Property Tax & Income in Terrebonne Parish, Louisiana
Terrebonne Parish has an effective property tax rate of 0.45%. On the median home value of $187,200, that's roughly $836 per year. Median household income is $64,836.
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 | Terrebonne Parish | Louisiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.45% | 0.44% |
| Median home value1 | $187,200 | — |
| 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 Terrebonne Parish, LA
In Terrebonne Parish, Louisiana, the median home value sits at $187,200, and the annual real-estate tax bill on that home comes to about $836. That works out to an effective rate of 0.447%, which edges past Louisiana's statewide median of 0.438% and places the parish 26th of 64 counties for property tax rate. Even so, it lands well below the national median of 0.794%. Buyers looking in Houma, Chauvin, or Donner will find that housing costs here stay comparatively affordable against national figures. Households earning the median income of $64,836 face a tax bill that amounts to a little over 1% of that total, while per-capita income stands at $33,624. For anyone weighing a move to this part of Louisiana, the combination of lower home prices and below-average taxation keeps ownership within easier reach.