Roseland, Louisiana Property Taxes
The median property tax rate in Roseland, LA is 1.68%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Roseland at $63,200, the typical annual property tax bill reaches $1,064, exceeding the national median of $2,690. Property taxes in Roseland 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 Roseland'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 Roseland or another part of St. Helena County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roseland, 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 Roseland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roseland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roseland 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 Roseland, Louisiana
Property taxes in Roseland, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roseland is 1.68%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Roseland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roseland 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 Roseland's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70456 zip code has both the highest and lowest median property tax rate of 1.68%. Understanding how these cities compare with Roseland provides valuable insights into the varying tax landscape across St. Helena Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roseland Tax Rate
1.68%
Average St. Helena County Tax Rate
1.62%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roseland, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70456 | 1.68% | 1.68% | 1.68% | 1.84% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Roseland, Louisiana
In Roseland, 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 St. Helena 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 Roseland, 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 Roseland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Roseland is $63,200, with the highest median tax bill found in the 70456 zip code, amounting to $1,064.
Average Roseland Assessed Value
$63,200
Average St. Helena County Assessed Value
$49,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roseland, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70456 | $18,208 | $23,950 | $63,200 | $68,235 | $71,618 |
Source: Ownwell
Property Tax Bills Across Roseland, Louisiana
In Roseland, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is typically a percentage of the property's market value. For homeowners in Roseland, the median home price is $63,200. Property tax rates are applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property location, home size, and any applicable exemptions or deductions. In Roseland, homeowners can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $403, while the 75th percentile tax bill is $1,187. At the higher end, the 90th percentile tax bill reaches approximately $1,274. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Roseland's tax rates can be relatively high, impacting homeowners' overall financial planning and housing affordability.
Average Roseland Tax Bill
$1,064
Average St. Helena County Tax Bill
$802
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Roseland, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70456 | $338 | $403 | $1,064 | $1,187 | $1,274 |
Source: Ownwell