Leblanc, Louisiana Property Taxes
The median property tax rate in LeBlanc, LA is 2.09%, significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in LeBlanc at $44,300, the typical annual property tax bill reaches $925, which is lower than the national median of $2,690. Property taxes in LeBlanc 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 LeBlanc'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 LeBlanc 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
Leblanc, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.09%
Estimate Property Tax Bill
$926
Ownwell’s LeBlanc Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LeBlanc with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LeBlanc 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 Leblanc, Louisiana
Property taxes in LeBlanc, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LeBlanc is 0.41%, significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within LeBlanc set these rates annually, and they can vary significantly across different neighborhoods. Each year, LeBlanc 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 LeBlanc's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70651 zip code has the highest median property tax rate of 0.41%, while the same zip code has the lowest median tax rate of 0.41%. Understanding how these areas compare with LeBlanc provides valuable insights into the varying tax landscape across Allen Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leblanc Tax Rate
2.09%
Average Allen County Tax Rate
1.76%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leblanc, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70651 | 2.09% | 2.09% | 2.09% | 2.09% | 2.09% |
Source: Ownwell
Property Tax Assessment Values Across Leblanc, Louisiana
In LeBlanc, 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 Allen County 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. 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 LeBlanc helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the region are both $925, found in the 70651 zip code.
Average Leblanc Assessed Value
$44,300
Average Allen County Assessed Value
$40,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leblanc, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70651 | $13,760 | $25,000 | $44,300 | $76,500 | $144,040 |
Source: Ownwell
Property Tax Bills Across Leblanc, Louisiana
In LeBlanc, located in Allen County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in LeBlanc experience a range of property tax bills, with the 25th percentile at $522 and the 75th percentile at $1,597, reflecting the variability in property values and tax rates within the area. Several factors influence the final tax bill, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. For instance, a home in the zip code 70651 has a median tax bill of $925, which is consistent across the highest and lowest brackets in this area. Compared to the national median property tax rate of 0.99%, LeBlanc's property tax rates can significantly impact homeowners, especially those with higher-valued properties. This variability underscores the importance of understanding local tax assessments and potential savings through exemptions.
Average Leblanc Tax Bill
$925
Average Allen County Tax Bill
$653
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Leblanc, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70651 | $287 | $522 | $925 | $1,597 | $3,008 |
Source: Ownwell