Urania, Louisiana Property Taxes
The median property tax rate in Urania, LA is 1.47%, significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Urania at $37,600, the typical annual property tax bill reaches $556, which is below the national median of $2,690. Property taxes in Urania 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 Urania'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 Urania or another part of La Salle County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Urania, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$553
$513
Ownwell’s Urania Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Urania with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Urania 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 Urania, Louisiana
Property taxes in Urania, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Urania is 1.47%, significantly higher than the U.S. national median of 0.99%. Local government entities within Urania set these rates annually, and they can vary significantly across different neighborhoods. Each year, Urania 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 Urania's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71480 zip code has the highest median property tax rate of 1.47%, while the same zip code also has the lowest median tax rate of 1.47%. Understanding how these cities compare with Urania provides valuable insights into the varying tax landscape across La Salle Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Urania Tax Rate
1.47%
Average La Salle County Tax Rate
1.48%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Urania, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71480 | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Urania, Louisiana
In Urania, 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 La Salle 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 Urania, 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. For instance, the median home price in Urania is $37,600, and the median tax bill ranges from $324 at the 25th percentile to $1,392 at the 90th percentile. The zip code 71480 has the highest and lowest median tax bill of $556. Being aware of these valuation processes in Urania helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Urania Assessed Value
$37,600
Average La Salle County Assessed Value
$57,405
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Urania, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71480 | $10,200 | $20,850 | $37,600 | $57,450 | $94,100 |
Source: Ownwell
Property Tax Bills Across Urania, Louisiana
In Urania, located in La Salle County, LA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Urania is $37,600. Homeowners' tax bills can vary significantly, with the 25th percentile tax bill at $324, the 75th percentile at $846, and the 90th percentile reaching $1,392. These figures indicate that while some homeowners pay relatively modest amounts, others face higher tax bills depending on their property's assessed value. Several factors influence these tax bills, including the home's assessed value, the local tax rate, and any applicable exemptions. The local tax rate in Urania is competitive when compared to the national median property tax rate of 0.99%. For homeowners, understanding these factors is crucial as they directly impact annual expenses. Higher property taxes can affect affordability and overall financial planning, while lower taxes can make homeownership more accessible.
Average Urania Tax Bill
$556
Average La Salle County Tax Bill
$844
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Urania, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71480 | $150 | $324 | $556 | $846 | $1,392 |
Source: Ownwell