Gonzales, Louisiana Property Taxes
The median property tax rate in Gonzales, LA is 0.67%, which is notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Gonzales at $167,800, the typical annual property tax bill amounts to $1,145, significantly less than the national median of $2,690. Property taxes in Gonzales are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Gonzales'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 Gonzales 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
Gonzales, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$1,124
$1,043
Ownwell’s Gonzales Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gonzales with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gonzales 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 Gonzales, Louisiana
Property taxes in Gonzales, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gonzales is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Gonzales set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gonzales 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 Gonzales's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70737 has the highest median property tax rate of 0.67%, while the same zip code also has the lowest median tax rate of 0.67%. Understanding how these values compare with Gonzales provides valuable insights into the varying tax landscape across Ascension Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gonzales Tax Rate
0.67%
Average Ascension County Tax Rate
0.71%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gonzales, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70737 | 0.17% | 0.49% | 0.67% | 0.84% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Gonzales, Louisiana
In Gonzales, 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 local assessment authority 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 Gonzales, 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 Gonzales helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $167,800, with tax bills ranging from $576 at the 25th percentile to $2,569 at the 90th percentile. The highest and lowest median tax bill is $1,145 in the 70737 zip code.
Average Gonzales Assessed Value
$167,800
Average Ascension County Assessed Value
$177,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gonzales, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70737 | $71,870 | $109,600 | $167,800 | $229,875 | $301,530 |
Source: Ownwell
Property Tax Bills Across Gonzales, Louisiana
In Gonzales, part of Ascension County in Louisiana, property tax bills are calculated based on the assessed value of the property, which is derived from the market value. Properties are typically assessed at a percentage of their market value, and the local tax rate is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $167,800, homeowners can expect their tax bills to vary significantly. At the 25th percentile, the tax bill is around $576, while at the 75th percentile, it rises to $1,814. The 90th percentile sees even higher bills, reaching up to $2,569. These variations are influenced by factors such as property location, improvements, and applicable exemptions. In Gonzales, the highest and lowest median tax bills are both recorded at $1,145 in the 70737 zip code, reflecting a relatively uniform tax burden in that area. Compared to the national median property tax rate of 0.99%, Gonzales presents a varied but generally moderate tax landscape for homeowners.
Average Gonzales Tax Bill
$1,145
Average Ascension County Tax Bill
$1,259
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Gonzales, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70737 | $139 | $576 | $1,145 | $1,814 | $2,569 |
Source: Ownwell