Louisiana

Louisiana has an effective property tax rate of 0.51%, with a median annual property tax of $1,146. Properties are assessed at 10.0% of market value and reassessed every 4 years (next general reassessment due in 2024 for tax year 2025). Payments are due annual.

Effective Rate

0.51%

Assessment Ratio

10.0%

Median Annual Tax

$1,146

Payment Frequency

Annual

Appeal Deadline

Within 15 days after notice of assessment (typically August-September) to local Board of Review; then to Louisiana Tax Commission by October 15

Due Dates

Due December 31; delinquent after January 1. Some parishes allow installments.

Reassessment Cycle

Every 4 years (next general reassessment due in 2024 for tax year 2025)

Homestead Exception

First $75,000 of fair market value ($7,500 assessed value at 10% ratio) exempt for owner-occupied residence. Special assessment level freeze for 65+ with income under $100,000.

Key Notes

Assessment ratio is 10% for residential; 15% for commercial. Homestead exemption is one of the most generous in the nation relative to home values. Constitution sets maximum millage rates.

Late Penalty

1% per month interest on delinquent taxes plus potential collection fees; property advertised for sale after 2 years

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