Get La Lat11 2023-2024

For more accurate rates, use the sales tax calculator. The Louisiana (LA) state sales tax rate is currently 4.45%. Depending on local municipalities, the total tax rate can be as high as 11.45%.

The rate used in determining assessed value differs depending on the type of property. The following types of property are assessed based on fair market value: residential 10%, commercial 15%, and public service 25%. Agricultural, horticultural, marsh and timber lands are assessed at 15% of use value.

To qualify for the Senior Citizens Special Assessment Level Homestead Exemption "freeze" you must meet both of the following: You must be 65 years of age or older by the end of the year in which you are applying. Additionally you must meet the income requirement as set forth by the Louisiana legislature.

Overview of Louisiana Taxes At just 0.55%, Louisiana has the fifth lowest effective property tax rate of any U.S. state. The median annual property tax payment in Louisiana is $1,065, though this can drop to around $200 in some counties. Nationwide, the median property tax payment is a significantly pricier $2,795.

New Jersey faces the double whammy of having the highest effective property tax rate in the U.S. while also having some of the highest home costs in the country. The effect: Homeowners pay a lot in property taxes.