Rayne, Vermilion County, Louisiana Property Taxes

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

Median Rayne, LA effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Rayne, LA home value: $90,173
Median annual Rayne, LA tax bill: $568, $1,832 lower than the national median property tax bill of $2,400.

How are property taxes in Vermilion Parish calculated?

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

Last Updated March 1, 2025

Rayne, Vermilion County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.52%

Estimate Property Tax Bill

$469

$435

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

Property Tax Rates Across Rayne, Vermilion County, Louisiana

Local government entities set tax rates, which can differ significantly within a state. This variation is due to each county's annual process of estimating its budgetary needs for services and dividing that 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 determining tax rates and budgets, this is essentially the yearly procedure.

Rayne in Vermilion County, Louisiana, offers an interesting case study for property tax rates. With an effective property tax rate of 0.52%, it is notably lower than the national median property tax rate of 1.02%. This makes Rayne an attractive location for property owners seeking lower tax burdens. In comparison to other cities within Louisiana, Rayne's property tax rate is consistent, showcasing the uniformity in tax rates across the state. This lower rate may be appealing for potential homeowners and investors looking for affordable property tax options. The contrast with the national median highlights the potential savings for property owners in Rayne, making it a compelling option for those evaluating property tax implications.

Property Tax Rates Across Rayne, Vermilion County, Louisiana

Source: Ownwell

0.44%

0.52%

0.59%

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 Rayne Tax Rate

0.52%

Median Effective Vermilion County Tax Rate

0.50%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rayne, Vermilion County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70578	0.15%	0.28%	0.52%	0.80%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Rayne, Vermilion County, Louisiana

When examining property taxes in Rayne, 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 Vermilion 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. In Vermilion 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 Rayne. For example, the median home price in Rayne is $90,173, with tax bills ranging significantly across the county. Zip code 70578 has the highest median home price at $90,173.

Property Tax Assessment Values Across Rayne, Vermilion County, Louisiana

Source: Ownwell

$61,097

$98,193

$135,288

Median Rayne Market Value

$90,173

Median Vermilion County Market Value

$71,190

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rayne, Vermilion County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70578	$27,260	$51,178	$90,173	$138,691	$214,976

Source: Ownwell

Property Tax Bills Across Rayne, Vermilion County, Louisiana

In Rayne, located in Vermilion County, LA, property tax bills are determined by the assessed value of a property, which is a percentage of the property's market value. The tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property type, location, and any applicable exemptions can influence the assessed value. For homeowners in Rayne, the median property tax bill is significantly lower than the national median of $2,400, with a median tax bill of $568. However, tax bills can vary widely, ranging from the 25th percentile at $243 to the 90th percentile at $1,679. These variations can impact homeowners' budgets and financial planning.

Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax bills. By ensuring that properties are assessed fairly and that homeowners receive all eligible exemptions, Ownwell helps clients save money and reduce their financial burden. This can lead to significant savings, allowing homeowners to allocate funds to other essential areas.

Property Tax Bills Across Rayne, Vermilion County, Louisiana

Source: Ownwell

$272

$604

$936

Median Rayne Tax Bill

$568

Median Vermilion County Tax Bill

$330

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Rayne, Vermilion County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70578	$101	$243	$568	$1,063	$1,679

Source: Ownwell