Centreville, Louisiana Property Taxes
The median property tax rate in Centreville, LA is 1.19%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Centreville, the typical annual property tax bill reaches $230, which is below the national median of $2,690. Property taxes in Centreville are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Centreville'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 Centreville 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
Centreville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$230
Ownwell’s Centreville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Centreville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Centreville 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 Centreville, Louisiana
Property taxes in Centreville, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Centreville is 1.19%, higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Centreville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Centreville 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 Centreville's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 39631 zip code has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these areas compare with Centreville provides valuable insights into the varying tax landscape across East Baton Rouge, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Centreville Tax Rate
1.19%
Average East Baton Rouge County Tax Rate
0.90%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Centreville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39631 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Centreville, Louisiana
In Centreville, 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 East Baton Rouge 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 Centreville, 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 Centreville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 39631, at $230.00, which is also the lowest in the area.
Average Centreville Assessed Value
$19,300
Average East Baton Rouge County Assessed Value
$153,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Centreville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39631 | $19,300 | $19,300 | $19,300 | $19,300 | $19,300 |
Source: Ownwell
Property Tax Bills Across Centreville, Louisiana
In Centreville, East Baton Rouge, LA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is a percentage of the home's market value. The tax rate, or millage rate, is then applied to this assessed value to determine the annual tax bill. Homeowners in Centreville experience a uniform tax bill, with the 25th, 75th, and 90th percentiles all paying around $230 annually, which is significantly lower than the national median property tax rate of 0.99%. Factors influencing the tax bill include the home's market value, local tax rates, and any applicable exemptions or deductions. For homeowners, these property taxes fund essential public services such as schools, infrastructure, and emergency services. While the tax rate in Centreville is relatively low, it is crucial for homeowners to stay informed about their property's assessed value and any changes in local tax rates to manage their annual tax obligations effectively.
Average Centreville Tax Bill
$230
Average East Baton Rouge County Tax Bill
$1,304
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Centreville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39631 | $230 | $230 | $230 | $230 | $230 |
Source: Ownwell