Ashland, Louisiana Property Taxes
The median property tax rate in Ashland, Louisiana is 1.00%, slightly higher than the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Ashland at $48,400, the typical annual property tax bill reaches $486, which is significantly lower than the national median of $2,690. Property taxes in Ashland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ashland'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 Ashland 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
Ashland, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$484
$449
Ownwell’s Ashland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ashland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashland 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 Ashland, Louisiana
Property taxes in Ashland, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashland is 1.00%, slightly higher than the U.S. national median of 0.99%. Local government entities within Ashland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashland 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 Ashland's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71002 zip code has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Ashland provides valuable insights into the varying tax landscape across Natchitoches Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashland Tax Rate
1.00%
Average Natchitoches County Tax Rate
0.95%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashland, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71002 | 1.00% | 1.00% | 1.00% | 1.01% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Ashland, Louisiana
In Ashland, 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 Natchitoches County 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. In Ashland, 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 Ashland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ashland is $48,400, with the highest median tax bill recorded at $486 in zip code 71002.
Average Ashland Assessed Value
$48,400
Average Natchitoches County Assessed Value
$62,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashland, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71002 | $10,000 | $23,200 | $48,400 | $77,250 | $114,300 |
Source: Ownwell
Property Tax Bills Across Ashland, Louisiana
In Ashland, located in Natchitoches Parish, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the home's market value, and this figure is then multiplied by the local tax rate. For example, with a median home price of $48,400, homeowners in Ashland can expect their tax bills to vary significantly. At the 25th percentile, property tax bills are around $234, while at the 75th percentile, they rise to approximately $777. For those at the 90th percentile, tax bills can reach up to $1,150. These figures highlight the range of property tax burdens within the area. Compared to the national median property tax rate of 0.99%, Ashland's property taxes are relatively moderate. Homeowners should be aware that these taxes fund essential local services such as schools, public safety, and infrastructure, making them a crucial aspect of community well-being.
Average Ashland Tax Bill
$486
Average Natchitoches County Tax Bill
$605
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashland, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71002 | $100 | $234 | $486 | $777 | $1,150 |
Source: Ownwell