Ball, Louisiana Property Taxes
The median property tax rate in Ball, LA is 1.55%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Ball, the typical annual property tax bill reaches $1,443, exceeding the national median of $2,690. Property taxes in Ball are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ball'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 Ball 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
Ball, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$1,446
$1,342
Ownwell’s BALL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BALL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BALL 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 Ball, Louisiana
Property taxes in Ball, Louisiana, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ball is 1.55%, which is significantly higher than the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Ball set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ball 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 Ball's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 71405 has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these areas compare with Ball provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ball Tax Rate
1.55%
Average Grant County Tax Rate
1.57%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ball, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71405 | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Ball, Louisiana
In Ball, 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 Grant County 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 Ball, 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 Ball helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,443 in the 71405 zip code, while the lowest median tax bill is also $1,443 in the same zip code.
Average Ball Assessed Value
$93,285
Average Grant County Assessed Value
$52,470
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ball, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71405 | $48,314 | $75,290 | $93,285 | $110,950 | $142,096 |
Source: Ownwell
Property Tax Bills Across Ball, Louisiana
In Ball, located in Grant County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. Homeowners in Ball face property tax rates that can vary significantly. For instance, the median home price in Ball is $93,285. Property tax bills range from the 25th percentile at $1,165 to the 75th percentile at $1,716, with the 90th percentile reaching up to $2,198. These tax bills are influenced by multiple factors, including the assessed value of the property and the local tax rate. The median property tax rate in Ball is relatively high compared to the national median of 0.99%. This means that homeowners in Ball may pay more in property taxes than the average American homeowner. Understanding these factors is crucial for homeowners as it directly impacts their annual financial obligations and overall cost of owning a home in Ball.
Average Ball Tax Bill
$1,443
Average Grant County Tax Bill
$835
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Ball, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71405 | $747 | $1,165 | $1,443 | $1,716 | $2,198 |
Source: Ownwell