | $44,900 | $76,650 | $97,520 |
Source: Ownwell
Property Tax Bills Across Hayes, Louisiana
Property tax bills in Hayes, Calcasieu County, LA are calculated based on the assessed value of a property. The assessed value is typically a percentage of the market value, which is determined by local tax assessors. Homeowners in Hayes can expect their tax bills to vary significantly, with the 25th percentile paying around $162 and the 75th percentile paying about $468 annually. At the 90th percentile, tax bills can reach up to $668. The median home price in Hayes is $44,900, which influences the overall tax burden. Compared to the national median property tax rate of 0.99%, the tax rates in Hayes can be considered relatively moderate. However, the impact on homeowners can vary widely depending on the specific assessed value of their property. For instance, in zip code 70646, the median tax bill is $362, which is consistent with both the highest and lowest median tax bills reported. This system ensures that property taxes are proportionate to property values, thereby distributing the tax burden equitably among homeowners.
Average Hayes Tax Bill
$362
Average Calcasieu County Tax Bill
$588
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Hayes, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70646 | $80 | $162 | $362 | $468 | $668 |
Source: Ownwell