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.
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 | Lafayette Parish | Louisiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.57% | 0.44% |
| Median home value1 | $242,900 | — |
| 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 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.