Roseland, Louisiana Property Taxes
The median property tax rate in Roseland, LA is 0.77%, 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 Roseland at $54,239, the typical annual property tax bill amounts to $405, significantly below the national median of $2,690. Property taxes in Roseland are determined based on the tax assessed value, which usually falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Roseland'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 Roseland or another part of Tangipahoa County, being well-versed in the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roseland, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$418
$388
Ownwell’s Roseland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roseland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roseland 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 Roseland, Louisiana
Property taxes in Roseland, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roseland is 0.77%, lower than both the Louisiana state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Roseland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roseland 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 Roseland's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70444 zip code has the highest median property tax rate of 0.92%, while the 70454 zip code has the lowest median tax rate of 0.67%. Understanding how these cities compare with Roseland 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 Roseland 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 Roseland, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70403 | 0.70% | 0.73% | 0.80% | 0.86% | 0.90% |
70422 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
70444 | 0.75% | 0.86% | 0.92% | 0.92% | 0.92% |
70454 | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
70456 | 0.67% | 0.72% | 0.77% | 0.77% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Roseland, Louisiana
In Roseland, 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 Roseland, 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 Roseland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Roseland, the highest median tax bill is $413 in the 70456 zip code, while the lowest median tax bill is $136 in the 70454 zip code.
Average Roseland Assessed Value
$54,239
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 Roseland, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70403 | $10,927 | $13,818 | $18,636 | $23,453 | $26,344 |
70422 | $8,500 | $8,500 | $8,500 | $8,500 | $8,500 |
70444 | $14,200 | $22,750 | $37,729 | $50,232 | $54,327 |
70454 | $11,265 | $14,663 | $20,326 | $25,990 | $29,388 |
70456 | $13,500 | $28,196 | $55,157 | $87,531 | $134,563 |
Source: Ownwell
Property Tax Bills Across Roseland, Louisiana
In Roseland, property tax bills are calculated based on the assessed value of a home, which is determined by the Tangipahoa County Assessor's Office. The assessed value is a percentage of the property's market value. Homeowners in Roseland can expect varying property tax bills depending on the assessed value of their property and the applicable tax rate. For instance, the median home price in Roseland is $54,239, and the tax bill can range significantly. At the 25th percentile, homeowners might pay around $192, while those at the 75th percentile could see bills as high as $644. The top 10% of property tax bills can even reach $1,037. The highest median tax bill in the area is $413 in the 70456 zip code, while the lowest is $136 in the 70454 zip code. These variations highlight how property taxes can impact homeowners differently based on their property's location and assessed value, making it essential for residents to understand their specific tax obligations.
Average Roseland Tax Bill
$405
Average Tangipahoa County Tax Bill
$889
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Roseland, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70403 | $80 | $110 | $160 | $210 | $240 |
70422 | $66 | $66 | $66 | $66 | $66 |
70444 | $131 | $210 | $288 | $373 | $464 |
70454 | $76 | $98 | $136 | $174 | $197 |
70456 | $102 | $198 | $413 | $658 | $1,065 |
Source: Ownwell