Property Taxes in Louisiana
Louisiana's effective property tax rate is 0.55%, ranking #13 out of 50 states (1 = lowest). The median annual property tax paid is $983.
Louisiana has one of the lowest effective property tax rates in the nation, with most residential property assessed at just 10% of fair market value. The state's homestead exemption is exceptionally generous — exempting the first $75,000 of a home's assessed value from parish (county) taxes. For many homeowners in affordable areas, this exemption can eliminate parish property taxes entirely. Louisiana also offers a special assessment freeze for homeowners 65 and older who meet income requirements.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.55%
Median Annual Tax
$983
National Rank
#13 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,100 | $92 |
| $300,000 | $1,650 | $138 |
| $400,000 | $2,200 | $183 |
| $500,000 | $2,750 | $229 |
| $750,000 | $4,125 | $344 |
* Based on the average effective rate of 0.55%. Actual rates vary by county and municipality.
Homestead Exemption in Louisiana
Up to $35,000 (land value) + unlimited improvements
File for the homestead exemption after purchasing your primary residence in Louisiana to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Louisiana Compares
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