Start, Louisiana Property Taxes
The median property tax rate in START, LA is 0.76%, 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 $23,500 in START, the typical annual property tax bill amounts to $179, significantly below the national median of $2,690. Property taxes in START are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding START'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 START or another part of the city, a thorough grasp of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Start, 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 START Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in START with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in START 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 Start, Louisiana
Property taxes in START, Louisiana, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in START is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within START set these rates annually, and they can vary significantly across different neighborhoods. Each year, START 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 START's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71279 zip code has both the highest and lowest median property tax rate of 0.76%. Understanding how these cities compare with START provides valuable insights into the varying tax landscape across Richland, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Start Tax Rate
0.76%
Average Richland County Tax Rate
0.92%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Start, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71279 | 0.76% | 0.76% | 0.76% | 0.79% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Start, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in START, 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 Richland 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 START, 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. For instance, the median home price in START is $23,500, with tax bills ranging from $119 at the 25th percentile to $531 at the 90th percentile. The zip code 71279 has the highest and lowest median tax bill of $179. 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 START helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Start Assessed Value
$23,500
Average Richland County Assessed Value
$57,800
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Start, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71279 | $11,560 | $15,700 | $23,500 | $40,300 | $60,640 |
Source: Ownwell
Property Tax Bills Across Start, Louisiana
In the city of START in Richland County, LA, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is a percentage of the market value, determined by local assessors. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Factors influencing the tax bill include the property's location, its assessed value, and the local tax rate. For instance, in START, the median home price is $23,500, with tax bills ranging from $119 at the 25th percentile to $531 at the 90th percentile. Homeowners in the zip code 71279 experience a median tax bill of $179, which is significantly lower than the national median property tax rate of 0.99%. These property taxes fund essential public services such as education, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Lower property tax rates in START can make homeownership more affordable, but it's crucial for homeowners to stay informed about potential changes in property assessments and tax rates.
Average Start Tax Bill
$179
Average Richland County Tax Bill
$549
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Start, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71279 | $88 | $119 | $179 | $331 | $531 |
Source: Ownwell