Lincoln County, Louisiana Property Taxes
The median property tax rate in Lincoln Parish is 0.89%, which is slightly lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Lincoln Parish being $106,951, the typical annual property tax bill amounts to $972, considerably less than the national median of $2,690. Property taxes in Lincoln Parish are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Lincoln Parish's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Ruston or another part of Lincoln Parish, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lincoln County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$952
$883
Ownwell's Lincoln Parish Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lincoln Parish with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lincoln Parish 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 Lincoln County, Louisiana
Property taxes in Lincoln County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lincoln County is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Lincoln County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lincoln County 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 Lincoln County's effective property tax rate with other areas in Louisiana and the national median. For comparison, the city of Grambling has one of the higher property tax rates in Louisiana at 1.30%, while the city of Farmerville boasts one of the lowest at 0.78%. Analyzing how Lincoln County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lincoln County Tax Rate
0.89%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lincoln County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | 0.76% | 0.79% | 0.87% | 0.96% | 1.17% |
| Choudrant | 0.80% | 0.80% | 0.86% | 0.93% | 1.10% |
| Downsville | 0.83% | 0.84% | 0.86% | 0.90% | 1.04% |
| Dubach | 0.71% | 0.79% | 0.87% | 0.94% | 1.14% |
| Farmerville | N/A | N/A | N/A | N/A | N/A |
| Grambling | 1.19% | 1.19% | 1.30% | 1.30% | 1.30% |
| Ruston | 0.85% | 0.89% | 0.89% | 0.89% | 1.12% |
| Simsboro | 0.77% | 0.82% | 0.88% | 0.98% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Lincoln County, Louisiana
In Lincoln County, 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 Lincoln County 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 Lincoln County 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, the highest median tax bill in Lincoln County is $1,136 in Ruston, while the lowest is $471 in Farmerville. Being aware of these valuation processes in Lincoln County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Lincoln County, Louisiana
Source: Ownwell
$60,836
$93,401
$125,966
Average Lincoln County Assessed Value
$106,951
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lincoln County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $16,371 | $33,066 | $66,746 | $135,342 | $186,120 |
| Choudrant | $22,690 | $53,646 | $108,734 | $199,588 | $379,584 |
| Downsville | $30,750 | $72,306 | $117,951 | $180,638 | $208,600 |
| Dubach | $19,269 | $38,532 | $75,000 | $149,724 | $254,900 |
| Farmerville | N/A | N/A | N/A | N/A | N/A |
| Grambling | $35,849 | $58,532 | $80,852 | $116,619 | $160,020 |
| Ruston | $21,943 | $57,408 | $125,966 | $210,208 | $303,380 |
| Simsboro | $14,328 | $30,767 | $60,836 | $105,403 | $171,538 |
Source: Ownwell
Property Tax Bills Across Lincoln County, Louisiana
Property tax bills in Lincoln County, LA, are calculated based on the assessed value of a property, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors, including property location, size, and market conditions, influence the assessed value. For instance, the median home price in Lincoln County is $106,951. Homeowners in Lincoln County experience a range of tax bills. At the 25th percentile, property tax bills are around $468, while at the 75th percentile, they can reach up to $1,694. For those in the 90th percentile, tax bills can be as high as $2,516. The city of Ruston has the highest median tax bill at $1,136, whereas Farmerville has the lowest at $471. Comparatively, the national median property tax rate is 0.99%, which offers a benchmark for understanding how local rates stack up against the broader national landscape. These property taxes are crucial for funding essential public services, impacting homeowners by contributing to the community's overall quality of life.
Average Lincoln County Tax Bill
$972
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Lincoln County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $191 | $316 | $559 | $1,058 | $1,566 |
| Choudrant | $253 | $494 | $951 | $1,641 | $3,110 |
| Downsville | $317 | $649 | $1,014 | $1,515 | $1,741 |
| Dubach | $213 | $350 | $636 | $1,180 | $2,017 |
| Farmerville | N/A | N/A | N/A | N/A | N/A |
| Grambling | $472 | $730 | $1,019 | $1,468 | $2,030 |
| Ruston | $240 | $529 | $1,136 | $1,852 | $2,649 |
| Simsboro | $178 | $300 | $532 | $875 | $1,430 |
Source: Ownwell