Pineville, Louisiana Property Taxes
The median property tax rate in Pineville, LA is 1.61%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Pineville at $95,940, the typical annual property tax bill reaches $1,545, which is lower than the national median of $2,690. Property taxes in Pineville are calculated based on the assessed value, which typically falls below the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Pineville'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 Pineville or another part of Grant County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pineville, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.61%
Estimate Property Tax Bill
$1,545
$1,433
Ownwell’s Pineville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineville 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 Pineville, Louisiana
Property taxes in Pineville, Louisiana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineville is 0.27%, significantly lower than both the Louisiana state median of 0.51% and the U.S. national median of 0.99%. Local government entities within Pineville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineville 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 Pineville's effective property tax rate to other counties in Louisiana and the national median. For comparison, the highest median property tax rate in the region is 0.51%, while the lowest median tax rate is 0.13%. Understanding how these cities compare with Pineville 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 Pineville Tax Rate
1.61%
Average Grant County Tax Rate
1.57%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pineville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71360 | 1.58% | 1.61% | 1.61% | 1.61% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Pineville, Louisiana
In Pineville, 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 Pineville, 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. With a median home price of $95,940, the 25th percentile tax bill is $988, while the 75th percentile tax bill is $2,010. The highest median tax bill in the area is $1,545 in the 71360 zip code, which is also the lowest. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pineville Assessed Value
$95,940
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 Pineville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71360 | $20,760 | $61,770 | $95,940 | $124,815 | $163,362 |
Source: Ownwell
Property Tax Bills Across Pineville, Louisiana
In Pineville, property tax bills are calculated based on the assessed value of a home, which is determined by the Grant County assessor's office. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property improvements, neighborhood changes, and market conditions can influence the assessed value. Homeowners in Pineville can expect varying tax bills depending on their property's assessed value. For example, the 25th percentile tax bill is around $988, while the 75th percentile tax bill reaches $2,010. At the higher end, the 90th percentile tax bill can be as much as $2,594. These figures illustrate the range of property tax obligations homeowners might face. The median home price in Pineville stands at $95,940, with the median tax bill in the zip code 71360 being $1,545. This is significantly lower than the national median property tax rate of 0.99%, making Pineville a relatively affordable place for property taxes.
Average Pineville Tax Bill
$1,545
Average Grant County Tax Bill
$835
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Pineville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71360 | $335 | $988 | $1,545 | $2,010 | $2,594 |
Source: Ownwell