Bienville, Louisiana Property Taxes
The median property tax rate in Bienville, LA is 1.18%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Bienville, the typical annual property tax bill reaches $496, which is significantly lower than the national median of $2,690. Property taxes in Bienville 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 Bienville'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 Bienville 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
Bienville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$473
Ownwell’s Bienville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bienville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bienville 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 Bienville, Louisiana
Property taxes in Bienville, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bienville is 1.18%, significantly higher than the U.S. national median of 0.99%. Local government entities within Bienville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bienville 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 Bienville's effective property tax rate to other areas and the national median. For comparison, the zip code 71008 has both the highest and lowest median property tax rate of 1.18%. Understanding how these areas compare with Bienville provides valuable insights into the varying tax landscape across Bienville Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bienville Tax Rate
1.18%
Average Bienville County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bienville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71008 | 1.08% | 1.17% | 1.18% | 1.22% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Bienville, Louisiana
In Bienville, 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 Bienville 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 Bienville, 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. The median home price in Bienville is $40,060, with tax bills ranging from $302 at the 25th percentile to $1,441 at the 90th percentile. The zip code 71008 has the highest and lowest median tax bill at $496. Being aware of these valuation processes in Bienville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bienville Assessed Value
$40,060
Average Bienville County Assessed Value
$40,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bienville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71008 | $13,032 | $24,324 | $40,060 | $71,782 | $119,039 |
Source: Ownwell
Property Tax Bills Across Bienville, Louisiana
In Bienville, LA, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in Bienville is $40,060. Local tax authorities apply a tax rate to this assessed value to determine the annual tax bill. The median property tax rate in Bienville is relatively low compared to the national median of 0.99%. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and local tax rates. For instance, the 25th percentile of tax bills in Bienville is $302, while the 75th percentile is $877, reflecting a range of potential tax obligations depending on a home's assessed value and specific circumstances. For homeowners, understanding these factors is crucial as property taxes directly impact annual housing costs. The highest median tax bill in Bienville is $496, which is notably lower than many other regions, making it a more affordable area for property ownership.
Average Bienville Tax Bill
$496
Average Bienville County Tax Bill
$492
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Bienville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71008 | $159 | $302 | $496 | $877 | $1,441 |
Source: Ownwell