Concordia County, Louisiana Property Taxes
The median property tax rate in Concordia is 1.05%, which is higher than both the national median of 0.99% and Louisiana's state median of 0.91%. With a median home value of $41,300 in Concordia, the typical annual property tax bill amounts to $467, significantly lower than the national median of $2,690. Property taxes in Concordia are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Concordia's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Vidalia or another part of Concordia, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Concordia County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$434
$402
Ownwell’s Concordia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Concordia with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Concordia 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 Concordia County, Louisiana
Property taxes in Concordia play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Concordia is 1.05%, which is higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Concordia set these rates annually, and they can vary significantly between different areas within the county. Each year, Concordia 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 Concordia's effective property tax rate with other counties in Louisiana and the national median. For comparison, the city of ACME has one of the higher property tax rates in Louisiana at 1.11%, while the city of CLAYTON boasts one of the lowest at 1.02%. Analyzing how Concordia's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Concordia County Tax Rate
1.05%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Concordia County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Acme | 1.11% | 1.11% | 1.11% | 1.25% | 2.33% |
| Clayton | 1.02% | 1.02% | 1.02% | 1.02% | 1.05% |
| Ferriday | 1.05% | 1.05% | 1.05% | 1.25% | 1.25% |
| Jonesville | 1.05% | 1.05% | 1.11% | 1.11% | 1.23% |
| Monterey | 1.11% | 1.11% | 1.11% | 1.11% | 1.24% |
| Ridgecrest | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| Vidalia | 1.03% | 1.03% | 1.03% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Concordia County, Louisiana
In Concordia, 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 Concordia 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 Concordia 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. Vidalia has the highest median tax bill at $619, while Clayton has the lowest at $198. Being aware of these valuation processes in Concordia will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Concordia County, Louisiana
Source: Ownwell
$19,140
$38,645
$58,150
Average Concordia County Assessed Value
$41,300
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Concordia County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Acme | $6,058 | $18,700 | $46,600 | $62,180 | $106,284 |
| Clayton | $5,850 | $11,100 | $19,140 | $39,025 | $68,605 |
| Ferriday | $7,800 | $15,000 | $36,100 | $88,800 | $211,668 |
| Jonesville | $6,920 | $17,200 | $43,600 | $83,500 | $147,820 |
| Monterey | $9,000 | $19,400 | $47,100 | $91,600 | $184,420 |
| Ridgecrest | $19,900 | $27,400 | $31,700 | $38,900 | $53,900 |
| Vidalia | $9,173 | $21,400 | $58,150 | $103,600 | $164,370 |
Source: Ownwell
Property Tax Bills Across Concordia County, Louisiana
In Concordia County, LA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Concordia County experience a range of tax bills, with the 25th percentile paying around $189 and the 75th percentile facing bills up to $992. For those in the 90th percentile, tax bills can reach as high as $1,856. Factors influencing these amounts include property location, size, and market conditions. For instance, the city of Vidalia has the highest median tax bill at $619, while Clayton has the lowest at $198. These property taxes contribute to local services such as schools, infrastructure, and emergency services, directly impacting homeowners by funding community resources and potentially affecting property values. By understanding these components, homeowners can better anticipate their financial obligations and the benefits they receive in return.
Average Concordia County Tax Bill
$467
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Concordia County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Acme | $140 | $208 | $576 | $779 | $1,213 |
| Clayton | $62 | $115 | $198 | $402 | $720 |
| Ferriday | $86 | $174 | $413 | $1,034 | $2,273 |
| Jonesville | $76 | $203 | $499 | $997 | $1,825 |
| Monterey | $101 | $234 | $549 | $1,078 | $2,130 |
| Ridgecrest | $211 | $286 | $331 | $410 | $571 |
| Vidalia | $97 | $230 | $619 | $1,082 | $1,708 |
Source: Ownwell