Belcher, Louisiana Property Taxes
The median property tax rate in Belcher, LA is 1.72%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Belcher, the typical annual property tax bill reaches $753, which is lower than the national median of $2,690. Property taxes in Belcher 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 Belcher'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 Belcher or another part of Caddo Parish, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belcher, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.72%
Estimate Property Tax Bill
$750
Ownwell’s Belcher Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belcher with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belcher 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 Caddo County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Belcher, Louisiana
Property taxes in Belcher, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belcher is 1.72%, significantly higher than the U.S. national median of 0.99%. Local government entities within Belcher set these rates annually, and they can vary across different neighborhoods. Each year, Belcher 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 Belcher's effective property tax rate to other areas in Louisiana and the national median. For comparison, the 71004 zip code has the highest median property tax rate of 1.72%, while the lowest median tax rate is also 1.72%. Understanding how these cities compare with Belcher provides valuable insights into the varying tax landscape across Caddo Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belcher Tax Rate
1.72%
Average Caddo County Tax Rate
1.59%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belcher, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71004 | 1.62% | 1.65% | 1.72% | 1.86% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Belcher, Louisiana
In Belcher, 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 Caddo 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 Belcher, 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 Belcher helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median home price in Belcher is $43,580, with the highest and lowest median tax bills both reported at $753 in zip code 71004.
Average Belcher Assessed Value
$43,580
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 Belcher, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71004 | $10,990 | $21,568 | $43,580 | $85,236 | $169,817 |
Source: Ownwell
Property Tax Bills Across Belcher, Louisiana
In Belcher, located in Caddo Parish, LA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is typically a percentage of the property's market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. Homeowners in Belcher experience a range of property tax bills. For example, the 25th percentile tax bill is around $406, while the 75th percentile can reach up to $1,393. The 90th percentile tax bill is significantly higher at $2,672. The highest median tax bill in the area is $753, which can be found in the 71004 zip code. These property taxes are essential for funding local services such as public schools, emergency services, and infrastructure maintenance. For homeowners, understanding how these taxes are calculated and the factors affecting them can help in budgeting and financial planning. Compared to the national median property tax rate of 0.99%, Belcher's rates provide a localized perspective on property tax obligations.
Average Belcher Tax Bill
$753
Average Caddo County Tax Bill
$1,209
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Belcher, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71004 | $235 | $406 | $753 | $1,393 | $2,672 |
Source: Ownwell