71423 Property Tax Rate

Property owners in ZIP code 71423 (Dry Prong, Louisiana) pay a median of $747/year in property taxes on homes valued at $123,700. This translates to an effective tax rate of 0.60%, which is 34% above the Louisiana state average of 0.45%.

The monthly property tax burden for a median-valued home in 71423 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Grant Parish.

Compared to similar ZIP codes in Louisiana, 71423 has lower property taxes. ZIP codes with similar effective rates include 70512 (0.60%) and 70445 (0.61%).

In Dry Prong, property taxes represent approximately 1.2% of the median household income of $62,819, providing context for the relative tax burden on homeowners in this area.

Grant Parish does not require reassessment upon sale under Louisiana law — your assessment will carry forward at the prior owner's value unless the assessor schedules a general revaluation. Homeowners filing for a $75,000 Homestead Exemption on assessed value will see immediate tax relief; submit your application to the Grant Parish Assessor before December 31. Contact the Grant Parish Assessor at (318) 627-3570 after closing to file your Homestead Exemption and confirm your property's assessed value.