Bastrop, Morehouse County, Louisiana Property Taxes
Median Bastrop, LA effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Bastrop, LA home value: $46,475
Median annual Bastrop, LA tax bill: $592, $1,808 lower than the national median property tax bill of $2,400.
How are property taxes in Morehouse calculated?
Property taxes in Bastrop, 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 Bastrop’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bastrop, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bastrop, Morehouse County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$637
$591
Property Tax Rates Across Bastrop, Morehouse County, Louisiana
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budget requirements for providing services and divides that amount by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the basic annual procedure.
In Bastrop, located in Morehouse County, Louisiana, the effective property tax rate is worth noting. When compared to other cities in Louisiana and the national median, Bastrop's rate offers a unique perspective on property taxation within the state. Louisiana's median property tax rate stands at 1.37%, which is higher than the national median of 1.02%. This comparison highlights the variability of property tax rates across different regions and underscores the importance of understanding local tax obligations. By being informed about these rates, property owners in Bastrop can better navigate their financial responsibilities and potentially identify opportunities for appealing or reducing their tax burden.
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 Bastrop Tax Rate
1.37%
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 Morehouse County Tax Rate
1.19%
Median Effective Louisiana Tax Rate
0.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bastrop, Morehouse County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71220 | 0.96% | 1.04% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Bastrop, Morehouse County, Louisiana
When examining property taxes in Bastrop, 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 Morehouse County 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.
In Morehouse County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Bastrop.
For example, the median home price in Bastrop is $46,475, with tax bills ranging significantly across the county. Zip code 71220 has the highest median home price at $46,475.
Property Tax Assessment Values Across Bastrop, Morehouse County, Louisiana
Source: Ownwell
$23,038
$106,352
$189,666
Median Bastrop Market Value
$46,475
Median Morehouse County Market Value
$47,417
Median Louisiana Market Value
$105,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bastrop, Morehouse County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71220 | $8,249 | $19,104 | $46,475 | $90,585 | $147,117 |
Source: Ownwell
Property Tax Bills Across Bastrop, Morehouse County, Louisiana
Median Bastrop Tax Bill
$592
Median Morehouse County Tax Bill
$587
Median Louisiana Tax Bill
$865
Median United States Tax Bill
$2,400
Property Tax Bills Across Bastrop, Morehouse County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71220 | $122 | $278 | $592 | $1,005 | $1,584 |
Source: Ownwell