Lutcher, Louisiana Property Taxes
The median property tax rate in Lutcher, LA is 0.68%, significantly lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $77,300 in Lutcher, the typical annual property tax bill amounts to $588, well below the national median of $2,690. Property taxes in Lutcher are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Lutcher'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 Lutcher or another part of St. James Parish, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lutcher, 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 Lutcher Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lutcher with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lutcher 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 Lutcher, Louisiana
Property taxes in Lutcher, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lutcher is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Lutcher set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lutcher 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 Lutcher's effective property tax rate to other areas in St. James Parish and the national median. For comparison, the zip code 70071 has both the highest and lowest median property tax rate of 0.68%. Understanding how these cities compare with Lutcher provides valuable insights into the varying tax landscape across St. James Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lutcher Tax Rate
0.68%
Average St. James County Tax Rate
0.68%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lutcher, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70071 | 0.21% | 0.45% | 0.68% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Lutcher, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lutcher, 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 local appraisal district 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 Lutcher, 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 Lutcher is $77,300, with tax bills ranging from $291 at the 25th percentile to $1,897 at the 90th percentile. The highest and lowest median tax bills are both $588, found in the zip code 70071. By understanding these valuation processes, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lutcher Assessed Value
$77,300
Average St. James County Assessed Value
$90,899
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lutcher, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70071 | $15,000 | $39,504 | $77,300 | $150,823 | $232,594 |
Source: Ownwell
Property Tax Bills Across Lutcher, Louisiana
Property tax bills in Lutcher, St. James Parish, LA, are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is typically a percentage of the property's market value. For instance, in Lutcher, the median home price is $77,300. Property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as location, property type, and any applicable exemptions can influence the final tax amount. For example, tax bills in Lutcher range from $291 at the 25th percentile to $1,897 at the 90th percentile, indicating significant variability based on individual property characteristics. The highest and lowest median tax bills in the area are both $588, reflecting the uniformity in assessment practices within the zip code 70071. These property taxes are crucial for funding local services such as schools, infrastructure, and public safety, directly impacting homeowners by contributing to community development and maintenance.
Average Lutcher Tax Bill
$588
Average St. James County Tax Bill
$749
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Lutcher, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70071 | $127 | $291 | $588 | $1,176 | $1,897 |
Source: Ownwell