Fluker, Louisiana Property Taxes
The median property tax rate in Fluker, LA is 0.77%, lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Fluker, the typical annual property tax bill reaches $393, significantly below the national median of $2,690. Property taxes in Fluker 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 Fluker'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 Fluker 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
Fluker, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$392
$364
Ownwell’s Fluker Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fluker with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fluker 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 Fluker, Louisiana
Property taxes in Fluker, Louisiana, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Fluker is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Fluker set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fluker 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 Fluker's effective property tax rate to other areas and the national median. For comparison, the zip code 70436 has the same median property tax rate of 0.77%. Understanding how these areas compare with Fluker 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 Fluker Tax Rate
0.77%
Average Tangipahoa County Tax Rate
0.87%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fluker, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70436 | 0.77% | 0.77% | 0.77% | 0.77% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Fluker, Louisiana
In Fluker, 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 Fluker, 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 Fluker helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 70436 has the highest and lowest median tax bill, both at $393.
Average Fluker Assessed Value
$50,911
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 Fluker, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70436 | $13,500 | $17,688 | $50,911 | $110,758 | $204,126 |
Source: Ownwell
Property Tax Bills Across Fluker, Louisiana
In Fluker, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is a percentage of the market value of the property, which is then multiplied by the tax rate set by Tangipahoa County. Factors such as the property's location, size, and condition can influence its assessed value. Homeowners in Fluker experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $142, while at the 75th percentile, it rises to $854. The 90th percentile tax bill can reach up to $1,587. Comparatively, the highest median tax bill in the area is $393, which is associated with the 70436 zip code. These tax bills can significantly impact homeowners, affecting their annual budgeting and long-term financial planning. Understanding how these factors come together helps homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Fluker Tax Bill
$393
Average Tangipahoa County Tax Bill
$889
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Fluker, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70436 | $104 | $142 | $393 | $854 | $1,587 |
Source: Ownwell