Property Tax & Income in Iberia Parish, Louisiana
Iberia Parish has an effective property tax rate of 0.36%. On the median home value of $164,500, that's roughly $593 per year. Median household income is $56,961.
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 | Iberia Parish | Louisiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.36% | 0.44% |
| Median home value1 | $164,500 | — |
| 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 Iberia Parish, LA
Buying a home in Iberia Parish, Louisiana, comes with a median price tag of $164,500 and an annual property tax bill of just $593, based on an effective rate of 0.360%. That rate sits well below Louisiana's statewide median of 0.438%, and it ranks 41st out of the state's 64 counties, placing it on the lower end for tax costs. Nationally, the gap is even wider — the U.S. median effective rate is 0.794%, more than double what homeowners here pay. Households in the parish earn a median of $56,961, with per-capita income at $30,464. Communities like New Iberia, Avery Island, and Jeanerette anchor the area. For a buyer weighing affordability, the combination of below-average home values and a comparatively low tax rate means yearly ownership costs stay contained.