Mansura, Louisiana Property Taxes
The median property tax rate in Mansura, LA is 0.64%, which is notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $56,850 in Mansura, the typical annual property tax bill amounts to $408, significantly less than the national median of $2,690. Property taxes in Mansura are calculated based on the assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. By understanding Mansura’s property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're residing in Mansura or investing in property, gaining insight into the local property tax framework is crucial for financial optimization.
Last Updated June 14, 2024
Mansura, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$364
$338
Ownwell’s MANSURA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MANSURA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MANSURA 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 Mansura, Louisiana
Property taxes in Mansura, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mansura is 0.64%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Mansura set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mansura 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 Mansura's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71350 zip code has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how these cities compare with Mansura provides valuable insights into the varying tax landscape across Avoyelles Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mansura Tax Rate
0.64%
Average Avoyelles County Tax Rate
0.83%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mansura, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71350 | 0.64% | 0.64% | 0.64% | 0.90% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Mansura, Louisiana
In Mansura, 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 Avoyelles 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 Mansura, 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 Mansura helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 71350 has the highest and lowest median tax bill, both at $408.
Average Mansura Assessed Value
$56,850
Average Avoyelles County Assessed Value
$50,400
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mansura, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71350 | $13,090 | $27,650 | $56,850 | $101,275 | $159,053 |
Source: Ownwell
Property Tax Bills Across Mansura, Louisiana
In MANSURA, located in Avoyelles 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 home's market value, and this value is then multiplied by the local tax rate to determine the annual tax bill. For instance, the median home price in MANSURA is $56,850. Homeowners in this area experience a range of tax bills, with the 25th percentile at $208 and the 75th percentile reaching $689. The 90th percentile tax bill can go as high as $1,057. The highest and lowest median tax bills in the area are both $408, found in the zip code 71350. Compared to the national median property tax rate of 0.99%, homeowners in MANSURA may find their tax rates relatively manageable. Understanding these factors can help homeowners plan their finances and anticipate their annual property tax obligations.
Average Mansura Tax Bill
$408
Average Avoyelles County Tax Bill
$436
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Mansura, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71350 | $97 | $208 | $408 | $689 | $1,057 |
Source: Ownwell