Goldonna, Winn County, Louisiana Property Taxes
The median property tax rate in Goldonna, 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 Goldonna at $38,510, the typical annual property tax bill is $307, significantly below the national median of $2,690. Property taxes in Goldonna are calculated based on the assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Goldonna’s property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you reside in Goldonna or another part of Winn County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Goldonna, Winn County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$304
$282
Ownwell’s Goldonna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Goldonna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Goldonna 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 Goldonna, Winn County, Louisiana
Property taxes in Goldonna, Louisiana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Goldonna is 0.79%, which is lower than both the Louisiana state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Goldonna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Goldonna 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 Goldonna's effective property tax rate to other counties in Louisiana and the national median. For comparison, the 71031 zip code has the highest median property tax rate of 0.79%, while the same 71031 zip code has the lowest median tax rate of 0.79%. Understanding how these cities compare with Goldonna 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 Goldonna 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 Goldonna, Winn County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71031 | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Goldonna, Winn County, Louisiana
In Goldonna, 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 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. 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 Goldonna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 71031, with a bill of $307.
Property Tax Assessment Values Across Goldonna, Winn County, Louisiana
Source: Ownwell
$21,190
$43,655
$66,120
Average Goldonna Assessed Value
$38,510
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 Goldonna, Winn County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71031 | $6,950 | $12,000 | $38,510 | $71,812 | $88,142 |
Source: Ownwell
Property Tax Bills Across Goldonna, Winn County, Louisiana
In Goldonna, located in Winn County, LA, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. The median home price in Goldonna is $38,510, which is significantly lower than the national median. Homeowners in this area can expect their property tax bills to vary widely. For instance, the tax bill at the 25th percentile is $93, while at the 75th percentile, it rises to $562. At the 90th percentile, it can reach as high as $696. The local tax rate is applied to the assessed value of the property, which can fluctuate based on market conditions and property improvements. Property taxes in Goldonna are relatively low compared to the national median property tax rate of 0.99%. This lower tax burden can make homeownership more affordable, but it also means fewer resources for local public services funded by property taxes. Homeowners should be aware of these factors when budgeting for annual property expenses.
Average Goldonna Tax Bill
$307
Average Winn County Tax Bill
$296
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Goldonna, Winn County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71031 | $52 | $93 | $307 | $562 | $696 |
Source: Ownwell