Paincourtville, Assumption County, Louisiana Property Taxes

Name: Property Tax Bills Across Paincourtville, Assumption County, Louisiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Paincourtville, LA effective property tax rate: 1.02%, aligning with the national median of 1.02%, but higher than the Louisiana state median of 0.91%.
Median Paincourtville, LA home value: $34,500
Median annual Paincourtville, LA tax bill: $350, $2,050 lower than the national median property tax bill of $2,400.

How are property taxes in Assumption Parish calculated?

Property taxes in Paincourtville, 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 Paincourtville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Paincourtville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Paincourtville, Assumption County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$352

$327

Ownwell’s Paincourtville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Paincourtville with just two data points. By entering your property's estimated assessed value, our calculator applies Paincourtville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Assumption. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Paincourtville, Assumption County, Louisiana

Local government entities in Paincourtville, Assumption Parish, Louisiana, determine property tax rates, and these can differ significantly across the state. Each year, the parish calculates its budget to fund essential services and divides this by the total assessed value of all taxable property within its borders. This process establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the core of the yearly procedure.

Paincourtville's effective property tax rate is an integral part of this process, and it can be compared to other cities within Louisiana. This comparison provides insight into how Paincourtville's rates measure up to the median property tax rates in Louisiana and the national median. With the national median property tax rate at 1.02%, understanding where Paincourtville stands can be crucial for property owners. It helps in evaluating whether their property tax bills align with regional and national standards, offering a perspective on potential savings or additional costs.

Property Tax Rates Across Paincourtville, Assumption County, Louisiana

Source: Ownwell

1.01%

1.09%

1.17%

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 Paincourtville Tax Rate

1.02%

Median Effective Assumption County Tax Rate

1.08%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Paincourtville, Assumption County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70391	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Paincourtville, Assumption County, Louisiana

When examining property taxes in Paincourtville, Louisiana, 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 Assumption Parish Assessor 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.

Assessment notices:

In Assumption Parish, 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 Paincourtville.

For example, the median home price in Paincourtville is $34,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Paincourtville, Assumption County, Louisiana

Source: Ownwell

$73,000

$103,725

$134,450

Median Paincourtville Market Value

$34,500

Median Assumption County Market Value

$88,000

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Paincourtville, Assumption County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70391	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Paincourtville, Assumption County, Louisiana

In Paincourtville, located in Assumption Parish, Louisiana, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. For homeowners in Paincourtville, the median home price is $34,500. Property tax bills can vary significantly, with the 25th percentile paying around $220 and the 75th percentile paying $1,180, while the 90th percentile reaches up to $2,501. Compared to the national median property tax bill of $2,400, Paincourtville's property taxes can be quite favorable for many homeowners. However, for those at the higher end, the tax burden can be substantial. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. With Ownwell's assistance, homeowners can navigate the complexities of property taxation with confidence and ease.

Property Tax Bills Across Paincourtville, Assumption County, Louisiana

Source: Ownwell

$741

$1,053

$1,364

Median Paincourtville Tax Bill

$350

Median Assumption County Tax Bill

$951

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Paincourtville, Assumption County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70391	N/A	N/A	N/A	N/A	N/A

Source: Ownwell