Arabi, Louisiana Property Taxes
The median property tax rate in Arabi, Louisiana is 1.05%, higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Arabi at $125,800, the typical annual property tax bill reaches $1,390, which is below the national median of $2,690. Property taxes in Arabi are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Arabi'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 Arabi or another part of St. Bernard County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arabi, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,321
Ownwell’s Arabi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arabi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arabi 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 Arabi, Louisiana
Property taxes in Arabi, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arabi is 1.05%, higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Arabi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arabi 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 Arabi's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70032 zip code has the highest median property tax rate of 1.05%, while the same zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Arabi provides valuable insights into the varying tax landscape across St. Bernard Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arabi Tax Rate
1.05%
Average St. Bernard County Tax Rate
0.98%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arabi, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70032 | 0.34% | 0.62% | 1.05% | 1.53% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Arabi, Louisiana
In Arabi, 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 St. Bernard Parish Assessor's Office 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 Arabi, 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 Arabi helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Arabi are both $1,390, found in the 70032 zip code.
Average Arabi Assessed Value
$125,800
Average St. Bernard County Assessed Value
$110,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arabi, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70032 | $72,594 | $92,100 | $125,800 | $192,000 | $272,454 |
Source: Ownwell
Property Tax Bills Across Arabi, Louisiana
In Arabi, located in St. Bernard Parish, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is typically a percentage of the home's market value, and for Arabi, this calculation reflects the area's specific tax rate. The median home price in Arabi is $125,800, which influences the overall tax bill. Factors such as property improvements, neighborhood conditions, and market trends also play a role in determining the assessed value. Homeowners in Arabi can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is $742, while the 75th percentile tax bill rises to $2,398, and the 90th percentile tax bill peaks at $3,510. The median property tax rate in Arabi is 1.10%, slightly above the national median of 0.99%. This higher rate can lead to a more substantial financial impact on homeowners, affecting their annual budgeting and long-term financial planning.
Average Arabi Tax Bill
$1,390
Average St. Bernard County Tax Bill
$1,179
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Arabi, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70032 | $334 | $742 | $1,390 | $2,398 | $3,510 |
Source: Ownwell