Houma, Lafourche County, Louisiana Property Taxes

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

Median Houma, LA effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Houma, LA home value: $75,300
Median annual Houma, LA tax bill: $742, $1,658 lower than the national median property tax bill of $2,400.

How are property taxes in Lafourche Parish calculated?

Property taxes in Houma, LA 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 Houma’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Houma, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Houma, Lafourche County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$640

$594

Ownwell’s Houma Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Houma with just two data points. By entering your property's estimated assessed value, our calculator applies Houma’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a 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 Lafourche Parish. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Houma, Lafourche County, Louisiana

Local government entities in Houma, located in Lafourche Parish, set property tax rates that can vary significantly within Louisiana. This variation is due to the annual process where each county estimates its required budget to provide essential services. The budget is then divided by the total value of all taxable property within the jurisdiction, resulting in the property tax rate. While setting tax rates and budgets involves votes and regulations, this is essentially how the annual process unfolds.

Houma's effective property tax rate can be compared to other cities in Louisiana, as well as the median property tax rates in the state and across the United States. With a median property tax rate of 0.85%, Houma stands below the national median of 1.02%, offering residents a more favorable tax environment. This rate reflects the city's commitment to maintaining a balanced budget while ensuring the provision of necessary services. For homeowners, this means potentially lower property tax bills compared to the national median, which can be a significant factor when considering property investments in the area.

Property Tax Rates Across Houma, Lafourche County, Louisiana

Source: Ownwell

0.57%

0.92%

1.27%

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 Houma Tax Rate

0.85%

Median Effective Lafourche County Tax Rate

0.68%

Median Effective Louisiana Tax Rate

0.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Houma, Lafourche County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70364	0.22%	0.51%	0.85%	1.35%	1.35%
70360	N/A	N/A	N/A	N/A	N/A
70363	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Houma, Lafourche County, Louisiana

When examining property taxes in Houma, Louisiana, 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 Lafourche Parish Assessor 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.

In Lafourche 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 Houma.

For example, the median home price in Houma is $75,300, with tax bills ranging significantly across the county. Zip code 70364 has the highest median home price at $75,300.

Property Tax Assessment Values Across Houma, Lafourche County, Louisiana

Source: Ownwell

$53,500

$112,375

$171,250

Median Houma Market Value

$75,300

Median Lafourche County Market Value

$90,200

Median Louisiana Market Value

$105,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Houma, Lafourche County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70364	$15,300	$41,000	$75,300	$150,200	$215,400
70360	N/A	N/A	N/A	N/A	N/A
70363	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Houma, Lafourche County, Louisiana

In Houma, property tax bills are calculated based on the assessed value of the property, which is determined by the Lafourche County assessor. The assessed value is a percentage of the property's market value, and the tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the homeowner's tax bill. In Houma, the median property tax bill is $745, which is significantly lower than the national median of $2400. However, tax bills can vary widely, with the 25th percentile at $302 and the 90th percentile reaching $2381. This variability highlights the importance of ensuring your property is assessed accurately. Ownwell can assist homeowners in Houma by reviewing their property assessments and identifying potential discrepancies or opportunities for exemptions. By appealing inaccurate assessments or applying for eligible exemptions, Ownwell helps homeowners reduce their property tax bills, ensuring they only pay what is fair.

Property Tax Bills Across Houma, Lafourche County, Louisiana

Source: Ownwell

$222

$1,016

$1,810

Median Houma Tax Bill

$742

Median Lafourche County Tax Bill

$691

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Houma, Lafourche County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70364	$101	$302	$745	$1,599	$2,381
70360	N/A	N/A	N/A	N/A	N/A
70363	N/A	N/A	N/A	N/A	N/A

Source: Ownwell