71227 Property Tax Rate

Property owners in ZIP code 71227 (Choudrant, Louisiana) pay a median of $1,071/year in property taxes on homes valued at $209,900. This translates to an effective tax rate of 0.51%, which is 13% above the Louisiana state average of 0.45%.

The monthly property tax burden for a median-valued home in 71227 is approximately $89, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln Parish. This is $203 more than the Louisiana average of $868/year.

Compared to similar ZIP codes in Louisiana, 71227 has lower property taxes. ZIP codes with similar effective rates include 70441 (0.51%) and 70775 (0.51%).

In Choudrant, property taxes represent approximately 1.8% of the median household income of $60,810, providing context for the relative tax burden on homeowners in this area.

Louisiana assesses property at fair market value upon sale with no state cap on reassessment — the Lincoln Parish Assessor will determine your tax obligation based on the current market valuation of your purchase. Lincoln Parish grants a $75,000 Homestead Exemption for primary residences — submit your application to the Lincoln Parish Assessor within 30 days of closing to reduce your annual assessed value. Register your homestead exemption with the Lincoln Parish Assessor immediately upon purchase to ensure the $75,000 reduction applies to your first tax bill.