Addis, Louisiana Property Taxes
The median property tax rate in Addis, LA is 0.67%, significantly lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Addis, the typical annual property tax bill reaches $1,324, which is well below the national median of $2,690. Property taxes in Addis 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 Addis'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 Addis 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
Addis, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$1,295
$1,202
Ownwell’s Addis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Addis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Addis 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 Addis, Louisiana
Property taxes in Addis, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Addis is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Addis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Addis 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 Addis's effective property tax rate to other counties in Louisiana and the national median. For comparison, the zip code 70710 has both the highest and lowest median property tax rate of 0.67%. Understanding how these cities compare with Addis provides valuable insights into the varying tax landscape across West Baton Rouge Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Addis Tax Rate
0.67%
Average West Baton Rouge County Tax Rate
0.67%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Addis, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70710 | 0.39% | 0.59% | 0.67% | 0.73% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Addis, Louisiana
In Addis, 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 West Baton Rouge 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 Addis, 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 Addis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Addis are both $1,324, specifically in the 70710 zip code.
Average Addis Assessed Value
$193,300
Average West Baton Rouge County Assessed Value
$166,300
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Addis, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70710 | $106,700 | $163,050 | $193,300 | $225,900 | $254,500 |
Source: Ownwell
Property Tax Bills Across Addis, Louisiana
In Addis, located in West Baton Rouge County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the market value of the property, which in Addis has a median home price of $193,300. The property tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can affect the assessed value, and consequently, the tax bill. Homeowners in Addis experience varying tax bills. For instance, the tax bill at the 25th percentile is $970, while at the 75th percentile, it rises to $1649. The 90th percentile sees tax bills reaching up to $2060. Understanding these factors and how they influence property tax bills can help homeowners in Addis better anticipate their annual expenses and budget accordingly. Compared to the national median property tax rate of 0.99%, the tax rates in Addis reflect the unique economic and market conditions of the region.
Average Addis Tax Bill
$1,324
Average West Baton Rouge County Tax Bill
$1,089
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Addis, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70710 | $473 | $970 | $1,324 | $1,649 | $2,060 |
Source: Ownwell