Evangeline, Louisiana Property Taxes
The median property tax rate in Evangeline, LA is 0.79%, 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 $61,900 in Evangeline, the typical annual property tax bill amounts to $493, significantly below the national median of $2,690. Property taxes in Evangeline are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Evangeline'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 Evangeline or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Evangeline, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$489
$454
Ownwell’s Evangeline Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Evangeline. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Evangeline to provide an accurate estimate of your property tax bill. This valuable resource helps you anticipate your tax obligations and make informed financial decisions. For those interested in more detailed insights, you can explore neighborhood-level trends by scrolling down. Remember, your property's assessed value is determined by the county for property tax purposes and may include applicable exemptions.
Property Tax Rates Across Evangeline, Louisiana
Property taxes in Evangeline, LA, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Evangeline is 0.15%, significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within Evangeline set these rates annually, and they can vary across different neighborhoods. Each year, Evangeline 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 Evangeline's effective property tax rate to other regions in Louisiana and the national median. For comparison, the zip code 70537 has both the highest and lowest median property tax rate of 0.15%. Understanding how these areas compare with Evangeline provides valuable insights into the varying tax landscape across the county, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evangeline Tax Rate
0.79%
Average Acadia County Tax Rate
0.82%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evangeline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70537 | 0.76% | 0.77% | 0.79% | 0.82% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Evangeline, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Evangeline, 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 Acadia 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 Evangeline, 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. The median home price in Evangeline is $61,900, with tax bills ranging from $189 at the 25th percentile to $1,063 at the 90th percentile. The highest and lowest median tax bills, both at $493, are found in the 70537 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Evangeline Assessed Value
$61,900
Average Acadia County Assessed Value
$62,600
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evangeline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70537 | $10,000 | $25,000 | $61,900 | $99,100 | $134,880 |
Source: Ownwell
Property Tax Bills Across Evangeline, Louisiana
Property tax bills in Evangeline, located in Acadia County, LA, are calculated based on the assessed value of the property and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the local tax assessor's office. Homeowners in Evangeline can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $189, while the 75th percentile tax bill reaches $780. At the 90th percentile, homeowners might see tax bills as high as $1,063. These figures indicate that while some homeowners benefit from relatively low property taxes, others pay significantly more. The highest median tax bill in Evangeline is $493, which is considerably lower than the national median property tax rate of 0.99%. This lower tax burden can make homeownership more affordable in the region, but it also means that local governments may have less revenue for public services. Understanding these factors can help homeowners better prepare for their annual property tax obligations.
Average Evangeline Tax Bill
$493
Average Acadia County Tax Bill
$498
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Evangeline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70537 | $46 | $189 | $493 | $780 | $1,063 |
Source: Ownwell