Rosedale, Louisiana Property Taxes
The median property tax rate in Rosedale, LA is 1.03%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Rosedale at $77,750, the typical annual property tax bill is $804, which is below the national median of $2,690. Property taxes in Rosedale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rosedale'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 Rosedale 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
Rosedale, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$801
Ownwell’s Rosedale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosedale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosedale 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 Rosedale, Louisiana
Property taxes in Rosedale, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosedale is 1.03%, slightly above the U.S. national median of 0.99%. Local government entities within Rosedale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosedale 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 Rosedale's effective property tax rate to other areas in Iberville Parish and the national median. For comparison, the zip code 70772 has both the highest and lowest median property tax rate of 1.03%. Understanding how these areas compare with Rosedale 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 Rosedale Tax Rate
1.03%
Average Iberville County Tax Rate
1.07%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosedale, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70772 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Rosedale, Louisiana
In Rosedale, 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 Iberville 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 Rosedale, 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. The zip code with the highest median tax bill in Rosedale is 70772, with a median tax bill of $804. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rosedale Assessed Value
$77,750
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 Rosedale, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70772 | $25,000 | $42,800 | $77,750 | $140,350 | $204,580 |
Source: Ownwell
Property Tax Bills Across Rosedale, Louisiana
Property tax bills in Rosedale, Iberville County, LA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor's office and is typically a percentage of the property's market value. Homeowners in Rosedale can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $442 and the 75th percentile reaching $1,451. The highest median tax bill in the area is $804, which is notably lower than the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For homeowners, understanding these factors is crucial as they directly impact annual expenses. A higher assessed value results in a higher tax bill, which can affect budgeting and long-term financial planning. By staying informed about local property tax rates and assessments, homeowners can better manage their financial obligations.
Average Rosedale Tax Bill
$804
Average Iberville County Tax Bill
$788
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosedale, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70772 | $258 | $442 | $804 | $1,451 | $2,115 |
Source: Ownwell