Ferriday, Concordia County, Louisiana Property Taxes

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

Median Ferriday, LA effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Ferriday, LA home value: $36,100
Median annual Ferriday, LA tax bill: $413, $1,987 lower than the national median property tax bill of $2,400.

How are property taxes in Concordia calculated?

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

Last Updated March 1, 2025

Ferriday, Concordia County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$379

$352

Ownwell’s Ferriday Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ferriday with just two data points. By entering your property's estimated assessed value, our calculator applies Ferriday’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 Concordia. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Ferriday, Concordia County, Louisiana

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Ferriday’s effective property tax rate to other cities in Louisiana and the median property tax rates in Louisiana and the U.S. In Ferriday, located in Concordia Parish, the effective property tax rate is 1.05%. This rate aligns with the highest and lowest median rates in the area, both recorded at 1.05% in the zip code 71334. When compared to the national median property tax rate of 1.02%, Ferriday’s rate is slightly higher. The national median property tax bill is $2,400, which provides a useful benchmark for understanding how local taxes measure up. Understanding these figures helps property owners make informed decisions about tax appeals and exemptions.

Property Tax Rates Across Ferriday, Concordia County, Louisiana

Source: Ownwell

1.02%

1.07%

1.11%

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 Ferriday Tax Rate

1.05%

Median Effective Concordia County Tax Rate

1.05%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ferriday, Concordia County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71334	1.05%	1.05%	1.05%	1.25%	1.25%

Source: Ownwell

Property Tax Assessment Values Across Ferriday, Concordia County, Louisiana

When examining property taxes in Ferriday, 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 Concordia 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 Concordia 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 Ferriday.

For example, the median home price in Ferriday is $36,100, with tax bills ranging significantly across the county. Zip code 71334 has the highest median home price at $36,100.

Property Tax Assessment Values Across Ferriday, Concordia County, Louisiana

Source: Ownwell

$19,140

$38,645

$58,150

Median Ferriday Market Value

$36,100

Median Concordia County Market Value

$41,300

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ferriday, Concordia County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71334	$7,800	$15,000	$36,100	$88,800	$211,668

Source: Ownwell

Property Tax Bills Across Ferriday, Concordia County, Louisiana

In Ferriday, located in Concordia County, Louisiana, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Ferriday face a median property tax bill of $413, significantly lower than the national median of $2,400. However, this can still impact household budgets, especially for those with fixed incomes. The range of tax bills in Ferriday varies, with the 25th percentile at $174 and the 90th percentile reaching $2,273, indicating a wide disparity depending on property specifics. Ownwell assists homeowners by identifying potential errors in assessments and exploring applicable exemptions, ensuring they pay only their fair share. By leveraging expert knowledge and local insights, Ownwell can help homeowners in Ferriday potentially reduce their property tax burdens, offering peace of mind and financial relief.

Property Tax Bills Across Ferriday, Concordia County, Louisiana

Source: Ownwell

$198

$409

$619

Median Ferriday Tax Bill

$413

Median Concordia County Tax Bill

$467

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Ferriday, Concordia County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71334	$86	$174	$413	$1,034	$2,273

Source: Ownwell