Thibodaux, Lafourche County, Louisiana Property Taxes

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

Median Thibodaux, LA effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Thibodaux, LA home value: $122,000
Median annual Thibodaux, LA tax bill: $826, $1,574 lower than the national median property tax bill of $2,400.

How are property taxes in Lafourche calculated?

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

Last Updated March 1, 2025

Thibodaux, Lafourche County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$817

$759

Ownwell’s Thibodaux Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Thibodaux with just two data points. By entering your property's estimated assessed value, our calculator applies Thibodaux’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 Thibodaux, Lafourche County, Louisiana

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide 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, in a nutshell, this is the annual process.

In Thibodaux, located in Lafourche County, the effective property tax rate is 0.67%. This rate is consistent with the median property tax rate in Louisiana, showcasing a balance in the local tax structure. Compared to the national median property tax rate of 1.02%, Thibodaux offers a more affordable tax environment for property owners. This lower rate can be particularly appealing for homeowners looking to minimize their annual tax expenses. By understanding the local tax landscape, property owners in Thibodaux can better navigate their financial responsibilities and potentially save on property taxes.

Property Tax Rates Across Thibodaux, 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 Thibodaux Tax Rate

0.67%

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 Thibodaux, Lafourche County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70301	0.13%	0.36%	0.67%	0.88%	1.11%
70394	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Thibodaux, Lafourche County, Louisiana

When examining property taxes in Thibodaux, LA, 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 County Appraisal District 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 March. 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 Thibodaux.

For example, the median home price in Thibodaux is $122,000, with tax bills ranging significantly across the county. Zip code 70301 has the highest median home price at $122,000.

Property Tax Assessment Values Across Thibodaux, Lafourche County, Louisiana

Source: Ownwell

$53,500

$112,375

$171,250

Median Thibodaux Market Value

$122,000

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 Thibodaux, Lafourche County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70301	$28,120	$62,000	$122,000	$199,900	$294,500
70394	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Thibodaux, Lafourche County, Louisiana

In Thibodaux, Lafourche County, LA, property tax bills are determined by 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 to calculate the tax bill. Factors such as location, property size, and market conditions affect the assessed value, directly impacting the homeowner's tax obligations. With a median home price of $122,000, residents often find their tax bills vary significantly, ranging from the 25th percentile at $231 to the 90th percentile reaching $2,517. Notably, the median tax bill in the area is $827, which is considerably lower than the national median of $2,400. This disparity highlights the potential for savings through effective property tax management. Ownwell assists homeowners by identifying opportunities for appeals and exemptions, potentially reducing their tax burden. By leveraging expert knowledge and local insights, Ownwell ensures homeowners in Thibodaux can achieve fair tax assessments and enjoy significant savings on their property tax bills.

Property Tax Bills Across Thibodaux, Lafourche County, Louisiana

Source: Ownwell

$222

$1,016

$1,810

Median Thibodaux Tax Bill

$826

Median Lafourche County Tax Bill

$691

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Thibodaux, Lafourche County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70301	$75	$232	$827	$1,562	$2,517
70394	N/A	N/A	N/A	N/A	N/A

Source: Ownwell