Lafayette, Lafayette County, Louisiana Property Taxes
Property Taxes in Lafayette, Louisiana
Median Lafayette, Louisiana effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, and lower than the Louisiana state median of 0.92%.
Median Lafayette, Louisiana home value: $165,310
Median annual Lafayette, Louisiana tax bill: $1,212, lower than the national median property tax bill of $2,400.
How are property taxes in Lafayette Parish calculated?
Property taxes in Lafayette, 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 Lafayette's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lafayette, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lafayette, Lafayette County, Louisiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$1,322
$1,227
How Does the Lafayette Property Tax Calculator Work?
Use this Lafayette property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lafayette's median effective tax rate of 0.80% — based on actual property records in Lafayette 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 Lafayette'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 Lafayette: rates range from the lowest median tax bill of $443.00 in 70501 to the highest median tax bill of $1,772.00 in 70508, 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 Lafayette.
About Lafayette Property Taxes
About Property Taxes in Lafayette, Lafayette, LA
Lafayette’s median effective property tax rate of 0.80% is lower than the Louisiana state median of 0.92% and lower than the national median of 1.02%. This rate reflects the Lafayette 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 Lafayette. Homeowners in the 70501 ZIP code carry a median effective rate of 0.88%, while those in 70507 pay 0.68%. This spread — 0.20 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Lafayette County. Understanding which part of Lafayette you live in can make a meaningful difference to your annual tax bill.
Lafayette homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 15, 2026.
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 Lafayette, Lafayette 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 Lafayette’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 Lafayette Tax Rate
0.80%
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
0.75%
Median Effective Louisiana Tax Rate
0.92%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lafayette, Lafayette County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70501 | 0.19% | 0.42% | 0.88% | 1.05% | 1.05% |
| 70503 | 0.54% | 0.68% | 0.83% | 0.97% | 1.05% |
| 70506 | 0.39% | 0.58% | 0.76% | 1.05% | 1.05% |
| 70507 | 0.29% | 0.51% | 0.68% | 0.88% | 1.05% |
| 70508 | 0.51% | 0.64% | 0.82% | 0.91% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Lafayette, Lafayette County, Louisiana
When examining property taxes in Lafayette, 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.
Assessment notices:
In Lafayette 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. 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 Lafayette.
For example, the median home price in Lafayette is $165,310, with tax bills ranging significantly across the county. 70508 has the highest median home price at $231,350.
Property Tax Assessment Values Across Lafayette, Lafayette County, Louisiana
Source: Ownwell
$64,300
$156,808
$249,315
Median Lafayette Market Value
$165,310
Median Lafayette County Market Value
$171,190
Median Louisiana Market Value
$118,642
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lafayette, Lafayette County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70501 | $20,450 | $34,115 | $64,300 | $114,485 | $175,384 |
| 70503 | $107,720 | $150,000 | $208,360 | $329,575 | $509,200 |
| 70506 | $60,000 | $104,485 | $154,820 | $207,990 | $262,458 |
| 70507 | $47,250 | $87,928 | $153,195 | $208,980 | $285,687 |
| 70508 | $113,358 | $162,290 | $231,350 | $331,990 | $515,496 |
Source: Ownwell
Property Tax Bills Across Lafayette, Lafayette County, Louisiana
Property tax bills in Lafayette are based on the assessed value of a home, not its market price, and the local tax rate applied to that assessment. For many homeowners, the bill reflects how local assessors value the property, along with any exemptions or special taxing districts that may apply. With a median home price of $165,310, the amount owed can vary widely from one neighborhood to another.
In Lafayette, the 25th percentile tax bill is $598, while the 75th percentile is $1,974 and the 90th percentile reaches $3,259. The highest median tax bill is $1,772 in ZIP code 70508, compared with $443 in ZIP code 70501. These differences show how location and assessed value can significantly affect what homeowners pay each year. For many residents, a higher assessed value can mean a larger bill, while a lower assessment or qualifying exemption can reduce the tax burden.
Median Lafayette Tax Bill
$1,212
Median Lafayette County Tax Bill
$1,154
Median Louisiana Tax Bill
$995
Median United States Tax Bill
$2,400
Property Tax Bills Across Lafayette, Lafayette County, Louisiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 70501 | $86 | $194 | $443 | $875 | $1,463 |
| 70503 | $664 | $1,117 | $1,700 | $2,780 | $4,713 |
| 70506 | $322 | $663 | $1,128 | $1,658 | $2,245 |
| 70507 | $177 | $460 | $950 | $1,535 | $2,233 |
| 70508 | $603 | $1,136 | $1,772 | $2,860 | $4,755 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
Links | |
|---|---|
| Lafayette Tax Assessor | |
| Website | beacon.schneidercorp.com |