New Iberia, Iberia County, Louisiana Property Taxes
Property Taxes in New Iberia, Louisiana
Median New Iberia, Louisiana effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, and lower than the Louisiana state median of 0.92%.
Median New Iberia, Louisiana home value: $76,500
Median annual New Iberia, Louisiana tax bill: $631, lower than the national median property tax bill of $2,400.
How are property taxes in Iberia calculated?
Property taxes in New Iberia, Louisiana 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 New Iberia's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Iberia, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Iberia, Iberia County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$620
$575
How Does the New Iberia Property Tax Calculator Work?
Use this New Iberia property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Iberia's median effective tax rate of 0.81% — based on actual property records in Iberia County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies New Iberia's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within New Iberia: rates range from $485.00 in 70560 to $1,025.00 in 70563, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across New Iberia.
About New Iberia Property Taxes
About Property Taxes in New Iberia, Iberia, Louisiana
New Iberia's median effective property tax rate of 0.81% is lower than the Louisiana state median of 0.92% and lower than the national median of 1.02%. This rate reflects the Iberia County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across New Iberia. Homeowners in the 70560 ZIP code carry a median effective rate of 0.81%, while those in 70563 pay 0.80%. This spread — 0.01 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Iberia County. Understanding which part of New Iberia you live in can make a meaningful difference to your annual tax bill.
New Iberia homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 15, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across New Iberia, Iberia County, Louisiana
As noted earlier, 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.
Below, you can compare New Iberia's effective property tax rate to other cities in Louisiana and the median property tax rates in Louisiana and the U.S.
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 New Iberia Tax Rate
0.81%
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 Iberia County Tax Rate
0.81%
Median Effective Louisiana Tax Rate
0.92%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Iberia, Iberia County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70560 | 0.76% | 0.76% | 0.81% | 0.88% | 0.88% |
| 70563 | 0.76% | 0.80% | 0.80% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across New Iberia, Iberia County, Louisiana
When examining property taxes in New Iberia, 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 Iberia 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.
Assessment notices:
In Iberia County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in New Iberia is $76,500, with tax bills ranging significantly across the county. ZIP code 70563 has the highest median home price at $122,810.
Property Tax Assessment Values Across New Iberia, Iberia County, Louisiana
Source: Ownwell
$47,910
$161,648
$275,385
Median New Iberia Market Value
$76,500
Median Iberia County Market Value
$71,280
Median Louisiana Market Value
$118,642
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Iberia, Iberia County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70560 | $9,730 | $26,040 | $58,000 | $108,320 | $174,320 |
| 70563 | $28,400 | $69,050 | $122,810 | $199,030 | $280,958 |
Source: Ownwell
Property Tax Bills Across New Iberia, Iberia County, Louisiana
Property tax bills in New Iberia are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine how much a homeowner owes each year. For many homeowners, the size of the bill depends on factors such as the home’s assessed value, the tax rate set for Iberia, and whether any exemptions apply.
With a median home price of $76,500, property taxes in New Iberia can still vary widely from one neighborhood to another. The median tax bill reaches $1,025 in 70563, while it is $485 in 70560. Across the city, the 25th percentile tax bill is $290, the 75th percentile is $1,188, and the 90th percentile is $1,838.
Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, New Iberia homeowners often face lower bills, but changes in assessed value can still affect what they pay.
Median New Iberia Tax Bill
$631
Median Iberia County Tax Bill
$593
Median Louisiana Tax Bill
$995
Median United States Tax Bill
$2,400
Property Tax Bills Across New Iberia, Iberia County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70560 | $82 | $217 | $485 | $887 | $1,425 |
| 70563 | $236 | $564 | $1,025 | $1,644 | $2,297 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
Links | |
|---|---|
| Iberia Tax Assessor | |
| Website | www.iberiaassessor.org |