Tangipahoa, Louisiana Property Taxes
The median property tax rate in Tangipahoa, LA is 1.01%, slightly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Tangipahoa, the typical annual property tax bill reaches $155, significantly below the national median of $2,690. Property taxes in Tangipahoa 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 Tangipahoa'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 Tangipahoa or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tangipahoa, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$167
Ownwell’s Tangipahoa Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Tangipahoa with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Tangipahoa to provide an estimate of your property tax bill. This valuable tool helps you gain a clear understanding of potential tax liabilities. For those interested in more detailed insights, scrolling down reveals trends at the neighborhood level. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Tangipahoa, Louisiana
Property taxes in Tangipahoa, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tangipahoa is 1.01%, higher than both the Louisiana state median and the U.S. national median of 0.99%. Local government entities within Tangipahoa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tangipahoa 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 Tangipahoa's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 70454 zip code has the highest median property tax rate of 1.01%, while the 70444 zip code has the lowest median tax rate of 0.51%. Understanding how these cities compare with Tangipahoa 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 Tangipahoa Tax Rate
1.01%
Average Tangipahoa County Tax Rate
0.87%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tangipahoa, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70444 | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| 70446 | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
| 70454 | 1.01% | 1.01% | 1.01% | 1.02% | 1.03% |
| 70456 | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
| 70465 | 0.51% | 0.51% | 1.01% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Tangipahoa, Louisiana
In Tangipahoa, 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 Tangipahoa, 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 Tangipahoa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Tangipahoa is $379 in the 70456 zip code, while the lowest median tax bill is $141 in the 70465 zip code.
Average Tangipahoa Assessed Value
$16,500
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 Tangipahoa, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70444 | $14,500 | $16,000 | $18,500 | $26,722 | $31,655 |
| 70446 | $57,906 | $62,671 | $70,612 | $78,552 | $83,317 |
| 70454 | $11,700 | $12,750 | $14,500 | $19,250 | $22,100 |
| 70456 | $56,470 | $56,470 | $56,470 | $56,470 | $56,470 |
| 70465 | $10,500 | $12,500 | $16,500 | $26,000 | $56,626 |
Source: Ownwell
Property Tax Bills Across Tangipahoa, Louisiana
Property tax bills in Tangipahoa, LA, are calculated based on the assessed value of a property, which is determined by the Tangipahoa Parish Assessor's Office. The assessed value is typically a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Several factors influence the total tax bill, including property location within different zip codes. For instance, the highest median tax bill in the area is $379 in zip code 70456, while the lowest is $141 in zip code 70465. This variation indicates that neighborhood-specific factors, such as local amenities and school district funding, can significantly impact tax amounts. Homeowners in Tangipahoa experience property tax rates that can vary widely, affecting their annual financial planning. With the national median property tax rate at 0.99%, the local rates in Tangipahoa offer a spectrum of tax obligations, underscoring the importance of understanding how local assessments and rates influence overall tax responsibilities.
Average Tangipahoa Tax Bill
$155
Average Tangipahoa County Tax Bill
$889
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Tangipahoa, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70444 | $75 | $82 | $95 | $137 | $163 |
| 70446 | $302 | $327 | $368 | $409 | $434 |
| 70454 | $120 | $130 | $147 | $195 | $223 |
| 70456 | $379 | $379 | $379 | $379 | $379 |
| 70465 | $65 | $93 | $141 | $228 | $297 |
Source: Ownwell