Louisiana variant. This is a Louisiana-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Louisiana's effective property tax rate of 0.55% means the owner of a median $200,000 home pays roughly $1,100 per year - a figure that varies widely by state.
How Louisiana property tax is calculated
Property tax = assessed value × local millage rate. The 0.55% effective rate shown here is the statewide average of tax paid relative to market value, which smooths over county-by-county differences.
On the $200,000 Louisiana median home, that works out to about $1,100/year or $92/month - often escrowed into your mortgage payment.
About taxes and housing in Louisiana
Louisiana has a graduated income tax with a low top rate and allows a deduction for federal income taxes paid.
Louisiana has low property taxes and a generous homestead exemption, but it has some of the highest auto insurance costs in the nation.
Louisiana's economy is tied to oil and gas, petrochemicals, shipping along the Mississippi River, and a major tourism sector in New Orleans.
Worked example: tax on a $200,000 home
$200,000 × 0.55% = $1,100 per year. A $500,000 home in Louisiana would owe about $2,750 annually at the same effective rate.
Quick reference
- State income tax: 1.85-4.25% across 3 brackets
- State sales tax: 4.45% (plus 5.10% avg local)
- Median home value: $200,000
- Median household income: $57,852
- Effective property tax rate: 0.55%
- Avg auto insurance: $2,864/yr
Frequently Asked Questions
What is the property tax rate in Louisiana?
Louisiana's effective property tax rate averages 0.55% of market value per year.
How much property tax on a $200,000 home in Louisiana?
About $1,100 per year at the 0.55% effective rate.