Grand Chenier, Louisiana Property Taxes
The median property tax rate in Grand Chenier, LA is 1.65%, significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $27,550 in Grand Chenier, the typical annual property tax bill reaches $280, which is much lower than the national median of $2,690. Property taxes in Grand Chenier are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Grand Chenier'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 Grand Chenier or another part of Cameron County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grand Chenier, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$455
$422
Ownwell’s Grand Chenier Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grand Chenier with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grand Chenier 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 Cameron County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Grand Chenier, Louisiana
Property taxes in Grand Chenier, Louisiana, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Grand Chenier is 0.51%, which is significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within Grand Chenier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grand Chenier 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 Grand Chenier's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70643 ZIP code has the highest median property tax rate of 0.51%, while the same 70643 ZIP code has the lowest median tax rate of 0.51%. Understanding how these cities compare with Grand Chenier 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 Grand Chenier Tax Rate
1.65%
Average Cameron County Tax Rate
1.22%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grand Chenier, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70643 | 0.25% | 1.14% | 1.65% | 1.65% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Grand Chenier, Louisiana
In Grand Chenier, 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 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 Grand Chenier, 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. In Grand Chenier, the zip code 70643 has the highest median tax bill at $280. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Grand Chenier Assessed Value
$27,550
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 Grand Chenier, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70643 | $1,740 | $7,648 | $27,550 | $56,028 | $86,211 |
Source: Ownwell
Property Tax Bills Across Grand Chenier, Louisiana
In Grand Chenier, located in Cameron County, LA, property tax bills are calculated based on the assessed value of a homeowner's property. The assessment reflects a percentage of the market value of the property, which is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $27,550, the assessed value is determined by local assessment practices. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. The tax bill can vary significantly; for example, the 25th percentile tax bill is $65, while the 75th percentile reaches $851, and the 90th percentile can be as high as $3,887. The highest and lowest median tax bills in the area are both $280, highlighting some uniformity in tax rates within the specific zip code 70643. These property taxes directly impact homeowners by contributing to local public services and infrastructure, ultimately affecting the community's overall quality of life.
Average Grand Chenier Tax Bill
$280
Average Cameron County Tax Bill
$465
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Grand Chenier, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70643 | $16 | $65 | $280 | $851 | $3,887 |
Source: Ownwell