Lousiana

Louisiana's State Housing Authority - Learn about your home ownership options through your state's housing authority.

Louisiana Property Taxes
Property taxes are assessed and collected at the local level, 64 parishes and 7 municipal districts.

Taxpayers having property in Louisiana are required to file a property tax return with the assessor of their parish or municipality on or before April 1 or within 45 days of receipt of the return form, whichever is later.

Property subject to "according to value" taxation is listed on the assessment rolls at its assessed valuation, which, less some exceptions, is a percentage of its fair market value. The percentage of fair market value is uniform throughout the state upon the same class of property. The following classifications of property are subject to this kind of taxation at the designated percentage of fair market value applicable:

* Land, 10 percent.
* Improvements for residential purposes, 10 percent.
* Electric cooperative properties, excluding land, 15 percent.
* Public service properties, excluding land, 25 percent.
* Other property, 15 percent.

Louisiana offers a homestead exemption on the first $7,500 of the value of a person's primary residence. The exemption, however, does not usually apply to municipal taxes.

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