Tensas County Property Taxes
The median property tax rate in Tensas County is 1.24%, which is significantly higher than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Tensas County, the typical annual property tax bill reaches $271, which is notably lower than the national median of $2,690. Property taxes in Tensas County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Tensas County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in St. Joseph or another part of Tensas County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tensas County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$409
Ownwell’s Tensas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tensas with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Tensas to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Tensas County, Louisiana
Property taxes in Tensas play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Tensas is 1.24%, which is higher than the U.S. national median of 0.99%. Local government entities within Tensas set these rates annually, and they can vary significantly between different areas within the county. Each year, Tensas estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Tensas's effective property tax rate with other regions and the national median. For comparison, the city of Waterproof has one of the higher property tax rates in the region at 1.32%, while the city of Tallulah boasts one of the lowest at 1.23%. Analyzing how Tensas's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Tensas County Tax Rate
1.24%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tensas County, Louisiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clayton | N/A | N/A | N/A | N/A | N/A |
Ferriday | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
Newellton | 0.25% | 0.87% | 1.23% | 1.48% | 1.48% |
Saint Joseph | N/A | N/A | N/A | N/A | N/A |
Tallulah | 1.20% | 1.21% | 1.23% | 1.24% | 1.26% |
Waterproof | 0.27% | 0.38% | 1.32% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Tensas County, Louisiana
In Tensas, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Tensas Appraisal District. The assessed value, however, 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. Assessment notices in Tensas are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, residents in Newellton face the highest median tax bill at $245, while those in Ferriday experience the lowest at $155. Being aware of these valuation processes in Tensas will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Tensas County Assessed Value
$33,000
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tensas County, Louisiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clayton | N/A | N/A | N/A | N/A | N/A |
Ferriday | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
Newellton | $8,000 | $14,000 | $33,000 | $68,000 | $207,805 |
Saint Joseph | N/A | N/A | N/A | N/A | N/A |
Tallulah | $7,000 | $9,750 | $17,030 | $124,575 | $511,962 |
Waterproof | $7,000 | $11,000 | $20,300 | $41,000 | $76,108 |
Source: Ownwell
Property Tax Bills Across Tensas County, Louisiana
In Tensas County, LA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the final tax amount, including property location, home size, and any applicable exemptions or deductions. For homeowners in Tensas County, property tax bills can vary significantly. The median home price stands at $33,000, with tax bills ranging from the 25th percentile at $103 to the 90th percentile at $3,419. The highest median tax bill is found in Newellton at $245, while Ferriday has the lowest at $155. These figures highlight the disparity in tax burdens across different areas within the county. Compared to the national median property tax rate of 0.99%, Tensas County's rates can be relatively moderate, but the impact on homeowners can still be substantial depending on their property's assessed value and location.
Average Tensas County Tax Bill
$271
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Tensas County, Louisiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clayton | N/A | N/A | N/A | N/A | N/A |
Ferriday | $155 | $155 | $155 | $155 | $155 |
Newellton | $66 | $115 | $245 | $658 | $2,780 |
Saint Joseph | N/A | N/A | N/A | N/A | N/A |
Tallulah | $86 | $110 | $182 | $1,545 | $7,212 |
Waterproof | $47 | $94 | $179 | $350 | $732 |
Source: Ownwell