Bush, Louisiana Property Taxes
The median property tax rate in Bush, Louisiana is 0.93%, slightly below the national median of 0.99% but higher than the Louisiana state median of 0.91%. With a median home value of $139,190 in Bush, the typical annual property tax bill comes to $1,423, which is notably lower than the national median of $2,690. Property taxes in Bush are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Bush'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 Bush or another part of St. Tammany County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bush, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,294
Ownwell’s BUSH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BUSH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BUSH 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 Bush, Louisiana
Property taxes in Bush, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bush is 0.93%, which is lower than the U.S. national median of 0.99%. Local government entities within Bush set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bush 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 Bush's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70431 has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these areas compare with Bush provides valuable insights into the varying tax landscape across St. Tammany Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bush Tax Rate
0.93%
Average St. Tammany County Tax Rate
0.98%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bush, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70431 | 0.37% | 0.65% | 0.93% | 1.27% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Bush, Louisiana
In BUSH, 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. Tammany County 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 BUSH, 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 BUSH helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in BUSH are both $1423.00, specifically in the zip code 70431.
Average Bush Assessed Value
$139,190
Average St. Tammany County Assessed Value
$172,720
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bush, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70431 | $42,000 | $71,880 | $139,190 | $230,610 | $313,914 |
Source: Ownwell
Property Tax Bills Across Bush, Louisiana
In BUSH, located in St. Tammany County, LA, property tax bills are calculated based on the assessed value of your home. The assessed value is typically a percentage of the market value, which for BUSH has a median home price of $139,190. Factors such as property size, location, and improvements are considered to determine this assessed value. Homeowners in BUSH can expect varying tax bills; the 25th percentile tax bill is around $674, while the 75th percentile tax bill reaches $2,606, and the 90th percentile tax bill can go up to $3,916. Compared to the national median property tax rate of 0.99%, the tax rates in BUSH can significantly impact homeowners depending on their property's assessed value. For instance, the highest median tax bill in the area is $1,423, located in zip code 70431, which can be a substantial financial consideration for homeowners. Understanding these factors helps homeowners in BUSH anticipate and manage their annual property tax obligations effectively.
Average Bush Tax Bill
$1,423
Average St. Tammany County Tax Bill
$1,777
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Bush, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70431 | $328 | $674 | $1,423 | $2,606 | $3,916 |
Source: Ownwell