Livingston, Louisiana Property Taxes
The median property tax rate in Livingston, LA is 0.95%, slightly below the national median of 0.99% but higher than the Louisiana state median of 0.91%. With a median home value of $75,600 in Livingston, the typical annual property tax bill amounts to $697, which is significantly lower than the national median of $2,690. Property taxes in Livingston 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. Familiarizing yourself with Livingston'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 Livingston 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
Livingston, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$718
Ownwell’s Livingston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Livingston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Livingston 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 Livingston, Louisiana
Property taxes in Livingston, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Livingston is 0.95%, slightly lower than the U.S. national median of 0.99%. Local government entities within Livingston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Livingston 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 Livingston's effective property tax rate to other counties in Louisiana and the national median. For comparison, the zip code 70754 has the highest median property tax rate of 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these cities compare with Livingston 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 Livingston Tax Rate
0.95%
Average Livingston County Tax Rate
1.18%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Livingston, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70754 | 0.78% | 0.82% | 0.95% | 0.97% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Livingston, Louisiana
In Livingston, 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 local appraisal district 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. 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 Livingston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 70754, both at $697.
Average Livingston Assessed Value
$75,600
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 Livingston, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70754 | $24,200 | $39,900 | $75,600 | $147,600 | $189,620 |
Source: Ownwell
Property Tax Bills Across Livingston, Louisiana
In Livingston, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. Homeowners in Livingston typically pay property taxes that range from $381 at the 25th percentile to $1,731 at the 90th percentile. The median home price in Livingston is $75,600, and the median property tax bill in the area is $697, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. For example, homeowners may qualify for exemptions that reduce the taxable value of their property, thereby lowering their tax bill. The tax rate applied to the assessed value is set by local taxing authorities and can vary within different areas of Livingston. These property taxes play a crucial role in funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Livingston Tax Bill
$697
Average Livingston County Tax Bill
$1,385
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Livingston, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70754 | $225 | $381 | $697 | $1,345 | $1,731 |
Source: Ownwell