Akers, Louisiana Property Taxes
The median property tax rate in Akers, LA is 1.03%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Akers, the typical annual property tax bill reaches $206, which is significantly lower than the national median of $2,690. Property taxes in Akers are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Akers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Akers or another part of Tangipahoa County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Akers, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$205
$191
Ownwell’s Akers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Akers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Akers 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 Akers, Louisiana
Property taxes in Akers, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Akers is 1.03%, which is higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Akers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Akers 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 Akers' effective property tax rate to other counties in Louisiana and the national median. For comparison, the zip code 70421 has the highest median property tax rate of 1.03%, while the same zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Akers provides valuable insights into the varying tax landscape across Tangipahoa, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Akers Tax Rate
1.03%
Average Tangipahoa County Tax Rate
0.87%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Akers, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70421 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Akers, Louisiana
In Akers, 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 Tangipahoa 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 Akers, 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. Notably, the highest and lowest median tax bills in Akers are both $206, found in the zip code 70421. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Akers Assessed Value
$19,936
Average Tangipahoa County Assessed Value
$100,451
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Akers, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70421 | $15,418 | $19,046 | $19,936 | $35,000 | $43,400 |
Source: Ownwell
Property Tax Bills Across Akers, Louisiana
In Akers, Tangipahoa County, LA, property tax bills are calculated based on the assessed value of the home, which is a percentage of the market value. For instance, with a median home price of $19,936, the assessed value is determined by local tax authorities. The tax rate is then applied to this assessed value to calculate the tax bill. Various factors influence the final tax bill, including property improvements, location, and any applicable exemptions. Homeowners in Akers can expect their tax bills to fall within a certain range. At the 25th percentile, the tax bill is around $196, while at the 75th percentile, it rises to approximately $361. For those at the 90th percentile, the tax bill can be as high as $448. Compared to the national median property tax rate of 0.99%, the property tax burden in Akers can be considered moderate. These tax bills impact homeowners by contributing to local services and infrastructure, thus affecting the overall cost of homeownership.
Average Akers Tax Bill
$206
Average Tangipahoa County Tax Bill
$889
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Akers, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70421 | $159 | $196 | $206 | $361 | $448 |
Source: Ownwell