Breaux Bridge, Lafayette County, Louisiana Property Taxes
Median Breaux Bridge, LA effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Breaux Bridge, LA home value: $90,200
Median annual Breaux Bridge, LA tax bill: $471, $1,929 lower than the national median property tax bill of $2,400.
How are property taxes in Lafayette calculated?
Property taxes in Breaux Bridge, 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 Breaux Bridge’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Breaux Bridge, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Breaux Bridge, Lafayette County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$586
$544
Property Tax Rates Across Breaux Bridge, Lafayette County, Louisiana
Local government entities set tax rates, which can vary widely within Louisiana. 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 Breaux Bridge’s effective property tax rate to other cities in Louisiana and the median property tax rates in Louisiana and the U.S.
Breaux Bridge, located in St. Martin Parish, stands out for its property tax rates. The median property tax rate here is 0.65%, which is significantly lower than the national median of 1.02%. This lower rate is consistent across the area, making it one of the most affordable regions in terms of property tax in the state. For homeowners in Breaux Bridge, this translates to a more manageable property tax bill compared to the national median of $2,400. If you are considering property investment or homeownership in Louisiana, Breaux Bridge offers attractive opportunities with its favorable tax rates.
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 Breaux Bridge Tax Rate
0.65%
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 Lafayette County Tax Rate
0.73%
Median Effective Louisiana Tax Rate
0.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Breaux Bridge, Lafayette County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70517 | 0.17% | 0.37% | 0.65% | 0.88% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Breaux Bridge, Lafayette County, Louisiana
When examining property taxes in Breaux Bridge, 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 Lafayette County Assessor's Office 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 Lafayette 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 Breaux Bridge.
For example, the median home price in Breaux Bridge is $90,200, with tax bills ranging significantly across the county. Zip code 70517 has the highest median home price at $90,200.
Property Tax Assessment Values Across Breaux Bridge, Lafayette County, Louisiana
Source: Ownwell
$56,810
$145,500
$234,190
Median Breaux Bridge Market Value
$90,200
Median Lafayette County Market Value
$153,470
Median Louisiana Market Value
$105,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Breaux Bridge, Lafayette County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70517 | $24,400 | $57,470 | $90,200 | $159,930 | $224,920 |
Source: Ownwell
Property Tax Bills Across Breaux Bridge, Lafayette County, Louisiana
Median Breaux Bridge Tax Bill
$471
Median Lafayette County Tax Bill
$1,014
Median Louisiana Tax Bill
$865
Median United States Tax Bill
$2,400
Property Tax Bills Across Breaux Bridge, Lafayette County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70517 | $96 | $208 | $471 | $840 | $1,424 |
Source: Ownwell