71263 Property Tax Rate

Property owners in ZIP code 71263 (Oak Grove, Louisiana) pay a median of $199/year in property taxes on homes valued at $94,000. This translates to an effective tax rate of 0.21%, which is 53% below the Louisiana state average of 0.45%.

The monthly property tax burden for a median-valued home in 71263 is approximately $17, which factors into escrow payments on mortgages. This ZIP code is located within West Carroll Parish. This is $669 less than the Louisiana average of $868/year.

Compared to similar ZIP codes in Louisiana, 71263 has higher property taxes. ZIP codes with similar effective rates include 70524 (0.21%) and 70748 (0.21%).

In Oak Grove, property taxes represent approximately 0.4% of the median household income of $44,965, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 71263, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult West Carroll Parish's tax assessor directly.