Church Point, Louisiana Property Taxes
The median property tax rate in Church Point, LA is 0.62%, significantly lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $234,190 in Church Point, the typical annual property tax bill amounts to $1,431, well below the national median of $2,690. Property taxes in Church Point are based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Church Point's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Church Point 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
Church Point, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$1,452
Ownwell’s Church Point Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Church Point with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Church Point 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 Church Point, Louisiana
Property taxes in Church Point, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Church Point is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Church Point set these rates annually, and they can vary significantly across different neighborhoods. Each year, Church Point 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 Church Point's effective property tax rate to other areas in Lafayette Parish and the national median. For comparison, the zip code 70525 has both the highest and lowest median property tax rate of 0.62%, the same as Church Point. Understanding how these areas compare with Church Point provides valuable insights into the varying tax landscape across Lafayette Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Church Point Tax Rate
0.62%
Average Lafayette County Tax Rate
0.73%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Church Point, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70525 | 0.39% | 0.59% | 0.62% | 0.70% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Church Point, Louisiana
In Church Point, 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 Lafayette 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 Church Point, 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. Being aware of these valuation processes in Church Point helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 70525 has the highest and lowest median tax bill, both at $1431, compared to the national median property tax rate of 0.99%.
Average Church Point Assessed Value
$234,190
Average Lafayette County Assessed Value
$153,470
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Church Point, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70525 | $72,660 | $149,490 | $234,190 | $262,738 | $304,740 |
Source: Ownwell
Property Tax Bills Across Church Point, Louisiana
In Church Point, property tax bills are calculated based on the assessed value of the property, which is determined by the Lafayette County Assessor. The assessed value is a percentage of the property's market value, reflecting current real estate trends. Once the assessed value is established, local tax rates are applied to calculate the annual tax bill. Homeowners in Church Point can expect a range of property tax bills. For instance, the tax bill at the 25th percentile is approximately $710, while the 75th percentile reaches $1,755. The highest median tax bill in the area is $1,431, which is significantly lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable in Church Point compared to other regions. Various factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Homeowners should stay informed about these factors to anticipate any changes in their property tax obligations.
Average Church Point Tax Bill
$1,431
Average Lafayette County Tax Bill
$1,014
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Church Point, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70525 | $355 | $710 | $1,431 | $1,755 | $2,248 |
Source: Ownwell