Downsville, Union County, Louisiana Property Taxes
Median Downsville, LA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Downsville, LA home value: $108,502
Median annual Downsville, LA tax bill: $297, $2,103 lower than the national median property tax bill of $2,400.
How are property taxes in Union calculated?
Property taxes in Downsville, LA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Downsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Downsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Downsville, Union County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$673
$624
Property Tax Rates Across Downsville, Union County, Louisiana
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process, although influenced by votes and laws, essentially determines the annual tax rate.
In Downsville, located in Union County, Louisiana, the property tax rate reflects this calculation. When comparing Downsville’s effective property tax rate to other cities in Louisiana, it’s evident that the rates can differ widely. The median property tax rate in Louisiana is 0.62%, which is lower than the national median property tax rate of 1.02%. This means that property owners in Downsville generally experience lower tax rates compared to the national average. Understanding these rates can help property owners make informed decisions about property investments and financial planning. While the rates are influenced by local budgetary needs, they also play a crucial role in maintaining the quality of community services and infrastructure.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Downsville Tax Rate
0.62%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Union County Tax Rate
0.25%
Median Effective Louisiana Tax Rate
0.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Downsville, Union County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71234 | 0.16% | 0.16% | 0.62% | 0.67% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Downsville, Union County, Louisiana
When examining property taxes in Downsville, LA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Union County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Union County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Downsville.
For example, the median home price in Downsville is $108,502, with tax bills ranging significantly across the county. Zip code 71234 has the highest median home price at $108,502.
Property Tax Assessment Values Across Downsville, Union County, Louisiana
Source: Ownwell
$35,525
$72,014
$108,502
Median Downsville Market Value
$108,502
Median Union County Market Value
$70,411
Median Louisiana Market Value
$105,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Downsville, Union County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71234 | $18,200 | $46,125 | $108,502 | $183,848 | $262,907 |
Source: Ownwell
Property Tax Bills Across Downsville, Union County, Louisiana
Median Downsville Tax Bill
$297
Median Union County Tax Bill
$181
Median Louisiana Tax Bill
$865
Median United States Tax Bill
$2,400
Property Tax Bills Across Downsville, Union County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71234 | $45 | $121 | $297 | $824 | $1,421 |
Source: Ownwell