West Monroe, Ouachita County, Louisiana Property Taxes
Median West Monroe, LA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median West Monroe, LA home value: $82,581
Median annual West Monroe, LA tax bill: $400, $2,000 lower than the national median property tax bill of $2,400.
How are property taxes in Ouachita calculated?
Property taxes in West Monroe, LA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding West Monroe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Monroe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Monroe, Ouachita County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$512
$475
Property Tax Rates Across West Monroe, Ouachita County, Louisiana
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare West Monroe’s effective property tax rate to other cities in Louisiana and the median property tax rates in Louisiana and the U.S.
In West Monroe, located in Ouachita Parish, the effective property tax rate is significantly lower than the national median of 1.02%. This means homeowners in West Monroe benefit from lower property tax bills compared to many other parts of the country. When comparing to other cities within Louisiana, West Monroe's rate is consistent with the state's trend of maintaining relatively low property tax rates. This can be particularly appealing for potential homeowners looking for affordability in property taxes. As property taxes are a significant consideration in homeownership, understanding these rates can be crucial for financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective West Monroe Tax Rate
0.62%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ouachita County Tax Rate
0.80%
Median Effective Louisiana Tax Rate
0.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across West Monroe, Ouachita County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71291 | 0.11% | 0.37% | 0.59% | 0.84% | 0.94% |
| 71292 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across West Monroe, Ouachita County, Louisiana
When examining property taxes in West Monroe, Louisiana, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ouachita County Tax Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ouachita County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in West Monroe.
For example, the median home price in West Monroe is $82,581, with tax bills ranging significantly across the county. Zip code 71291 has the highest median home price at $122,139.
Property Tax Assessment Values Across West Monroe, Ouachita County, Louisiana
Source: Ownwell
$22,000
$87,601
$153,202
Median West Monroe Market Value
$82,581
Median Ouachita County Market Value
$74,500
Median Louisiana Market Value
$105,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across West Monroe, Ouachita County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71291 | $19,000 | $65,000 | $122,139 | $189,136 | $267,104 |
| 71292 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across West Monroe, Ouachita County, Louisiana
Median West Monroe Tax Bill
$400
Median Ouachita County Tax Bill
$435
Median Louisiana Tax Bill
$865
Median United States Tax Bill
$2,400
Property Tax Bills Across West Monroe, Ouachita County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71291 | $58 | $218 | $654 | $1,203 | $1,913 |
| 71292 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell