County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Lafayette Parish, Louisiana

Lafayette Parish has an effective property tax rate of 0.57%. On the median home value of $242,900, that's roughly $1,380 per year. Median household income is $67,451.

Effective Property Tax Rate1
0.57%
median tax $1,380 ÷ median home $242,900
Median Home Value1
$242,900
owner-occupied
Median Household Income1
$67,451
per-capita $40,361
Est. Annual Tax on Median Home1
$1,380
at 0.57% effective rate

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.

MetricLafayette ParishLouisiana (state context)
Effective property tax rate10.57%0.44%
Median home value1$242,900
State income tax3top rate 3.00%top rate 3.00%
State sales tax310.13% combined10.13% 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 Lafayette Parish, LA

Lafayette Parish's effective property tax rate of 0.568% sits above Louisiana's statewide median of 0.438%, placing it 10th among the state's 64 counties. That gap matters: homeowners here pay more relative to property value than the average Louisianan. Yet against the national median of 0.794%, the parish still comes in below. A median home value of $242,900 carries an annual real-estate tax bill of about $1,380, set against a median household income of $67,451 and per-capita income of $40,361. The picture is a parish that taxes property more heavily than its own state but less than the country overall. Lafayette, the largest city in the parish, anchors a market where bills remain below what many American homeowners face.

Frequently asked questions

What is the property tax rate in Lafayette Parish, LA?
The effective rate is 0.57% — meaning the median tax bill equals about 0.57% of the median home value.
How much are property taxes on a median home?
On the median home ($242,900), the estimated annual bill is about $1,380.
Is Lafayette Parish's rate high or low?
Compare it to the state median of 0.44% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Lafayette Parish assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Lafayette Parish assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.