Robert, Louisiana Property Taxes
The median property tax rate in Robert, LA is 0.97%, slightly below the national median of 0.99% but higher than the Louisiana state median of 0.91%. With a median home value of $130,403 in Robert, the typical annual property tax bill amounts to $1,266, which is less than the national median of $2,690. Property taxes in Robert 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 Robert'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 Robert or another part of Tangipahoa County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Robert, 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 ROBERT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ROBERT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ROBERT 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 Robert, Louisiana
Property taxes in Robert, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Robert is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within Robert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robert 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 Robert's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70455 zip code has both the highest and lowest median property tax rate of 0.97%. Understanding how these areas compare with Robert provides valuable insights into the varying tax landscape across Tangipahoa, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Robert Tax Rate
0.97%
Average Tangipahoa County Tax Rate
0.87%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Robert, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70455 | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Robert, Louisiana
In Robert, 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 Tangipahoa 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 Robert, 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 Robert helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 70455 has the highest and lowest median tax bill, both standing at $1,266.
Average Robert Assessed Value
$130,403
Average Tangipahoa County Assessed Value
$100,451
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Robert, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70455 | $38,470 | $73,858 | $130,403 | $154,064 | $203,714 |
Source: Ownwell
Property Tax Bills Across Robert, Louisiana
In Robert, located in Tangipahoa County, LA, property tax bills are determined based on the assessed value of the property, which is a percentage of its market value. The median home price in the area is $130,403. Property tax rates are applied to this assessed value to calculate the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Robert can expect varying tax bills. For instance, the 25th percentile tax bill is around $722, while the 75th percentile tax bill is approximately $1,495. At the higher end, the 90th percentile tax bill reaches up to $1,979. These figures are compared to the national median property tax rate of 0.99%, offering a perspective on how local rates stack up. The property tax bill significantly impacts homeowners by contributing to the overall cost of owning a home. It is essential for homeowners to understand how these taxes are calculated to manage their finances effectively.
Average Robert Tax Bill
$1,266
Average Tangipahoa County Tax Bill
$889
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Robert, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70455 | $374 | $722 | $1,266 | $1,495 | $1,979 |
Source: Ownwell