Jones, Louisiana Property Taxes
The median property tax rate in Jones, LA is 0.99%, aligning with the national median of 0.99% but slightly above the Louisiana state median of 0.91%. With the median home value in Jones, the typical annual property tax bill reaches $362, significantly lower than the national median of $2,690. Property taxes in Jones are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Jones's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Jones or another part of Morehouse County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jones, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$361
$335
Ownwell’s JONES Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in JONES with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in JONES 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 Jones, Louisiana
Property taxes in Jones, Louisiana, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Jones is 0.99%, aligning perfectly with the U.S. national median of 0.99%. Local government entities within Jones set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jones 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 Jones's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 71250 has both the highest and lowest median property tax rate of 0.99%. Understanding how these areas compare with Jones provides valuable insights into the varying tax landscape across Morehouse Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jones Tax Rate
0.99%
Average Morehouse County Tax Rate
1.19%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jones, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71250 | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Jones, Louisiana
In Jones, 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 Morehouse 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 Jones, 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 instance, the highest median tax bill in Jones is $362 in the 71250 zip code. 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 Jones helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jones Assessed Value
$36,474
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 Jones, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71250 | $7,802 | $19,610 | $36,474 | $92,000 | $144,847 |
Source: Ownwell
Property Tax Bills Across Jones, Louisiana
Property tax bills in Jones, a city in Morehouse County, Louisiana, are calculated based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, determined by the county assessor. Factors such as location, property size, and improvements influence this value. Homeowners in Jones face a median property tax rate of 0.99%, aligning with the national median. For instance, with a median home price of $36,474, homeowners can expect their tax bill to vary significantly. The 25th percentile tax bill is around $195, while the 75th percentile reaches $913. At the higher end, the 90th percentile tax bill can be as much as $1,438. These figures illustrate the range of potential tax burdens, depending on property value and specific circumstances. This variability in tax bills can significantly impact homeowners' finances, making it crucial to understand how local property taxes are determined and managed.
Average Jones Tax Bill
$362
Average Morehouse County Tax Bill
$587
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Jones, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71250 | $77 | $195 | $362 | $913 | $1,438 |
Source: Ownwell