Delcambre, Louisiana Property Taxes
The median property tax rate in Delcambre, LA is 0.78%, which is lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $53,405 in Delcambre, the typical annual property tax bill is approximately $418, significantly below the national median of $2,690. Property taxes in Delcambre are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Delcambre'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 Delcambre 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
Delcambre, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$417
Ownwell’s Delcambre Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Delcambre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Delcambre to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities and plan accordingly. For those interested in neighborhood-level trends, more localized information is available as you scroll down. Your property’s assessed value is determined by Iberia County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Delcambre, Louisiana
Property taxes in Delcambre, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Delcambre is 0.78%, lower than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Delcambre set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delcambre 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 Delcambre's effective property tax rate to other areas in Louisiana and the national median. For comparison, the 70528 zip code has both the highest and lowest median property tax rate of 0.78%. Understanding how these areas compare with Delcambre provides valuable insights into the varying tax landscape across Iberia Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Delcambre Tax Rate
0.78%
Average Iberia County Tax Rate
0.82%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delcambre, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70528 | 0.78% | 0.78% | 0.78% | 0.78% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Delcambre, Louisiana
In Delcambre, 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 Iberia 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 Delcambre, 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. The median home price in Delcambre is $53,405, with tax bills ranging from $223 at the 25th percentile to $1,168 at the 90th percentile. The zip code 70528 has the highest and lowest median tax bill, both at $418. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Delcambre Assessed Value
$53,405
Average Iberia County Assessed Value
$68,490
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delcambre, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70528 | $10,985 | $28,168 | $53,405 | $86,835 | $148,216 |
Source: Ownwell
Property Tax Bills Across Delcambre, Louisiana
In Delcambre, located in Iberia County, LA, property tax bills are calculated based on the assessed value of the home, which is typically a percentage of the market value. With a median home price of $53,405, tax bills can vary significantly. The tax bill at the 25th percentile stands at $223, indicating that a quarter of homeowners pay this amount or less. On the higher end, the 75th percentile tax bill is $680, while the 90th percentile reaches up to $1,168. These tax bills are influenced by various factors, including the property's assessed value, local tax rates, and any applicable exemptions. The highest and lowest median tax bills in Delcambre both stand at $418, reflecting uniformity in this specific zip code. Compared to the national median property tax rate of 0.99%, Delcambre's property taxes can be relatively modest. This affects homeowners by influencing their overall housing costs and potentially their ability to afford other expenses.
Average Delcambre Tax Bill
$418
Average Iberia County Tax Bill
$580
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Delcambre, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70528 | $86 | $223 | $418 | $680 | $1,168 |
Source: Ownwell