Carville, Louisiana Property Taxes
The median property tax rate in Carville, LA is 1.22%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Carville, the typical annual property tax bill reaches $1,732, which is below the national median of $2,690. Property taxes in Carville 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 Carville'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 Carville 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
Carville, Louisiana Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,820
Ownwell’s Carville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Carville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carville to provide an estimate of your property tax bill. This valuable 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 Carville, Louisiana
Property taxes in Carville, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carville is 1.22%, higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Carville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carville 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 Carville's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70721 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Carville provides valuable insights into the varying tax landscape across Iberville Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carville Tax Rate
1.22%
Average Iberville County Tax Rate
1.07%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70721 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Carville, Louisiana
In Carville, Louisiana, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Iberville Parish Assessor for tax purposes. Conversely, the assessed value is the market value minus any applicable exemptions or limits based on local laws and 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 Carville, 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 Carville is $141,500, and property tax bills can vary widely. For example, the 25th percentile tax bill is $441, while the 75th percentile tax bill is $1,928. The highest median tax bill is found in the 70721 zip code, amounting to $1,732. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage their tax burden effectively.
Average Carville Assessed Value
$141,500
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 Carville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70721 | $15,150 | $36,050 | $141,500 | $157,550 | $174,390 |
Source: Ownwell
Property Tax Bills Across Carville, Louisiana
In Carville, Iberville County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate. For instance, with a median home price of $141,500, homeowners can expect varying tax bills depending on their property's assessed value and any applicable exemptions. Several factors influence the tax bill, including the property's market value, assessment ratio, and any exemptions or deductions for which the homeowner qualifies. The 25th percentile tax bill is around $441, while the 75th percentile tax bill is approximately $1,928. At the higher end, the 90th percentile tax bill reaches $2,134. These tax bills can significantly impact homeowners, as they represent a recurring expense that must be budgeted for annually. Compared to the national median property tax rate of 0.99%, homeowners in Carville may find their tax obligations to be relatively manageable, depending on their specific circumstances.
Average Carville Tax Bill
$1,732
Average Iberville County Tax Bill
$788
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Carville, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70721 | $185 | $441 | $1,732 | $1,928 | $2,134 |
Source: Ownwell