Clifton, Louisiana Property Taxes
The median property tax rate in Clifton, Louisiana is 0.81%, which is lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $36,100 in Clifton, the typical annual property tax bill amounts to $293, significantly below the national median of $2,690. Property taxes in Clifton are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Clifton'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 Clifton or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clifton, 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 Clifton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clifton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clifton 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 Clifton, Louisiana
Property taxes in Clifton, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clifton is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Clifton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clifton 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 Clifton's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71447 zip code has the highest median property tax rate of 0.81%, while the same zip code also has the lowest median tax rate of 0.81%. Understanding how these cities compare with Clifton provides valuable insights into the varying tax landscape across Natchitoches Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clifton Tax Rate
0.81%
Average Natchitoches County Tax Rate
0.95%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clifton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71447 | 0.80% | 0.80% | 0.81% | 0.86% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Clifton, Louisiana
In Clifton, 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 Natchitoches 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 Clifton, 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 Clifton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 71447, with a median tax bill of $293.
Average Clifton Assessed Value
$36,100
Average Natchitoches County Assessed Value
$62,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clifton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71447 | $22,020 | $27,300 | $36,100 | $47,100 | $53,700 |
Source: Ownwell
Property Tax Bills Across Clifton, Louisiana
In Clifton, property tax bills are calculated based on the assessed value of the property. The assessed value is typically a percentage of the market value of the home. For example, with a median home price of $36,100, the tax bill varies significantly depending on various factors. Homeowners in the 25th percentile can expect to pay around $230 annually, while those in the 75th percentile might pay approximately $376. At the 90th percentile, the tax bill can rise to about $426. Several factors influence the tax bill, including the property's location, size, and age, as well as any applicable exemptions or abatements. These factors collectively determine the assessed value, which is then multiplied by the local tax rate. In Natchitoches County, where Clifton is located, the median tax bill is $293, which is significantly lower than the national median property tax rate of 0.99%. For homeowners, understanding these factors is crucial as they directly impact the amount owed annually, affecting household budgeting and financial planning.
Average Clifton Tax Bill
$293
Average Natchitoches County Tax Bill
$605
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Clifton, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71447 | $192 | $230 | $293 | $376 | $426 |
Source: Ownwell