Donaldsonville, Louisiana Property Taxes
The median property tax rate in Donaldsonville, LA is 1.02%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Donaldsonville, the typical annual property tax bill reaches $1,364, which is below the national median of $2,690. Property taxes in Donaldsonville 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 Donaldsonville'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 Donaldsonville or another part of Assumption Parish, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Donaldsonville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,371
Ownwell’s Donaldsonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Donaldsonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Donaldsonville 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 Donaldsonville, Louisiana
Property taxes in Donaldsonville, Louisiana, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Donaldsonville is 0.49%, which is significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within Donaldsonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Donaldsonville 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 Donaldsonville's effective property tax rate to other counties in Louisiana and the national median. For comparison, the zip code 70346 has the highest median property tax rate of 0.49%, while the same zip code also has the lowest median tax rate of 0.49%. Understanding how these areas compare with Donaldsonville provides valuable insights into the varying tax landscape across Assumption Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Donaldsonville Tax Rate
1.02%
Average Assumption County Tax Rate
1.08%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donaldsonville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70346 | 1.01% | 1.01% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Donaldsonville, Louisiana
In Donaldsonville, 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 Assumption 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 Donaldsonville, 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 Donaldsonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1,364, found in zip code 70346.
Property Tax Assessment Values Across Donaldsonville, Louisiana
Source: Ownwell
$34,500
$84,475
$134,450
Average Donaldsonville Assessed Value
$134,450
Average Assumption County Assessed Value
$88,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Donaldsonville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70346 | $48,300 | $84,925 | $134,450 | $220,850 | $284,980 |
Source: Ownwell
Property Tax Bills Across Donaldsonville, Louisiana
In Donaldsonville, located in Assumption Parish, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in the area is $134,450. Tax authorities then apply the local property tax rate to this assessed value to determine the annual tax bill. For example, homeowners in the 25th percentile can expect a tax bill around $862, while those in the 75th percentile may see bills as high as $2,239. Several factors influence these calculations, including property size, location, and any applicable exemptions or deductions. The tax bill directly impacts homeowners by affecting their annual expenses and potentially influencing property values over time. Despite the variations, the highest and lowest median tax bills in the zip code 70346 both stand at $1,364, providing a benchmark for what homeowners might anticipate. These property taxes fund essential community services, making it crucial for homeowners to understand how their bills are determined.
Average Donaldsonville Tax Bill
$1,364
Average Assumption County Tax Bill
$951
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Donaldsonville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70346 | $490 | $862 | $1,364 | $2,239 | $2,889 |
Source: Ownwell