Port Sulphur, Louisiana Property Taxes
The median property tax rate in Port Sulphur, LA is 0.70%, which is notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Port Sulphur being $43,890, the typical annual property tax bill is $309, significantly below the national median of $2,690. Property taxes in Port Sulphur are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Port Sulphur'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 Port Sulphur or another part of Plaquemines County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Port Sulphur, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$307
Ownwell’s Port Sulphur Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Port Sulphur with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Port 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 Port Sulphur, Louisiana
Property taxes in Port Sulphur, Louisiana, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Sulphur is 0.70%, which is lower than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Port Sulphur set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port 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 Port Sulphur's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70083 has the highest median property tax rate of 0.70%, while the same zip code also has the lowest median tax rate of 0.70%. Understanding how these areas compare with Port Sulphur provides valuable insights into the varying tax landscape across Plaquemines Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Port Sulphur Tax Rate
0.70%
Average Plaquemines County Tax Rate
0.70%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Sulphur, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70083 | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Port Sulphur, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Port Sulphur, Louisiana. 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 Plaquemines 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 Port 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. The median home price in Port Sulphur is $43,890. The tax bills range from $178 at the 25th percentile to $1,466 at the 90th percentile. The highest and lowest median tax bills are both $309 in zip code 70083. 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 Port Sulphur helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Port Sulphur Assessed Value
$43,890
Average Plaquemines County Assessed Value
$121,860
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Port Sulphur, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70083 | $15,432 | $25,240 | $43,890 | $86,150 | $208,112 |
Source: Ownwell
Property Tax Bills Across Port Sulphur, Louisiana
In Port Sulphur, located in Plaquemines Parish, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. For homeowners, this assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Port Sulphur is $43,890, and homeowners typically see tax bills ranging from $178 at the 25th percentile to $1,466 at the 90th percentile. Factors influencing the tax bill include the property's assessed value and the local tax rate. The highest and lowest median tax bills in the area are both $309, indicating some consistency in the tax burden across different properties. Compared to the national median property tax rate of 0.99%, the tax rates in Port Sulphur can vary significantly. This variability can impact homeowners by affecting their annual financial obligations and potentially influencing property values and market dynamics in the region.
Average Port Sulphur Tax Bill
$309
Average Plaquemines County Tax Bill
$859
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Sulphur, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70083 | $109 | $178 | $309 | $607 | $1,466 |
Source: Ownwell