Amelia, Louisiana Property Taxes
The median property tax rate in Amelia, LA 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 Amelia, the typical annual property tax bill is $100, significantly lower than the national median of $2,690. Property taxes in Amelia 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 Amelia'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 Amelia or another part of St. Mary County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amelia, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$106
Ownwell's Amelia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Amelia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amelia to provide an accurate estimate of your property tax bill. This intuitive tool offers valuable insights into potential tax liabilities, helping you make informed decisions. For those interested in understanding trends at a neighborhood level, more localized information is available below. Your property's assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Amelia, Louisiana
Property taxes in Amelia, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amelia is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Amelia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amelia 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 Amelia's effective property tax rate to other areas in Louisiana and the national median. For comparison, the zip code 70340 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Amelia provides valuable insights into the varying tax landscape across St. Mary Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amelia Tax Rate
1.00%
Average St. Mary County Tax Rate
1.12%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amelia, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70340 | 0.84% | 0.84% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Amelia, Louisiana
In Amelia, 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. Mary 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 Amelia, 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 Amelia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Residents in the 70340 zip code experience the highest tax bills, while those in the 70380 zip code see the lowest.
Average Amelia Assessed Value
$10,640
Average St. Mary County Assessed Value
$58,475
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amelia, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70340 | $4,410 | $6,190 | $10,640 | $25,000 | $42,770 |
Source: Ownwell
Property Tax Bills Across Amelia, Louisiana
In Amelia, located in St. Mary Parish, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to yield the annual tax bill. Homeowners in Amelia experience a range of property tax bills, with the 25th percentile paying around $60, while those in the 75th percentile pay approximately $211. At the higher end, the 90th percentile sees tax bills reaching up to $429. These variations reflect differences in property values and exemptions applied. Compared to the national median property tax rate of 0.99%, Amelia's tax rates can be quite favorable for many homeowners, making it an attractive location for property investment. The relatively low tax burden can significantly impact homeowners by reducing annual expenses and making homeownership more affordable.
Average Amelia Tax Bill
$100
Average St. Mary County Tax Bill
$638
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Amelia, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70340 | $44 | $60 | $100 | $211 | $429 |
Source: Ownwell