Dry Creek, Beauregard County, Louisiana Property Taxes
The median property tax rate in Dry Creek, LA is 1.41%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Dry Creek, the typical annual property tax bill reaches $835, which is below the national median of $2,690. Property taxes in Dry Creek 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 Dry Creek'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 Dry Creek 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
Dry Creek, Beauregard County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$830
$770
Ownwell’s Dry Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dry Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dry Creek 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 Dry Creek, Beauregard County, Louisiana
Property taxes in Dry Creek, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dry Creek is 1.41%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Dry Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dry Creek 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 Dry Creek's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70637 zip code has the highest median property tax rate of 1.41%, while the 70637 zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Dry Creek provides valuable insights into the varying tax landscape across Beauregard Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dry Creek Tax Rate
1.41%
Average Beauregard County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dry Creek, Beauregard County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70637 | 1.41% | 1.41% | 1.41% | 1.42% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Dry Creek, Beauregard County, Louisiana
In Dry Creek, 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 Dry Creek, 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 Dry Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 70637 has the highest median tax bill at $835.
Property Tax Assessment Values Across Dry Creek, Beauregard County, Louisiana
Source: Ownwell
$34,500
$54,750
$75,000
Average Dry Creek Assessed Value
$58,840
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 Dry Creek, Beauregard County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70637 | $15,828 | $30,060 | $58,840 | $79,765 | $118,422 |
Source: Ownwell
Property Tax Bills Across Dry Creek, Beauregard County, Louisiana
In Dry Creek, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is a percentage of the market value of the property. Homeowners in Dry Creek, Beauregard County, pay property taxes that can vary significantly. The 25th percentile tax bill is $436, while the 75th percentile tax bill reaches $1,127, and the 90th percentile tax bill is as high as $1,705. These property taxes are influenced by several factors, including the assessed value of the property, local tax rates, and any applicable exemptions or deductions. For instance, the highest median tax bill in the area is $835, which is tied to the zip code 70637. These taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding these factors and their impact on property tax bills is crucial for financial planning and managing annual expenses.
Average Dry Creek Tax Bill
$835
Average Beauregard County Tax Bill
$779
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Dry Creek, Beauregard County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70637 | $225 | $436 | $835 | $1,127 | $1,705 |
Source: Ownwell