Sulphur, Louisiana Property Taxes
The median property tax rate in Sulphur, LA is 0.77%, which is notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $89,300 in Sulphur, the typical annual property tax bill amounts to $623, significantly below the national median of $2,690. Property taxes in Sulphur are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Sulphur'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 Sulphur 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
Sulphur, 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 SULPHUR Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SULPHUR with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SULPHUR 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 Sulphur, Louisiana
Property taxes in Sulphur, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sulphur is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Sulphur set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sulphur 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 Sulphur's effective property tax rate to other areas in Calcasieu Parish and the national median. For comparison, the 70665 zip code has the highest median property tax rate of 0.85%, while the 70663 zip code has the lowest median tax rate of 0.73%. Understanding how these areas compare with Sulphur 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 Sulphur Tax Rate
0.77%
Average Calcasieu County Tax Rate
0.79%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sulphur, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70663 | 0.16% | 0.40% | 0.73% | 1.07% | 1.15% |
| 70665 | 0.31% | 0.67% | 0.85% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Sulphur, Louisiana
In Sulphur, 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's Office 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 Sulphur, 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, homeowners in zip code 70665 face the highest median tax bill at $757, while those in zip code 70663 encounter the lowest at $582. Being aware of these valuation processes in Sulphur helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sulphur Assessed Value
$89,300
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 Sulphur, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70663 | $26,500 | $46,400 | $85,500 | $141,700 | $205,500 |
| 70665 | $24,800 | $48,825 | $102,950 | $203,400 | $269,300 |
Source: Ownwell
Property Tax Bills Across Sulphur, Louisiana
In Sulphur, located in Calcasieu Parish, property tax bills are calculated based on the assessed value of a home, which is often a percentage of its market value. The median home price in Sulphur is $89,300. Homeowners can expect a range of property tax bills depending on their home's assessed value and the applicable tax rates. For instance, the 25th percentile of tax bills is around $266, while the 75th percentile reaches up to $1,221. Those in the 90th percentile may see tax bills as high as $1,920. The highest median tax bill in Sulphur is $757 in the 70665 zip code, whereas the lowest median tax bill is $582 in the 70663 zip code. These property taxes contribute significantly to local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Compared to the national median property tax rate of 0.99%, Sulphur's property taxes are relatively moderate, making it a potentially attractive location for homeowners.
Average Sulphur Tax Bill
$623
Average Calcasieu County Tax Bill
$588
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Sulphur, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70663 | $81 | $223 | $582 | $1,058 | $1,695 |
| 70665 | $153 | $361 | $757 | $1,560 | $2,355 |
Source: Ownwell