Denham Springs, Louisiana Property Taxes
The median property tax rate in Denham Springs, LA is 1.21%, notably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Denham Springs at $139,000, the typical annual property tax bill reaches $1,675, still below the national median of $2,690. Property taxes in Denham Springs are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Denham Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Denham Springs or another part of Livingston Parish, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Denham Springs, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,682
Ownwell’s Denham Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Denham Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Denham Springs 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 Denham Springs, Louisiana
Property taxes in Denham Springs, Louisiana, are essential in funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Denham Springs is 1.21%, higher than the U.S. national median of 0.99%. Local government entities within Denham Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Denham Springs 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 Denham Springs' effective property tax rate to other areas in Livingston Parish and the national median. For comparison, the 70706 zip code has the highest median property tax rate of 1.31%, while the 70726 zip code has the lowest median tax rate of 1.18%. Understanding how these areas compare with Denham Springs provides valuable insights into the varying tax landscape across Livingston Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Denham Springs Tax Rate
1.21%
Average Livingston County Tax Rate
1.18%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Denham Springs, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70706 | 1.22% | 1.30% | 1.31% | 1.32% | 1.37% |
| 70726 | 1.08% | 1.14% | 1.18% | 1.22% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Denham Springs, Louisiana
In Denham Springs, 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 Livingston 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 Denham Springs, 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. For example, the median home price in Denham Springs is $139,000, with tax bills ranging from $955 at the 25th percentile to $2,791 at the 90th percentile. The highest median tax bill is $1,838 in the 70706 zip code, while the lowest is $1,607 in the 70726 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Denham Springs, Louisiana
Source: Ownwell
$43,400
$212,850
$382,300
Average Denham Springs Assessed Value
$139,000
Average Livingston County Assessed Value
$123,300
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Denham Springs, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70706 | $37,670 | $90,925 | $143,200 | $191,900 | $245,100 |
| 70726 | $34,440 | $77,300 | $137,600 | $174,400 | $222,600 |
Source: Ownwell
Property Tax Bills Across Denham Springs, Louisiana
In Denham Springs, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. Homeowners in Livingston County can expect varying tax bills depending on their property's specifics. For instance, the median home price in Denham Springs is $139,000. Within the city, the tax bill at the 25th percentile is around $955, while at the 75th percentile, it reaches approximately $2,155. The highest median tax bill in the area is $1,838 in the 70706 zip code, whereas the lowest is $1,607 in the 70726 zip code. These property tax bills can significantly affect homeowners' annual expenses, making it crucial to understand how these taxes are calculated and what factors into their determination.
Average Denham Springs Tax Bill
$1,675
Average Livingston County Tax Bill
$1,385
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Denham Springs, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70706 | $510 | $1,192 | $1,838 | $2,483 | $3,178 |
| 70726 | $420 | $896 | $1,607 | $2,058 | $2,591 |
Source: Ownwell