Iberville County Property Taxes
The median property tax rate in Iberville is 1.07%, which is significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Iberville at $73,600, the typical annual property tax bill reaches $788, which is below the national median of $2,690. Property taxes in Iberville are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Iberville's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Plaquemine or another part of Iberville, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Iberville County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$788
Ownwell’s Iberville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Iberville with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Iberville to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Iberville County, Louisiana
Property taxes in Iberville play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Iberville is 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within Iberville set these rates annually, and they can vary significantly between different areas within the county. Each year, Iberville estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Iberville's effective property tax rate with other counties and the national median. For comparison, the city of Carville has one of the higher property tax rates in the region at 1.22%, while the city of Rosedale boasts one of the lowest at 1.03%. Analyzing how Iberville's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Iberville County Tax Rate
1.07%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Iberville County, Louisiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Belle Rose | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Carville | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Grosse Tete | 1.03% | 1.03% | 1.09% | 1.10% | 1.10% |
Maringouin | 1.03% | 1.03% | 1.06% | 1.06% | 1.06% |
Plaquemine | 1.03% | 1.03% | 1.03% | 1.13% | 1.13% |
Rosedale | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Saint Gabriel | 1.07% | 1.22% | 1.22% | 1.22% | 1.22% |
Sunshine | 1.07% | 1.07% | 1.22% | 1.22% | 1.22% |
White Castle | 1.03% | 1.03% | 1.03% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Iberville County, Louisiana
In Iberville Parish, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Iberville Parish Appraisal District. The assessed value, however, 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. Assessment notices in Iberville Parish are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Saint Gabriel has the highest median tax bill at $1,930, while Belle Rose has the lowest at $467. Being aware of these valuation processes in Iberville Parish will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Iberville County, Louisiana
Source: Ownwell
$45,200
$105,250
$165,300
Average Iberville County Assessed Value
$73,600
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Iberville County, Louisiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Belle Rose | $45,200 | $45,200 | $45,200 | $45,200 | $45,200 |
Carville | $15,150 | $36,050 | $141,500 | $157,550 | $174,390 |
Grosse Tete | $21,350 | $34,675 | $66,000 | $110,475 | $173,250 |
Maringouin | $17,600 | $30,675 | $56,800 | $83,750 | $126,520 |
Plaquemine | $18,700 | $36,500 | $73,400 | $132,100 | $207,380 |
Rosedale | $25,000 | $42,800 | $77,750 | $140,350 | $204,580 |
Saint Gabriel | $21,800 | $56,100 | $165,300 | $226,900 | $320,520 |
Sunshine | $15,000 | $35,150 | $82,400 | $143,350 | $190,680 |
White Castle | $17,030 | $29,875 | $57,350 | $89,525 | $146,820 |
Source: Ownwell
Property Tax Bills Across Iberville County, Louisiana
In Iberville County, LA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Local tax authorities determine the assessed value, and this figure is then multiplied by the county's tax rate to calculate the annual property tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Iberville County experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $394, while the 75th percentile sees bills around $1,515. At the higher end, the 90th percentile tax bill reaches $2,500. Comparatively, the national median property tax rate is 0.99%, which provides context for understanding local tax burdens. The highest median tax bill in Iberville County is found in Saint Gabriel at $1,930, whereas Belle Rose has the lowest at $467. These variations significantly affect homeowners' annual expenses and can influence decisions about property investments and relocations within the county.
Average Iberville County Tax Bill
$788
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Iberville County, Louisiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Belle Rose | $467 | $467 | $467 | $467 | $467 |
Carville | $185 | $441 | $1,732 | $1,928 | $2,134 |
Grosse Tete | $227 | $370 | $709 | $1,179 | $1,855 |
Maringouin | $182 | $325 | $597 | $882 | $1,334 |
Plaquemine | $202 | $399 | $783 | $1,418 | $2,224 |
Rosedale | $258 | $442 | $804 | $1,451 | $2,115 |
Saint Gabriel | $262 | $676 | $1,930 | $2,733 | $3,828 |
Sunshine | $184 | $430 | $939 | $1,696 | $2,203 |
White Castle | $181 | $312 | $618 | $952 | $1,553 |
Source: Ownwell