Lafourche County, Louisiana Property Taxes
The median property tax rate in Lafourche County is 0.68%, which is significantly lower than both the national median of 0.99% and the Louisiana state median of 0.91%. With a median home value of $90,200 in Lafourche County, the typical annual property tax bill amounts to $691, considerably less than the national median of $2,690. Property taxes in Lafourche County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Lafourche County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Thibodaux or another part of Lafourche County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lafourche County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$613
$569
Ownwell’s Lafourche Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lafourche with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lafourche to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lafourche County, Louisiana
Property taxes in Lafourche play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lafourche is 0.68%, which is lower than both the Louisiana state median of 0.85% and the U.S. national median of 0.99%. Local government entities within Lafourche set these rates annually, and they can vary significantly between different areas within the county. Each year, Lafourche estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Lafourche's effective property tax rate with other areas in Louisiana and the national median. For comparison, the city of Des Allemands has one of the higher property tax rates in Louisiana at 1.27%, while the city of Golden Meadow boasts one of the lowest at 0.57%. Analyzing how Lafourche's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lafourche County Tax Rate
0.68%
Average Louisiana Tax Rate
0.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lafourche County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bourg | 0.14% | 0.36% | 0.66% | 1.23% | 1.23% |
| Cut Off | 0.14% | 0.32% | 0.68% | 1.33% | 1.34% |
| Des Allemands | 0.29% | 0.58% | 1.27% | 1.27% | 1.27% |
| Galliano | 0.11% | 0.32% | 0.93% | 1.33% | 1.34% |
| Gheens | 0.18% | 0.29% | 0.69% | 1.34% | 1.34% |
| Golden Meadow | 0.21% | 0.21% | 0.57% | 1.27% | 1.33% |
| Gray | 0.28% | 0.57% | 0.77% | 0.91% | 1.35% |
| Houma | 0.22% | 0.51% | 0.85% | 1.35% | 1.35% |
| Larose | 0.12% | 0.32% | 0.63% | 1.23% | 1.34% |
| Lockport | N/A | N/A | N/A | N/A | N/A |
| Mathews | 0.49% | 0.64% | 0.90% | 1.02% | 1.21% |
| Montegut | N/A | N/A | N/A | N/A | N/A |
| Raceland | 0.18% | 0.41% | 0.70% | 1.22% | 1.27% |
| Thibodaux | 0.13% | 0.36% | 0.67% | 0.88% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Lafourche County, Louisiana
In Lafourche, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lafourche Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Lafourche are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Mathews has the highest median tax bill at $1,810, while Golden Meadow has the lowest at $222. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Lafourche will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Lafourche County, Louisiana
Source: Ownwell
$53,500
$112,375
$171,250
Average Lafourche County Assessed Value
$90,200
Average Louisiana Assessed Value
$105,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lafourche County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bourg | $17,480 | $40,400 | $67,800 | $95,800 | $137,400 |
| Cut Off | $24,400 | $53,000 | $78,800 | $115,400 | $177,200 |
| Des Allemands | $20,230 | $38,925 | $64,750 | $107,075 | $155,520 |
| Galliano | $16,320 | $40,350 | $63,600 | $86,700 | $123,640 |
| Gheens | $16,100 | $41,600 | $69,000 | $102,900 | $163,860 |
| Golden Meadow | $15,420 | $34,400 | $53,500 | $83,600 | $181,600 |
| Gray | $38,010 | $79,225 | $137,150 | $192,325 | $227,890 |
| Houma | $15,300 | $40,950 | $75,300 | $150,200 | $215,400 |
| Larose | $25,420 | $51,300 | $77,300 | $112,900 | $166,760 |
| Lockport | N/A | N/A | N/A | N/A | N/A |
| Mathews | $43,850 | $122,075 | $171,250 | $360,675 | $477,100 |
| Montegut | N/A | N/A | N/A | N/A | N/A |
| Raceland | $19,500 | $50,700 | $87,600 | $145,675 | $201,200 |
| Thibodaux | $28,100 | $61,925 | $122,000 | $199,900 | $294,500 |
Source: Ownwell
Property Tax Bills Across Lafourche County, Louisiana
In Lafourche County, LA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value. For instance, with a median home price of $90,200, homeowners can expect varying tax bills depending on their property's assessed value and specific location within the county. The tax bill can significantly fluctuate, with the 25th percentile paying around $223 and the 75th percentile reaching up to $1,379. In some areas like Mathews, the highest median tax bill can go up to $1,810, while in Golden Meadow, it could be as low as $222. These variations can impact homeowners' financial planning and overall cost of living. Compared to the national median property tax rate of 0.99%, Lafourche County's rates may offer some relief or present a higher burden depending on the specific circumstances of the property and its assessed value.
Average Lafourche County Tax Bill
$691
Average Louisiana Tax Bill
$865
Average United States Tax Bill
$2,690
Property Tax Bills Across Lafourche County, Louisiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bourg | $101 | $260 | $529 | $871 | $1,322 |
| Cut Off | $99 | $239 | $587 | $1,145 | $2,101 |
| Des Allemands | $173 | $300 | $604 | $1,056 | $1,409 |
| Galliano | $59 | $174 | $468 | $903 | $1,488 |
| Gheens | $107 | $202 | $516 | $992 | $1,859 |
| Golden Meadow | $61 | $101 | $222 | $726 | $2,425 |
| Gray | $189 | $571 | $1,103 | $1,732 | $2,204 |
| Houma | $101 | $302 | $742 | $1,596 | $2,381 |
| Larose | $91 | $235 | $534 | $1,064 | $1,519 |
| Lockport | N/A | N/A | N/A | N/A | N/A |
| Mathews | $496 | $753 | $1,810 | $3,909 | $4,938 |
| Montegut | N/A | N/A | N/A | N/A | N/A |
| Raceland | $101 | $285 | $718 | $1,267 | $1,961 |
| Thibodaux | $75 | $231 | $826 | $1,562 | $2,517 |
Source: Ownwell