Braithwaite, Plaquemines County, Louisiana Property Taxes
Median Braithwaite, LA effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Braithwaite, LA home value: $56,440
Median annual Braithwaite, LA tax bill: $398, $2,002 lower than the national median property tax bill of $2,400.
How are property taxes in Plaquemines Parish calculated?
Property taxes in Braithwaite, 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 Braithwaite’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Braithwaite, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Braithwaite, Plaquemines County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$395
$367
Property Tax Rates Across Braithwaite, Plaquemines County, Louisiana
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 Braithwaite Tax Rate
0.70%
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 Plaquemines County Tax Rate
0.70%
Median Effective Louisiana Tax Rate
0.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Braithwaite, Plaquemines County, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70040 | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Braithwaite, Plaquemines County, Louisiana
When examining property taxes in Braithwaite, 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 Plaquemines 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 Plaquemines County 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 Braithwaite. For example, the median home price in Braithwaite is $56,440, with tax bills ranging significantly across the county. Zip code 70040 has the highest median home price at $56,440.
Property Tax Assessment Values Across Braithwaite, Plaquemines County, Louisiana
Source: Ownwell
$32,980
$118,870
$204,760
Median Braithwaite Market Value
$56,440
Median Plaquemines County Market Value
$121,860
Median Louisiana Market Value
$105,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Braithwaite, Plaquemines County, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70040 | $17,073 | $32,180 | $56,440 | $110,998 | $177,123 |
Source: Ownwell
Property Tax Bills Across Braithwaite, Plaquemines County, Louisiana
In Braithwaite, located in Plaquemines County, Louisiana, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in this area pay a median property tax bill of $398, significantly lower than the national median of $2,400. The tax rate applied to the assessed value determines the final tax bill. Factors such as market fluctuations and local government budgets can influence these rates, impacting homeowners' annual expenses. For instance, the tax bill for homeowners can range from the 25th percentile at $227 to the 90th percentile at $1,252, reflecting the variability in property values and tax rates.
Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burdens. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help homeowners achieve fairer tax bills. This service not only ensures that homeowners are not overpaying but also aids in managing financial planning more effectively.
Median Braithwaite Tax Bill
$398
Median Plaquemines County Tax Bill
$859
Median Louisiana Tax Bill
$865
Median United States Tax Bill
$2,400
Property Tax Bills Across Braithwaite, Plaquemines County, Louisiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
70040 | $120 | $227 | $398 | $782 | $1,252 |
Source: Ownwell