Caddo County, Louisiana Property Taxes
The median property tax rate in Caddo Parish is 1.59%, which is significantly higher than both the national median of 0.99% and Louisiana's state median of 0.91%. With the median home value in Caddo Parish at $75,583, the typical annual property tax bill reaches $1,209, surpassing the national median of $2,690. Property taxes in Caddo Parish are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Caddo Parish's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Shreveport or another part of Caddo Parish, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Caddo County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$1,202
$1,115
Ownwell’s Caddo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Caddo with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Caddo 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 Caddo County, Louisiana
Property taxes in Caddo play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Caddo is 1.59%, which is higher than the U.S. national median of 0.99%. Local government entities within Caddo set these rates annually, and they can vary significantly between different areas within the county. Each year, Caddo 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. The following data compares Caddo's effective property tax rate with other regions and the national median. For comparison, the city of Keatchie has one of the higher property tax rates in Louisiana at 2.00%, while the city of Shreveport boasts one of the lowest at 1.59%. Analyzing how Caddo's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Caddo County Tax Rate
1.59%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Caddo County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belcher | 1.62% | 1.65% | 1.72% | 1.86% | 2.16% |
| Bethany | 1.56% | 1.59% | 1.76% | 2.14% | 4.28% |
| Blanchard | N/A | N/A | N/A | N/A | N/A |
| Gilliam | 1.62% | 1.67% | 1.74% | 1.87% | 2.18% |
| Greenwood | 1.61% | 1.65% | 1.70% | 1.84% | 2.37% |
| Hosston | 1.61% | 1.68% | 1.82% | 2.20% | 3.45% |
| Ida | 1.58% | 1.63% | 1.72% | 1.91% | 2.45% |
| Keatchie | 1.65% | 1.76% | 2.00% | 2.36% | 2.88% |
| Keithville | 1.57% | 1.65% | 1.76% | 2.04% | 2.85% |
| Mooringsport | 1.55% | 1.63% | 1.74% | 1.92% | 2.34% |
| Oil City | 1.63% | 1.68% | 1.88% | 2.06% | 2.59% |
| Rodessa | 1.65% | 1.72% | 1.89% | 2.32% | 3.35% |
| Shreveport | 1.57% | 1.59% | 1.59% | 1.59% | 1.59% |
| Vivian | 1.63% | 1.78% | 1.90% | 2.09% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Caddo County, Louisiana
In Caddo Parish, 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 Caddo Parish 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 Caddo Parish 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. For example, the highest median tax bill in Caddo Parish is in Greenwood at $1,448, while the lowest is in Rodessa at $467. Being aware of these valuation processes in Caddo Parish will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Caddo County Assessed Value
$75,583
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Caddo County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belcher | $10,990 | $21,568 | $43,580 | $85,236 | $169,817 |
| Bethany | $3,783 | $18,060 | $44,561 | $113,608 | $168,708 |
| Blanchard | N/A | N/A | N/A | N/A | N/A |
| Gilliam | $10,464 | $21,858 | $38,552 | $64,252 | $144,091 |
| Greenwood | $14,111 | $40,652 | $84,780 | $177,849 | $242,234 |
| Hosston | $4,788 | $11,968 | $26,338 | $52,023 | $91,474 |
| Ida | $6,358 | $17,081 | $38,400 | $71,920 | $131,053 |
| Keatchie | $12,991 | $19,660 | $35,544 | $78,952 | $164,555 |
| Keithville | $8,966 | $25,515 | $67,600 | $143,659 | $219,657 |
| Mooringsport | $8,251 | $19,068 | $42,487 | $78,918 | $144,507 |
| Oil City | $7,105 | $21,416 | $40,132 | $75,852 | $138,039 |
| Rodessa | $4,356 | $10,368 | $24,659 | $46,507 | $79,220 |
| Shreveport | $19,768 | $34,397 | $81,643 | $148,736 | $251,089 |
| Vivian | $6,042 | $19,335 | $37,500 | $65,666 | $115,547 |
Source: Ownwell
Property Tax Bills Across Caddo County, Louisiana
In Caddo County, LA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Various factors such as property location, improvements, and exemptions can influence the assessed value. For instance, the median home price in Caddo County is $75,583, and tax bills can range significantly. Homeowners in the 25th percentile pay around $536, while those in the 75th percentile face bills of approximately $2,276. At the higher end, the 90th percentile tax bills can reach up to $3,827. The city of Greenwood has the highest median tax bill at $1,448, while Rodessa has the lowest at $467. These variations can significantly impact homeowners' financial planning and budgeting, making it essential to understand how local tax rates and property assessments work together to determine annual tax obligations.
Average Caddo County Tax Bill
$1,209
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Caddo County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belcher | $235 | $406 | $753 | $1,393 | $2,672 |
| Bethany | $165 | $385 | $776 | $1,815 | $2,610 |
| Blanchard | N/A | N/A | N/A | N/A | N/A |
| Gilliam | $211 | $399 | $691 | $1,082 | $2,312 |
| Greenwood | $335 | $744 | $1,448 | $2,897 | $3,929 |
| Hosston | $138 | $254 | $495 | $881 | $1,487 |
| Ida | $170 | $339 | $656 | $1,167 | $1,903 |
| Keatchie | $264 | $495 | $746 | $1,458 | $2,766 |
| Keithville | $237 | $527 | $1,177 | $2,304 | $3,536 |
| Mooringsport | $192 | $367 | $727 | $1,317 | $2,233 |
| Oil City | $186 | $438 | $750 | $1,297 | $2,305 |
| Rodessa | $145 | $241 | $467 | $817 | $1,296 |
| Shreveport | $320 | $553 | $1,278 | $2,335 | $3,956 |
| Vivian | $173 | $393 | $712 | $1,165 | $1,938 |
Source: Ownwell