Saline, Louisiana Property Taxes
The median property tax rate in Saline, LA is 1.76%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Saline at $42,676, the typical annual property tax bill reaches $706, which is still below the national median of $2,690. Property taxes in Saline 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 Saline'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 Saline 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
Saline, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$751
Ownwell’s Saline Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saline with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saline 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 Saline, Louisiana
Property taxes in Saline, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saline is 1.76%, significantly higher than the U.S. national median of 0.99%. Local government entities within Saline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saline 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 Saline's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71070 zip code has the highest median property tax rate of 1.76%, while the same zip code also has the lowest median tax rate of 1.76%. Understanding how these cities compare with Saline 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 Saline Tax Rate
1.76%
Average Bienville County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71070 | 1.71% | 1.71% | 1.76% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Saline, Louisiana
In Saline, 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 Saline, 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 Saline 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 Saline's zip code 71070 both stand at $706.
Average Saline Assessed Value
$42,676
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 Saline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71070 | $9,969 | $21,490 | $42,676 | $89,120 | $138,239 |
Source: Ownwell
Property Tax Bills Across Saline, Louisiana
In Saline, Bienville County, LA, property tax bills are calculated based on the assessed value of the home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $42,676, homeowners in Saline can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $353, while the 75th percentile reaches up to $1,358. At the 90th percentile, tax bills can soar to $2,291. Several factors influence these tax bills, including the assessed value of the property, applicable exemptions, and the specific tax rate set by local authorities. Compared to the national median property tax rate of 0.99%, Saline's rates can be relatively favorable, offering some relief to homeowners. However, fluctuations in assessed values and local tax rates can still impact the financial burden on property owners, making it essential to stay informed and proactive about property tax assessments and potential appeals.
Average Saline Tax Bill
$706
Average Bienville County Tax Bill
$492
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Saline, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71070 | $177 | $353 | $706 | $1,358 | $2,291 |
Source: Ownwell