Carencro, Lafayette County, Louisiana Property Taxes

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

Median Carencro, LA effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Louisiana state median of 0.91%.
Median Carencro, LA home value: $126,890
Median annual Carencro, LA tax bill: $642, $1,758 lower than the national median property tax bill of $2,400.

How are property taxes in Lafayette Parish calculated?

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

Last Updated March 1, 2025

Carencro, Lafayette County, Louisiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.56%

Estimate Property Tax Bill

$711

$659

Ownwell’s Carencro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Carencro with just two data points. By entering your property's estimated assessed value, our calculator applies Carencro’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 Lafayette. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Carencro, Lafayette County, Louisiana

Local government entities set tax rates, which can vary widely within a state. This variance is due to each county estimating its required budget annually to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the fundamental annual process. In Carencro, located in Lafayette Parish, the effective property tax rate stands at 0.56%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing Carencro's property tax rate to other cities in Louisiana, it aligns with the state's median, offering residents a more affordable property tax bill compared to many other regions across the country. This lower rate can be particularly appealing to property owners looking to minimize their annual expenses, making Carencro an attractive option for those seeking financial relief from higher property tax burdens found elsewhere.

Property Tax Rates Across Carencro, Lafayette County, Louisiana

Source: Ownwell

0.53%

0.73%

0.92%

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 Carencro Tax Rate

0.56%

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 Carencro, Lafayette County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
70520	0.14%	0.39%	0.56%	0.88%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Carencro, Lafayette County, Louisiana

When examining property taxes in Carencro, 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 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 Lafayette County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Carencro. For example, the median home price in Carencro is $126,890, with tax bills ranging significantly across the county. Zip code 70520 has the highest median home price at $126,890.

Property Tax Assessment Values Across Carencro, Lafayette County, Louisiana

Source: Ownwell

$56,810

$145,500

$234,190

Median Carencro Market Value

$126,890

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 Carencro, Lafayette County, Louisiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
70520	$37,980	$73,290	$126,890	$176,830	$247,038

Source: Ownwell

Property Tax Bills Across Carencro, Lafayette County, Louisiana

In Carencro, located in Lafayette County, Louisiana, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Carencro is $126,890, and the property tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Carencro generally experience tax bills ranging from $310 at the 25th percentile to $1,684 at the 90th percentile. This variation reflects differences in property values and exemptions that may be available. The median property tax bill in the area stands at $642, which is significantly lower than the national median of $2,400. This lower tax burden can be beneficial for homeowners, but there is still potential for savings. Ownwell offers services to help homeowners identify potential exemptions and appeal their property tax assessments, potentially reducing their tax bills further. By analyzing local tax data and leveraging expertise, Ownwell can assist homeowners in optimizing their property tax situation.

Property Tax Bills Across Carencro, Lafayette County, Louisiana

Source: Ownwell

$385

$991

$1,596

Median Carencro Tax Bill

$642

Median Lafayette County Tax Bill

$1,014

Median Louisiana Tax Bill

$865

Median United States Tax Bill

$2,400

Property Tax Bills Across Carencro, Lafayette County, Louisiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
70520	$87	$310	$642	$1,072	$1,684

Source: Ownwell