Bell City, Louisiana Property Taxes
The median property tax rate in Bell City, LA is 0.66%, which is considerably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Bell City, the typical annual property tax bill reaches $468, significantly below the national median of $2,690. Property taxes in Bell City are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bell City'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 Bell City 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
Bell City, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$302
$280
Ownwell’s BELL CITY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BELL CITY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BELL CITY 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 Bell City, Louisiana
Property taxes in Bell City, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bell City is 0.66%, significantly lower than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Bell City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bell City 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 Bell City's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70630 zip code has both the highest and lowest median property tax rate of 0.66%. Understanding how these cities compare with Bell City provides valuable insights into the varying tax landscape across Cameron Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bell City Tax Rate
0.66%
Average Cameron County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bell City, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70630 | 0.24% | 0.40% | 0.66% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Bell City, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bell City, Louisiana. 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 Cameron 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 Bell City, 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. For instance, the zip code 70630 has both the highest and lowest median tax bill at $468. 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 Bell City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bell City Assessed Value
$45,792
Average Cameron County Assessed Value
$47,775
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bell City, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70630 | $11,100 | $24,600 | $45,792 | $93,536 | $146,005 |
Source: Ownwell
Property Tax Bills Across Bell City, Louisiana
Property tax bills in Bell City are calculated based on the assessed value of a property, which is determined by local tax assessors. The assessed value is a percentage of the property's market value. Homeowners in Bell City, located in Cameron County, LA, can expect property tax bills that vary significantly depending on the value of their homes. For example, the tax bill for a home in the 25th percentile is around $225, while a home in the 75th percentile sees a tax bill of approximately $829. At the 90th percentile, homeowners can expect a tax bill of about $1,354. The median home price in Bell City is $45,792, which influences the overall tax burden. Compared to the national median property tax rate of 0.99%, the property tax rates in Bell City can be considered relatively moderate. These taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Bell City Tax Bill
$468
Average Cameron County Tax Bill
$465
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Bell City, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70630 | $93 | $225 | $468 | $829 | $1,354 |
Source: Ownwell