Atlanta, Louisiana Property Taxes
The median property tax rate in Atlanta, LA is 0.79%, 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 Atlanta, the typical annual property tax bill is $360, significantly below the national median of $2,690. Property taxes in Atlanta are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Atlanta'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 Atlanta 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
Atlanta, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$356
$330
Ownwell’s Atlanta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atlanta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atlanta 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 Atlanta, Louisiana
Property taxes in Atlanta, LA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atlanta is 0.35%, significantly lower than both the Louisiana state median of 0.55% and the U.S. national median of 0.99%. Local government entities within Atlanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atlanta 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 Atlanta's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71040 zip code has the highest median property tax rate of 0.35%, while the 71040 zip code has the lowest median tax rate of 0.35%. Understanding how these cities compare with Atlanta provides valuable insights into the varying tax landscape across Winn Parish, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atlanta Tax Rate
0.79%
Average Winn County Tax Rate
0.79%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atlanta, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71404 | 0.79% | 0.79% | 0.79% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Atlanta, Louisiana
In Atlanta, 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 Winn County Appraisal District 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 Atlanta, 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. For instance, in the zip code 71404, the median tax bill is $360. 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 Atlanta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Atlanta Assessed Value
$45,000
Average Winn County Assessed Value
$36,260
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atlanta, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71404 | $9,118 | $22,032 | $45,000 | $71,815 | $105,431 |
Source: Ownwell
Property Tax Bills Across Atlanta, Louisiana
In Atlanta, property tax bills are calculated based on the assessed value of a home and the local tax rate set by the county. The assessed value is determined by the county assessor, who evaluates the market value of the property and then applies an assessment ratio. For instance, if a home's market value is $45,000, the assessed value might be a percentage of that amount. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the tax bill, including property improvements, neighborhood changes, and overall market trends. In Winn County, the median property tax bill is $360, which is significantly lower than the national median property tax rate of 0.99%. Homeowners in this area benefit from relatively low property taxes, with the 25th percentile tax bill at $175 and the 90th percentile reaching up to $830. These rates can impact homeowners' financial planning and affordability, making it crucial to understand how property taxes are calculated and what factors can affect them.
Average Atlanta Tax Bill
$360
Average Winn County Tax Bill
$296
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Atlanta, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71404 | $76 | $175 | $360 | $578 | $830 |
Source: Ownwell