Bentley, Louisiana Property Taxes
The median property tax rate in Bentley, LA is 1.58%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Bentley, the typical annual property tax bill reaches $1,159, exceeding the national median of $2,690. Property taxes in Bentley 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 Bentley'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 Bentley 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
Bentley, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$1,166
Ownwell’s Bentley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bentley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bentley 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 Bentley, Louisiana
Property taxes in Bentley, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bentley is 1.58%, significantly higher than the U.S. national median of 0.99%. Local government entities within Bentley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bentley 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 Bentley's effective property tax rate to other counties in Louisiana and the national median. For comparison, the zip code 71407 has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how these cities compare with Bentley provides valuable insights into the varying tax landscape across Grant, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bentley Tax Rate
1.58%
Average Grant County Tax Rate
1.57%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bentley, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71407 | 1.55% | 1.58% | 1.58% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Bentley, Louisiana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bentley, Louisiana. 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 Bentley, 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 Bentley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Bentley is $1,159 in zip code 71407, while the lowest is also $1,159 in the same zip code.
Average Bentley Assessed Value
$73,785
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 Bentley, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71407 | $13,347 | $33,875 | $73,785 | $119,560 | $169,818 |
Source: Ownwell
Property Tax Bills Across Bentley, Louisiana
In Bentley, Louisiana, property tax bills are determined by multiplying the assessed value of a home by the local property tax rate. The assessed value is typically a percentage of the market value, which is determined by the local tax assessor. Factors such as property size, location, and market conditions are considered in this valuation. The local tax rate in Bentley is influenced by various public service needs, including schools, infrastructure, and emergency services. For homeowners, this means that their tax bill can vary significantly based on the value of their property. For instance, a home in the 25th percentile of tax bills might pay around $536 annually, while those in the 75th percentile could see a bill as high as $1,892. The 90th percentile tax bill reaches up to $2,679. These figures highlight the range of property tax burdens faced by residents, with the highest median tax bill in the area being $1,159. Understanding these factors can help homeowners anticipate their annual tax obligations and plan accordingly.
Average Bentley Tax Bill
$1,159
Average Grant County Tax Bill
$835
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Bentley, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71407 | $211 | $536 | $1,159 | $1,892 | $2,679 |
Source: Ownwell