Saint Maurice, Louisiana Property Taxes
The median property tax rate in Saint Maurice, LA is 0.79%, which is notably lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With the median home value in Saint Maurice, the typical annual property tax bill reaches $67, significantly below the national median of $2,690. Property taxes in Saint Maurice are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Maurice'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 Saint Maurice or another part of Winn County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Maurice, Louisiana Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,820
Ownwell’s Saint Maurice Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Maurice with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Maurice 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 Saint Maurice, Louisiana
Property taxes in Saint Maurice, Louisiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Maurice is 0.52%, significantly lower than both the Louisiana state median of 0.53% and the U.S. national median of 0.99%. Local government entities within Saint Maurice set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Maurice 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 Saint Maurice's effective property tax rate to other counties in Louisiana and the national median. For comparison, the zip code 71371 has the highest median property tax rate of 0.52%, while the same zip code also has the lowest median tax rate of 0.52%. Understanding how these cities compare with Saint Maurice 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 Saint Maurice 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 Saint Maurice, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71471 | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Saint Maurice, Louisiana
In Saint Maurice, 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 local 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 Saint Maurice, 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, homeowners in the 25th percentile may see tax bills around $47, while those in the 75th percentile could expect bills near $90. At the higher end, the 90th percentile tax bills can reach up to $253. 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 Saint Maurice helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Maurice Assessed Value
$8,500
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 Saint Maurice, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71471 | $4,800 | $6,000 | $8,500 | $11,400 | $32,160 |
Source: Ownwell
Property Tax Bills Across Saint Maurice, Louisiana
In Saint Maurice, Winn County, LA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically represents a percentage of the market value of the property. For instance, with a median home price of $8,500, homeowners can expect their tax bills to vary significantly. Factors such as property size, location, and improvements influence the assessed value. The tax rate, applied to this assessed value, ultimately determines the tax bill. In Saint Maurice, tax bills can range from $47 at the 25th percentile to $253 at the 90th percentile, reflecting the diverse property values and conditions within the area. Compared to the national median property tax rate of 0.99%, Saint Maurice offers relatively low property taxes. This can be advantageous for homeowners, allowing them to allocate more of their budget towards other expenses or property improvements, thereby enhancing their overall quality of life.
Average Saint Maurice Tax Bill
$67
Average Winn County Tax Bill
$296
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Maurice, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71471 | $38 | $47 | $67 | $90 | $253 |
Source: Ownwell