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Updated 2025 Tax Year

Lafayette County
Property Tax Guide

Everything you need to know about property taxes in Lafayette County, LA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
Approximately 1% of assessed value, varies by taxing districts within parish
1st Due
Dec 31
Exemptions
5+ Available
Section 1

How Property Tax Works

Lafayette County, Louisiana operates under the state's property tax system where taxes are levied by multiple local jurisdictions including the parish, school districts, municipalities, and special taxing districts. Property taxes in Lafayette County fund essential services such as public education, parish government operations, fire protection, drainage districts, and municipal services. The effective tax rate varies significantly depending on your specific location within the county due to overlapping special taxing districts.

Property owners in Lafayette County can expect effective tax rates that generally align with Louisiana's statewide average of approximately 1% of assessed value, though actual rates may be higher or lower depending on the combination of taxing districts that apply to your property. Assessment values are based on fair market value as determined by the Lafayette Parish Assessor's Office, and various tax credits may be available to qualifying property owners, though these require separate applications and are not automatically applied.

Section 2

What Makes Up Your Tax Bill

ComponentEstimated RateDescription
Parish General FundVariesBasic parish government services and operations
School DistrictVariesLafayette Parish School Board operations and facilities
MunicipalVariesCity services (applies only within city limits)
Fire ProtectionVariesLocal fire district services
Drainage/Flood ControlVariesParish-wide drainage and flood protection
Special DistrictsVariesRecreation, lighting, garbage collection districts

Note: Exact millage rates for FY 2025-2026 are set by individual taxing authorities and vary by specific location within Lafayette County. Property owners receive a detailed tax bill showing all applicable district rates. Contact the Lafayette Parish Assessor's Office for current millage rates applicable to your specific property address.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Lafayette County, property taxes are due in two installments:

First Installment
Dec 31
Delinquent after Dec 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Louisiana does not typically impose supplemental property taxes in the same manner as some other states. However, property tax adjustments may occur during the tax year due to successful assessment appeals, corrected property classifications, or newly completed construction projects. When assessments are modified mid-year, taxpayers may receive an amended tax bill reflecting the adjusted assessed value.

New construction or substantial improvements completed after the annual assessment date may result in additional tax liability for the current tax year, prorated from the date of completion. For example, if you complete a $100,000 home addition in June and your combined tax rate is 50 mills (5%), you would owe approximately $250 in additional taxes for the remaining six months of the tax year ($100,000 × 0.05 × 0.5 years = $250).

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Exemption Applied: $75,000 (requires application)
  • Net Taxable Value: $225,000
  • Estimated Tax Rate: 50 mills (5.0%)
  • Annual Tax: $1,125
  • Monthly Escrow: $94

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Exemption Applied: $75,000 (requires application)
  • Net Taxable Value: $525,000
  • Estimated Tax Rate: 50 mills (5.0%)
  • Annual Tax: $2,625
  • Monthly Escrow: $219

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Homestead Exemption Applied: $75,000 (requires application)
  • Net Taxable Value: $925,000
  • Estimated Tax Rate: 50 mills (5.0%)
  • Annual Tax: $4,625
  • Monthly Escrow: $385

Note: All tax credits require separate applications and are not automatically applied. Tax rates shown are estimates and actual rates vary by location within Lafayette County.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lafayette County require property tax escrow accounts for borrowers with less than 20% down payment or those who choose this option for convenience. Lenders collect monthly escrow payments equal to 1/12th of the annual property tax bill plus insurance premiums. These funds are held in a separate account and used to pay your property taxes when they become due on December 31st.

Lenders typically pay property taxes before the December 31st deadline to avoid penalties and interest charges. You should receive an annual escrow statement showing all deposits, payments, and account balance. If your property taxes increase due to assessment changes or millage rate adjustments, your lender will adjust your monthly escrow payment accordingly. Property owners are responsible for verifying that their lender pays taxes on time and may need to provide updated tax bills to ensure proper escrow calculations.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Lafayette County property taxes due for FY 2025-2026? A: Property taxes are due December 31st annually. Tax bills are typically mailed in November, and taxes become delinquent on January 1st if not paid.

Q: What is the Homestead Exemption and how do I apply? A: The Homestead Exemption is a tax credit that reduces your taxable assessed value by up to $75,000 for your primary residence. You must file an application with the Lafayette Parish Assessor's Office by December 31st of the first year you claim it. This is NOT automatic and requires a separate application.

Q: Are there other tax credits available in Lafayette County? A: Yes, Louisiana offers various tax credits including those for disabled veterans, senior citizens over 65, and surviving spouses. Each requires a separate application with specific documentation and deadlines. Contact the Lafayette Parish Assessor's Office for current programs and requirements.

Q: How does the Homestead Exemption affect assessment increases? A: The Homestead Exemption includes an assessment limitation that caps annual increases in your homestead's assessed value, providing protection against rapid property value appreciation. This limits assessment growth rather than reducing current market value.

Q: How often are properties reassessed in Lafayette County? A: Louisiana requires property reassessment every four years, though the assessor may review individual properties more frequently based on sales, improvements, or appeals.

Q: What happens if I pay my property taxes late? A: Delinquent taxes incur interest charges and penalties. Properties with unpaid taxes may eventually be sold at tax sale. Contact the Lafayette Parish Tax Collector for current penalty rates and payment arrangements.

Q: Can I pay my property taxes online? A: Yes, Lafayette Parish typically offers online payment options. Check the Lafayette Parish Tax Collector's website for available payment methods including credit cards, electronic checks, and bank transfers.

Q: How do special district taxes work in Lafayette County? A: Special districts for services like fire protection, drainage, recreation, and lighting levy additional millages that appear as separate line items on your tax bill. The specific districts affecting your property depend on your location within the parish.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Lafayette Parish Assessor's Office during the designated appeal period, typically in August-September. You may need to provide evidence such as recent appraisals, comparable sales, or documentation of property conditions affecting value.

Q: What documentation do I need for tax credit applications? A: Requirements vary by credit type but commonly include proof of ownership, residency documentation, age verification, disability ratings, or military service records. Applications must be filed by specified deadlines and are not automatically renewed annually.

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