Bossier County, Louisiana Property Taxes
The median property tax rate in Bossier is 0.89%, which is slightly below both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Bossier at $124,242, the typical annual property tax bill is $943, significantly lower than the national median of $2,690. Property taxes in Bossier are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as the primary residence and agricultural exemptions. Understanding Bossier's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you live in Bossier City or another part of Bossier, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bossier County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,106
$1,026
Ownwell’s Bossier Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bossier with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bossier to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Bossier County, Louisiana
Property taxes in Bossier play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bossier is 0.89%, which is lower than the Louisiana state median of 0.99% and the U.S. national median of 0.99%. Local government entities within Bossier set these rates annually, and they can vary significantly between different areas within the county. Each year, Bossier estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Shreveport has one of the higher property tax rates in Louisiana at 1.18%, while the city of Cotton Valley boasts one of the lowest at 0.69%. Analyzing how Bossier's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bossier County Tax Rate
0.89%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bossier County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benton | 0.15% | 0.60% | 0.91% | 1.10% | 1.40% |
| Bossier City | 0.23% | 0.64% | 0.91% | 1.30% | 1.30% |
| Cotton Valley | 0.12% | 0.40% | 0.69% | 1.33% | 1.93% |
| Doyline | N/A | N/A | N/A | N/A | N/A |
| Elm Grove | N/A | N/A | N/A | N/A | N/A |
| Haughton | 0.12% | 0.45% | 0.75% | 1.22% | 1.45% |
| Plain Dealing | N/A | N/A | N/A | N/A | N/A |
| Princeton | N/A | N/A | N/A | N/A | N/A |
| Sarepta | N/A | N/A | N/A | N/A | N/A |
| Shreveport | 0.29% | 0.47% | 1.18% | 1.33% | 1.61% |
| Springhill | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Bossier County, Louisiana
In Bossier County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Bossier County Appraisal District. The assessed value, however, 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. Assessment notices in Bossier County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The highest median tax bill in Bossier County is found in Benton at $1,569, while Cotton Valley has the lowest median tax bill at $187. Being aware of these valuation processes in Bossier County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Bossier County, Louisiana
Source: Ownwell
$34,503
$118,066
$201,628
Average Bossier County Assessed Value
$124,242
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bossier County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benton | $27,179 | $70,176 | $191,312 | $298,852 | $428,135 |
| Bossier City | $42,338 | $71,786 | $137,085 | $216,700 | $289,637 |
| Cotton Valley | $3,829 | $8,768 | $34,503 | $112,795 | $193,823 |
| Doyline | N/A | N/A | N/A | N/A | N/A |
| Elm Grove | N/A | N/A | N/A | N/A | N/A |
| Haughton | $9,158 | $38,751 | $124,249 | $190,752 | $274,487 |
| Plain Dealing | N/A | N/A | N/A | N/A | N/A |
| Princeton | N/A | N/A | N/A | N/A | N/A |
| Sarepta | N/A | N/A | N/A | N/A | N/A |
| Shreveport | $14,545 | $58,730 | $80,005 | $153,946 | $230,662 |
| Springhill | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Bossier County, Louisiana
In Bossier County, LA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For homeowners, the median home price stands at $124,242. The property tax rate in Bossier County is influenced by various factors including local government budgets and public service funding needs. Homeowners can expect significant variation in their tax bills, with the 25th percentile paying around $254 and the 75th percentile facing bills up to $1,957. In some cases, such as the 90th percentile, tax bills can reach as high as $2,994. Comparatively, Benton has the highest median tax bill at $1,569, while Cotton Valley enjoys the lowest at $187. These figures highlight the disparity within the county and underscore how different factors, such as location and property value, play a crucial role in determining tax obligations. For homeowners, understanding these elements is essential for financial planning and anticipating annual property tax expenses.
Average Bossier County Tax Bill
$943
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Bossier County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benton | $36 | $352 | $1,569 | $2,900 | $4,482 |
| Bossier City | $150 | $535 | $1,157 | $2,048 | $2,969 |
| Cotton Valley | $36 | $36 | $187 | $805 | $1,513 |
| Doyline | N/A | N/A | N/A | N/A | N/A |
| Elm Grove | N/A | N/A | N/A | N/A | N/A |
| Haughton | $36 | $116 | $724 | $1,568 | $2,524 |
| Plain Dealing | N/A | N/A | N/A | N/A | N/A |
| Princeton | N/A | N/A | N/A | N/A | N/A |
| Sarepta | N/A | N/A | N/A | N/A | N/A |
| Shreveport | $165 | $247 | $770 | $1,626 | $2,492 |
| Springhill | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell