Glynn, Louisiana Property Taxes
The median property tax rate in Glynn, LA is 0.61%, considerably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Glynn, the typical annual property tax bill reaches $607, significantly below the national median of $2,690. Property taxes in Glynn 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 Glynn'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 Glynn 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
Glynn, 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 Glynn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glynn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glynn 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 Glynn, Louisiana
Property taxes in Glynn, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glynn is 0.61%, significantly lower than the U.S. national median of 0.99%. Local government entities within Glynn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glynn 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 Glynn's effective property tax rate to other areas and the national median. For comparison, the zip code 70736 has the highest median property tax rate of 0.61%, while the same zip code also has the lowest median tax rate of 0.61%. Understanding how these areas compare with Glynn provides valuable insights into the varying tax landscape across Pointe Coupee, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glynn Tax Rate
0.61%
Average Pointe Coupee County Tax Rate
0.65%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glynn, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70736 | 0.61% | 0.61% | 0.61% | 0.61% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Glynn, Louisiana
In Glynn, 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 Pointe Coupee 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 Glynn, 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 Glynn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $607 in the 70736 zip code, while the lowest is also $607 in the same zip code.
Average Glynn Assessed Value
$97,100
Average Pointe Coupee County Assessed Value
$86,100
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glynn, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70736 | $34,840 | $58,000 | $97,100 | $150,700 | $283,460 |
Source: Ownwell
Property Tax Bills Across Glynn, Louisiana
In Glynn, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Glynn is $97,100. This value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location, size, and any applicable exemptions or deductions can influence the assessed value and, consequently, the tax bill. For homeowners in Glynn, the tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $388, while at the 75th percentile, it rises to $926. At the 90th percentile, homeowners might see tax bills as high as $1,742. These variations highlight how different factors can impact the overall tax burden. Compared to the national median property tax rate of 0.99%, Glynn's rates result in varying tax bills that can significantly affect homeowners' financial planning. Understanding these factors is crucial for homeowners to manage their property tax liabilities effectively.
Average Glynn Tax Bill
$607
Average Pointe Coupee County Tax Bill
$566
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Glynn, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70736 | $214 | $388 | $607 | $926 | $1,742 |
Source: Ownwell