71078 Property Tax Rate

Property owners in ZIP code 71078 (Stonewall, Louisiana) pay a median of $1,372/year in property taxes on homes valued at $259,500. This translates to an effective tax rate of 0.53%, which is 17% above the Louisiana state average of 0.45%.

The monthly property tax burden for a median-valued home in 71078 is approximately $114, which factors into escrow payments on mortgages. This ZIP code is located within De Soto Parish. This is $504 more than the Louisiana average of $868/year.

Compared to similar ZIP codes in Louisiana, 71078 has lower property taxes. ZIP codes with similar effective rates include 71021 (0.53%) and 70006 (0.53%).

In Stonewall, property taxes represent approximately 1.6% of the median household income of $83,352, providing context for the relative tax burden on homeowners in this area.

Louisiana requires fair market value assessment at sale with no statewide reassessment cap — the De Soto Parish Assessor will establish your tax basis based on the purchase price. De Soto Parish provides a $75,000 Homestead Exemption for owner-occupied primary residences — file your application with the De Soto Parish Assessor within 30 days of closing. Apply for your homestead exemption with the De Soto Parish Assessor immediately upon purchase to secure the $75,000 reduction in assessed value for your property taxes.