Prairieville, Louisiana Property Taxes
The median property tax rate in Prairieville, LA is 0.78%, lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Prairieville at $203,100, the typical annual property tax bill is $1,615, which is below the national median of $2,690. Property taxes in Prairieville 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 Prairieville'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 Prairieville or another part of Ascension County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Prairieville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$1,584
$1,470
Ownwell’s Prairieville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Prairieville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Prairieville 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 Prairieville, Louisiana
Property taxes in Prairieville, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prairieville is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Prairieville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Prairieville 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 Prairieville's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70769 in Ascension Parish has a median property tax rate of 0.78%. Understanding how these cities compare with Prairieville 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 Prairieville Tax Rate
0.78%
Average Ascension County Tax Rate
0.71%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prairieville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70769 | 0.41% | 0.61% | 0.78% | 0.95% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Prairieville, Louisiana
In Prairieville, 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 Ascension Parish Assessor's Office 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 Prairieville, 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 Prairieville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 70769, with a median tax bill of $1,615.
Property Tax Assessment Values Across Prairieville, Louisiana
Source: Ownwell
$167,800
$263,650
$359,500
Average Prairieville Assessed Value
$203,100
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 Prairieville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70769 | $99,800 | $153,500 | $203,100 | $272,600 | $351,700 |
Source: Ownwell
Property Tax Bills Across Prairieville, Louisiana
In Prairieville, located in Ascension County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value. Homeowners in Prairieville experience a range of property tax bills, with the 25th percentile at $977 and the 75th percentile at $2,459. The highest median tax bill in the area is $1,615, found in the 70769 zip code. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Prairieville's tax rates can vary significantly. This variability can impact homeowners differently, depending on the assessed value of their property. Higher assessed values generally lead to higher tax bills, affecting homeowners' annual expenses and potentially influencing decisions about property improvements or sales. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Prairieville Tax Bill
$1,615
Average Ascension County Tax Bill
$1,259
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Prairieville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70769 | $436 | $977 | $1,615 | $2,459 | $3,431 |
Source: Ownwell