Dequincy, Louisiana Property Taxes
The median property tax rate in DeQuincy, LA is 1.31%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in DeQuincy at $69,220, the typical annual property tax bill reaches $907, which is significantly lower than the national median of $2,690. Property taxes in DeQuincy 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 DeQuincy'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 DeQuincy 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
Dequincy, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$907
Ownwell’s DeQuincy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DeQuincy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DeQuincy 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 Dequincy, Louisiana
Property taxes in DeQuincy, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in DeQuincy is 1.31%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within DeQuincy set these rates annually, and they can vary significantly across different neighborhoods. Each year, DeQuincy 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 DeQuincy's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70633 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with DeQuincy provides valuable insights into the varying tax landscape across Beauregard County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dequincy Tax Rate
1.31%
Average Beauregard County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dequincy, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70633 | 1.31% | 1.31% | 1.31% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Dequincy, Louisiana
In DeQuincy, 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 Beauregard 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 DeQuincy, 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. The median home price in DeQuincy is $69,220, with tax bills ranging from $477 at the 25th percentile to $3,042 at the 90th percentile. The zip code with the highest and lowest median tax bill is 70633, both at $907. 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 DeQuincy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dequincy Assessed Value
$69,220
Average Beauregard County Assessed Value
$63,850
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dequincy, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70633 | $21,000 | $36,420 | $69,220 | $127,050 | $232,240 |
Source: Ownwell
Property Tax Bills Across Dequincy, Louisiana
In DeQuincy, located in Beauregard County, LA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the home. Homeowners in DeQuincy can expect their property tax bills to vary significantly depending on the assessed value of their property. For instance, the 25th percentile tax bill is around $477, while the 75th percentile tax bill can reach up to $1,664. Those in the 90th percentile might see tax bills as high as $3,042. Factors that influence the property tax bill include the market value of the home, the local tax rate, and any applicable exemptions or deductions. With the national median property tax rate at 0.99%, homeowners in DeQuincy should be aware of how local rates compare. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Dequincy Tax Bill
$907
Average Beauregard County Tax Bill
$779
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Dequincy, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70633 | $275 | $477 | $907 | $1,664 | $3,042 |
Source: Ownwell