Campti, Louisiana Property Taxes
The median property tax rate in Campti, LA is 0.92%, slightly below the national median of 0.99% but just above the Louisiana state median of 0.91%. With the median home value in Campti at $32,200, the typical annual property tax bill is $305, significantly lower than the national median of $2,690. Property taxes in Campti 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 Campti'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 Campti or another part of the area, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Campti, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$296
$275
Ownwell’s Campti Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campti with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Campti 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 Campti, Louisiana
Property taxes in Campti, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Campti is 0.92%, lower than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Campti set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campti 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 Campti's effective property tax rate to other areas in Louisiana and the national median. For comparison, the 71411 zip code has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these areas compare with Campti 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 Campti Tax Rate
0.92%
Average Natchitoches County Tax Rate
0.95%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Campti, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71411 | 0.86% | 0.92% | 0.92% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Campti, Louisiana
In Campti, 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 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 Campti, 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 Campti 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 71411, with a median tax bill of $305.
Average Campti Assessed Value
$32,200
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 Campti, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71411 | $7,000 | $13,725 | $32,200 | $68,275 | $106,470 |
Source: Ownwell
Property Tax Bills Across Campti, Louisiana
In Campti, located in Natchitoches Parish, LA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and represents a percentage of the property's market value. Several factors influence this assessed value, including the property's location, size, and condition. The local tax rate is then applied to this assessed value to determine the final tax bill. For homeowners in Campti, the median home price stands at $32,200. Property tax bills vary widely, with the 25th percentile at $133 and the 75th percentile at $626. At the 90th percentile, tax bills can reach $982. Despite these variations, the highest and lowest median tax bills in the area are both recorded at $305 in the 71411 zip code. Compared to the national median property tax rate of 0.99%, Campti's property taxes can be relatively more affordable, providing significant savings for homeowners. This affordability can have a positive impact on household budgets and overall financial well-being.
Average Campti Tax Bill
$305
Average Natchitoches County Tax Bill
$605
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Campti, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71411 | $65 | $133 | $305 | $626 | $982 |
Source: Ownwell