New Llano, Vernon County, Louisiana Property Taxes
Median New Llano, LA effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median New Llano, LA home value: $57,200
Median annual New Llano, LA tax bill: $688, $1,712 lower than the national median property tax bill of $2,400.
How are property taxes in Vernon Parish calculated?
Property taxes in New Llano, 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 New Llano’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Llano, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Llano, Vernon County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.2%
Estimate Property Tax Bill
$686
$637
Property Tax Rates Across New Llano, Vernon County, Louisiana
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to each county estimating its required budget annually to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Votes and laws play a role in setting these rates and budgets, but this is essentially the process each year.
In New Llano, located in Vernon Parish, the effective property tax rate stands out when compared to other cities within Louisiana. The median property tax rate in Louisiana differs from the national median, which is 1.02%. New Llano’s rate is reflective of the broader trends within the state, providing a unique perspective on how local tax rates align with national averages. Understanding these differences can be crucial for property owners seeking to manage their tax liabilities effectively. By comparing New Llano’s property tax rate to state and national figures, residents can gain valuable insights into their property tax obligations.
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 New Llano Tax Rate
1.20%
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 Vernon County Tax Rate
1.19%
Median Effective Louisiana Tax Rate
0.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Llano, Vernon County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71461 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across New Llano, Vernon County, Louisiana
When examining property taxes in New Llano, LA, 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 Vernon County appraisal district 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 Vernon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 New Llano. For example, the median home price in New Llano is $57,200, with tax bills ranging significantly across the county. Zip code 71461 has the highest median home price at $57,200.
Property Tax Assessment Values Across New Llano, Vernon County, Louisiana
Source: Ownwell
$30,800
$59,425
$88,050
Median New Llano Market Value
$57,200
Median Vernon County Market Value
$52,900
Median Louisiana Market Value
$105,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Llano, Vernon County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71461 | $35,000 | $37,000 | $57,200 | $81,050 | $136,570 |
Source: Ownwell
Property Tax Bills Across New Llano, Vernon County, Louisiana
Median New Llano Tax Bill
$688
Median Vernon County Tax Bill
$626
Median Louisiana Tax Bill
$865
Median United States Tax Bill
$2,400
Property Tax Bills Across New Llano, Vernon County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71461 | $422 | $446 | $688 | $971 | $1,619 |
Source: Ownwell