Saint Landry, Louisiana Property Taxes
The median property tax rate in Saint Landry, LA is 0.78%, which is lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Saint Landry at $66,000, the typical annual property tax bill is about $533, significantly below the national median of $2,690. Property taxes in Saint Landry are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Saint Landry's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saint Landry 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
Saint Landry, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$515
Ownwell’s Saint Landry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Landry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Landry 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 Saint Landry, Louisiana
Property taxes in SAINT LANDRY, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in SAINT LANDRY is 0.53%, which is lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within SAINT LANDRY set these rates annually, and they can vary significantly across different neighborhoods. Each year, SAINT LANDRY 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 SAINT LANDRY's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70570 zip code has the highest median property tax rate of 0.53%, while the 70570 zip code has the lowest median tax rate of 0.53%. Understanding how these cities compare with SAINT LANDRY provides valuable insights into the varying tax landscape across Evangeline Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Landry Tax Rate
0.78%
Average Evangeline County Tax Rate
0.78%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Landry, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71367 | 0.78% | 0.78% | 0.78% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Saint Landry, Louisiana
In Saint Landry, Louisiana, understanding the difference between "market value" and "assessed value" is essential 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 local appraisal district 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 Saint Landry, 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 Saint Landry 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 71367, with a median of $533, while the lowest is also 71367, with the same median value.
Average Saint Landry Assessed Value
$66,000
Average Evangeline County Assessed Value
$60,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Landry, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71367 | $11,360 | $32,500 | $66,000 | $96,400 | $147,560 |
Source: Ownwell
Property Tax Bills Across Saint Landry, Louisiana
In Saint Landry, LA, property tax bills are calculated based on the assessed value of the property, which is a percentage of the market value. The local tax rate is applied to this assessed value to determine the annual tax bill. For example, with a median home price of $66,000, homeowners can expect varying tax bills. The 25th percentile tax bill is around $259, while the 75th percentile reaches up to $774, and the 90th percentile can be as high as $1,175. These figures illustrate the range of property tax burdens within the area. Several factors influence these tax bills, including property size, location, and any applicable exemptions or deductions. Homeowners in Saint Landry may find their tax bills to be relatively moderate compared to the national median property tax rate of 0.99%. Understanding these calculations can help homeowners budget more effectively and plan for their financial obligations throughout the year.
Average Saint Landry Tax Bill
$533
Average Evangeline County Tax Bill
$464
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Landry, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71367 | $94 | $259 | $533 | $774 | $1,175 |
Source: Ownwell