Morehouse County, Louisiana Property Taxes
The median property tax rate in Morehouse is 1.19%, which is significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Morehouse, the typical annual property tax bill reaches $587, which is much lower than the national median of $2,690. Property taxes in Morehouse are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Morehouse's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Bastrop or another part of Morehouse, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Morehouse County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$564
$524
Ownwell’s Morehouse Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Morehouse with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Morehouse 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 Morehouse County, Louisiana
Property taxes in Morehouse play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Morehouse is 1.19%, which is higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Morehouse set these rates annually, and they can vary significantly between different areas within the county. Each year, Morehouse 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 Morehouse's effective property tax rate with other counties in Louisiana and the national median. For comparison, the city of Bastrop has one of the higher property tax rates in Louisiana at 1.37%, while the city of Oak Ridge boasts one of the lowest at 0.99%. Analyzing how Morehouse's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Morehouse County Tax Rate
1.19%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morehouse County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bastrop | 0.96% | 1.04% | 1.37% | 1.37% | 1.37% |
| Bonita | 0.99% | 0.99% | 1.00% | 1.08% | 1.08% |
| Collinston | 0.97% | 1.02% | 1.04% | 1.10% | 1.38% |
| Jones | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
| Mer Rouge | 1.01% | 1.01% | 1.02% | 1.12% | 1.12% |
| Oak Ridge | 0.99% | 0.99% | 0.99% | 1.01% | 1.12% |
| Sterlington | 0.95% | 0.97% | 1.00% | 1.04% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Morehouse County, Louisiana
In Morehouse, 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 Morehouse 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 Morehouse 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. Being aware of these valuation processes in Morehouse will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Morehouse, Sterlington has the highest median tax bill at $1,895, while Bonita has the lowest at $238.
Property Tax Assessment Values Across Morehouse County, Louisiana
Source: Ownwell
$23,038
$106,352
$189,666
Average Morehouse County Assessed Value
$47,417
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morehouse County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bastrop | $8,249 | $19,104 | $46,475 | $90,585 | $147,117 |
| Bonita | $5,009 | $10,800 | $23,038 | $47,040 | $92,157 |
| Collinston | $7,517 | $18,165 | $43,800 | $97,076 | $181,251 |
| Jones | $7,802 | $19,610 | $36,474 | $92,000 | $144,847 |
| Mer Rouge | $8,940 | $20,675 | $47,043 | $78,813 | $149,363 |
| Oak Ridge | $10,920 | $25,358 | $59,200 | $120,240 | $198,250 |
| Sterlington | $80,363 | $140,162 | $189,666 | $254,856 | $325,876 |
Source: Ownwell
Property Tax Bills Across Morehouse County, Louisiana
In Morehouse County, LA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Various factors influence this assessed value, including the home's location, size, and condition. Once the assessed value is determined, local tax rates are applied to calculate the final tax bill. For instance, the median home price in Morehouse County is $47,417. Homeowners in Morehouse County can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $269, while the 75th percentile reaches $1,036. At the higher end, the 90th percentile tax bill can be as much as $1,691. Interestingly, the highest median tax bill in the county is found in Sterlington, at $1,895, whereas Bonita has the lowest median tax bill at $238. These variations highlight the impact of property location and value on tax obligations, affecting homeowners differently across the county.
Average Morehouse County Tax Bill
$587
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Morehouse County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bastrop | $122 | $278 | $592 | $1,005 | $1,584 |
| Bonita | $52 | $113 | $238 | $491 | $970 |
| Collinston | $85 | $243 | $522 | $1,036 | $1,808 |
| Jones | $77 | $195 | $362 | $913 | $1,438 |
| Mer Rouge | $100 | $230 | $494 | $832 | $1,648 |
| Oak Ridge | $108 | $257 | $598 | $1,266 | $2,183 |
| Sterlington | $902 | $1,447 | $1,895 | $2,494 | $3,114 |
Source: Ownwell