Property Tax & Income in Assumption Parish, Louisiana
Assumption Parish has an effective property tax rate of 0.37%. On the median home value of $150,300, that's roughly $552 per year. Median household income is $51,423.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Assumption Parish | Louisiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.37% | 0.44% |
| Median home value1 | $150,300 | — |
| State income tax3 | top rate 3.00% | top rate 3.00% |
| State sales tax3 | 10.13% combined | 10.13% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Assumption Parish, LA
Assumption Parish carries an effective property tax rate of 0.367%, which sits below Louisiana's statewide median of 0.438% and well under the national median of 0.794%. Among the state's 64 counties, it ranks 39th by rate. The owner of a home valued at the median $150,300 would owe roughly $552 a year in real-estate taxes. With a median household income of $51,423 and per-capita income of $31,516, that bill equals about one percent of household earnings. Communities such as Pierre Part, Belle Rose, and Labadieville fall within the parish. A rate this far beneath the national figure signals that property taxes take a smaller share of local budgets than in most of the country, though the parish's ranking within Louisiana places it somewhat closer to the middle of the pack statewide.