Caldwell County Property Taxes
The median property tax rate in Caldwell is 1.34%, which is significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Caldwell, the typical annual property tax bill is $527, which is considerably lower than the national median of $2,690. Property taxes in Caldwell 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 Caldwell's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Columbia or another part of Caldwell, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Caldwell County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$529
$491
Ownwell’s Caldwell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Caldwell with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Caldwell 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 Caldwell County, Louisiana
Property taxes in Caldwell play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Caldwell is 1.34%, which is higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Caldwell set these rates annually, and they can vary significantly between different areas within the county. Each year, Caldwell 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 Caldwell's effective property tax rate with other counties in Louisiana and the national median. For comparison, the city of Boyce has one of the higher property tax rates in Louisiana at 1.43%, while the city of Olla boasts one of the lowest at 1.29%. Analyzing how Caldwell's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Caldwell County Tax Rate
1.34%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Caldwell County, Louisiana
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Caldwell. 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 Caldwell 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 Caldwell 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. Being aware of these valuation processes in Caldwell will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Columbia has the highest median tax bill at $550, while Olla has the lowest at $264.
Property Tax Assessment Values Across Caldwell County, Louisiana
Source: Ownwell
$20,390
$30,501
$40,612
Average Caldwell County Assessed Value
$39,500
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Caldwell County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boyce | $29,675 | $29,675 | $29,675 | $29,675 | $29,675 |
| Clarks | $4,750 | $10,410 | $20,517 | $33,911 | $55,000 |
| Columbia | $7,375 | $19,185 | $40,612 | $71,130 | $120,000 |
| Grayson | $8,509 | $18,000 | $39,189 | $68,986 | $113,268 |
| Kelly | $8,008 | $19,730 | $36,621 | $58,650 | $87,487 |
| Olla | $9,250 | $12,872 | $20,390 | $64,447 | $80,360 |
Source: Ownwell
Property Tax Bills Across Caldwell County, Louisiana
In Caldwell County, LA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Homeowners in Caldwell County experience a range of tax bills, with the 25th percentile paying around $244 and the 75th percentile seeing bills up to $932. For those at the 90th percentile, tax bills can reach as high as $1,546. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions. The median home price in Caldwell County is $39,500, which is significantly lower than national averages, contributing to relatively modest tax bills. Comparatively, the highest median tax bill in the county is found in Columbia at $550, while Olla has the lowest at $264. These variations highlight the impact of local tax rates and property values on homeowners' tax obligations. Understanding these factors can help homeowners better anticipate their annual property tax expenses.
Average Caldwell County Tax Bill
$527
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690