Iberia County, Louisiana Property Taxes

Name: Property Tax Bills Across Iberia County, Louisiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Iberia County effective property tax rate: 0.82%, significantly lower than the national median of 1.02%. Median Iberia County home value: $68,490. Median annual Iberia County tax bill: $580, $1,820 lower than the national median property tax bill of $2,400. How are property taxes in Iberia County calculated? Property taxes in Iberia County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in New Iberia or another part of Iberia County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Iberia County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$562

$521

Ownwell’s Iberia Parish Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Iberia Parish with just two data points. By entering your property's estimated assessed value, our calculator applies Iberia Parish’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your parish — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Iberia Parish. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Iberia County, Louisiana

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

Below, you can compare Iberia Parish's effective property tax rate to other parishes in Louisiana or the U.S. median property tax rate. Iberia Parish has a median property tax rate of 0.82%, which is lower than the national median rate of 1.02%. Within Louisiana, Iberia Parish's rate is higher than Delcambre's lowest rate of 0.78% but lower than Jeanerette's highest rate of 1.05%. This makes Iberia Parish an attractive location for homeowners seeking lower property tax rates compared to national averages. Understanding these rates and how they are determined can empower property owners to make informed decisions about their investments.

Property Tax Rates Across Iberia County, Louisiana

Source: Ownwell

0.78%

0.92%

1.05%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Iberia County Tax Rate

0.82%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Iberia County, Louisiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Avery Island	0.77%	0.82%	0.82%	0.82%	0.82%
Broussard	0.82%	0.82%	0.82%	0.82%	0.82%
Delcambre	0.78%	0.78%	0.78%	0.78%	0.82%
Erath	0.82%	0.82%	0.82%	0.82%	0.82%
Jeanerette	0.77%	0.77%	1.05%	1.05%	1.05%
Loreauville	0.81%	0.81%	0.81%	0.81%	0.81%
Lydia	N/A	N/A	N/A	N/A	N/A
New Iberia	0.77%	0.81%	0.82%	0.90%	0.90%
Saint Martinville	0.81%	0.81%	0.81%	0.81%	0.81%
Youngsville	0.82%	0.82%	0.82%	0.82%	0.82%

Source: Ownwell

Property Tax Assessment Values Across Iberia County, Louisiana

When examining property taxes in Iberia County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Iberia County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Iberia County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Iberia County. For example, the median tax bill in Iberia County is $684.90, with tax bills ranging significantly across the county. Avery Island has the highest median home price at $275,385.

Property Tax Assessment Values Across Iberia County, Louisiana

Source: Ownwell

$46,110

$160,748

$275,385

Median Iberia County Market Value

$68,490

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Iberia County, Louisiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Avery Island	$129,045	$144,600	$275,385	$392,768	$581,757
Broussard	$3,991	$14,732	$86,105	$161,490	$203,336
Delcambre	$10,985	$28,168	$53,405	$86,835	$148,216
Erath	$57,914	$91,480	$126,840	$186,785	$244,150
Jeanerette	$7,300	$25,675	$46,110	$78,020	$143,940
Loreauville	$10,978	$35,060	$61,820	$109,255	$160,158
Lydia	N/A	N/A	N/A	N/A	N/A
New Iberia	$12,410	$31,200	$74,110	$138,590	$216,520
Saint Martinville	$24,560	$47,905	$76,210	$128,445	$199,035
Youngsville	$12,708	$25,540	$47,250	$120,230	$182,468

Source: Ownwell

Property Tax Bills Across Iberia County, Louisiana

In Iberia County, LA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value. For homeowners, this means that fluctuations in the housing market can directly impact their tax bills. In Iberia County, the median home price is $68,490, and tax bills can vary significantly. For instance, the 25th percentile tax bill is $261, while the 75th percentile reaches $1,101, and the 90th percentile climbs to $1,715. This variation illustrates how different factors, such as location and property value, influence the amount owed. Homeowners in Avery Island face the highest median tax bill at $2,267, which is close to the national median property tax bill of $2,400. In contrast, those in Youngsville enjoy lower tax bills, with a median of $389. Understanding these factors is crucial for homeowners, as property taxes represent a significant annual expense that can affect overall financial planning.

Property Tax Bills Across Iberia County, Louisiana

Source: Ownwell

$389

$1,328

$2,267

Median Iberia County Tax Bill

$580

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Iberia County, Louisiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Avery Island	$1,003	$1,190	$2,267	$3,233	$4,756
Broussard	$33	$121	$709	$1,329	$1,674
Delcambre	$86	$223	$418	$680	$1,168
Erath	$477	$753	$1,044	$1,509	$2,010
Jeanerette	$72	$242	$442	$731	$1,221
Loreauville	$89	$283	$499	$882	$1,294
Lydia	N/A	N/A	N/A	N/A	N/A
New Iberia	$104	$266	$620	$1,166	$1,804
Saint Martinville	$200	$390	$620	$1,045	$1,620
Youngsville	$105	$210	$389	$990	$1,464

Source: Ownwell