Greensburg, Louisiana Property Taxes
The median property tax rate in Greensburg, LA is 1.58%, considerably higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Greensburg, the typical annual property tax bill reaches $744, which is significantly lower than the national median of $2,690. Property taxes in Greensburg are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Greensburg'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 Greensburg 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
Greensburg, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$727
Ownwell’s Greensburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greensburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greensburg 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 Greensburg, Louisiana
Property taxes in Greensburg, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greensburg is 1.58%, significantly higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Greensburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greensburg 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 Greensburg's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70441 zip code has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how these areas compare with Greensburg provides valuable insights into the varying tax landscape across St. Helena Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Greensburg Tax Rate
1.58%
Average St. Helena County Tax Rate
1.62%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greensburg, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70441 | 1.42% | 1.44% | 1.58% | 1.67% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Greensburg, Louisiana
In Greensburg, 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. Helena 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 Greensburg, 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 Greensburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $46,000 with tax bills ranging from $390 at the 25th percentile to $1,275 at the 90th percentile. The highest and lowest median tax bills are both $744 in the 70441 zip code.
Average Greensburg Assessed Value
$46,000
Average St. Helena County Assessed Value
$49,900
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Greensburg, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70441 | $10,192 | $23,350 | $46,000 | $66,170 | $78,600 |
Source: Ownwell
Property Tax Bills Across Greensburg, Louisiana
Property tax bills in Greensburg, located in St. Helena Parish, LA, are calculated based on the assessed value of your property. The assessed value is a percentage of your property's market value, which is determined by local assessors. For instance, with a median home price of $46,000, homeowners can expect their property tax bills to vary significantly. The tax bill at the 25th percentile is around $390, while at the 75th percentile, it rises to approximately $1,044. Several factors influence the final tax bill, including property improvements, location, and local tax rates. The highest median tax bill in the area is $744, which is consistent across different zip codes within St. Helena Parish. This rate is significantly lower than the national median property tax rate of 0.99%, making it relatively affordable for homeowners in Greensburg. Understanding these factors can help homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Greensburg Tax Bill
$744
Average St. Helena County Tax Bill
$802
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Greensburg, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70441 | $177 | $390 | $744 | $1,044 | $1,275 |
Source: Ownwell