Delta, Louisiana Property Taxes
The median property tax rate in Delta, LA is 1.25%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Delta, the typical annual property tax bill reaches $269, which is significantly lower than the national median of $2,690. Property taxes in Delta are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Delta'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 Delta 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
Delta, 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 Delta Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Delta with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Delta to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, more localized information can be found by scrolling down. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Delta, Louisiana
Property taxes in Delta, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Delta is 1.25%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Delta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delta 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 Delta's effective property tax rate to other areas in Louisiana and the national median. For comparison, the 71233 zip code has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these areas compare with Delta provides valuable insights into the varying tax landscape across Madison Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Delta Tax Rate
1.25%
Average Madison County Tax Rate
1.39%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delta, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71233 | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Delta, Louisiana
In Delta, 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 local 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 Delta, 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 Delta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Delta are both $269, found in the 71233 zip code.
Average Delta Assessed Value
$21,560
Average Madison County Assessed Value
$38,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delta, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71233 | $10,048 | $15,000 | $21,560 | $38,190 | $53,100 |
Source: Ownwell
Property Tax Bills Across Delta, Louisiana
In Delta, Madison County, LA, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Delta, the median home price is $21,560. Property tax bills can vary significantly, with the 25th percentile bill at $187 and the 75th percentile bill at $477. At the higher end, the 90th percentile tax bill reaches $663. These amounts are relatively modest compared to the national median property tax rate of 0.99%. This calculation method ensures that property taxes are proportionate to the value of the property, impacting homeowners' annual expenses and contributing to local funding for public services and infrastructure.
Average Delta Tax Bill
$269
Average Madison County Tax Bill
$491
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Delta, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71233 | $125 | $187 | $269 | $477 | $663 |
Source: Ownwell