Amite, Louisiana Property Taxes
The median property tax rate in Amite, LA is 0.81%, which is lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Amite being $67,180, the typical annual property tax bill is $546, significantly below the national median of $2,690. Property taxes in Amite are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Amite'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 Amite or another part of Tangipahoa Parish, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amite, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$544
$505
Ownwell’s Amite Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amite with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amite 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 Amite, Louisiana
Property taxes in Amite, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amite is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Amite set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amite 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 Amite's effective property tax rate to other regions in Louisiana and the national median. For comparison, the 70422 zip code has both the highest and lowest median property tax rate of 0.81%. Understanding how these areas compare with Amite provides valuable insights into the varying tax landscape across Tangipahoa Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amite Tax Rate
0.81%
Average Tangipahoa County Tax Rate
0.87%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amite, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70422 | 0.77% | 0.77% | 0.81% | 0.81% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Amite, Louisiana
In Amite, 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 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 Amite, 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. For instance, the highest median tax bill in the area is $546 in the 70422 zip code, while the lowest is also $546 in the same zip code. Being aware of these valuation processes in Amite helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Amite Assessed Value
$67,180
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 Amite, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70422 | $14,500 | $35,895 | $67,180 | $113,902 | $184,964 |
Source: Ownwell
Property Tax Bills Across Amite, Louisiana
In Amite, located in Tangipahoa County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically represents a percentage of the market value of the property. Various factors, such as the property's location, size, and condition, play a crucial role in this assessment. Homeowners in Amite can expect property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is around $293, while at the 75th percentile, it rises to $922. At the 90th percentile, it can reach up to $1,462. Despite these variations, the median tax bill in the highest and lowest zip codes, such as 70422, is $546, aligning with the county's median. These property taxes are crucial for funding local services, including schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Amite's rates reflect the local economic conditions and property values, impacting homeowners' financial planning and overall cost of living.
Average Amite Tax Bill
$546
Average Tangipahoa County Tax Bill
$889
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Amite, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70422 | $116 | $293 | $546 | $922 | $1,462 |
Source: Ownwell