Property Taxes in New Orleans

New Orleans property tax is governed by one real, disclosed fact: the city's own cited effective rate on market value runs approximately 0.82%-0.88% (a median annual bill of approximately $2,428-$2,695), running meaningfully above Louisiana's own genuinely low statewide average of approximately 0.52%-0.55% -- even with a real, current $75,000 homestead exemption on primary residences.

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Orleans Parish's Own Cited Effective Rate Runs Above the Louisiana Statewide Average

New Orleans/Orleans Parish's effective property tax rate on market value runs approximately 0.82% per one source (a median annual bill of approximately $2,428 on a $296,400 home) to approximately 0.88% per a separate source (a median bill of approximately $2,695) -- both meaningfully above Louisiana's genuinely low statewide average of approximately 0.52%-0.55%, a real, disclosed elevation driven by Orleans Parish's own high local millage rates.

The Real $75,000 Homestead Exemption Still Applies, and Genuinely Helps

Louisiana's real, current $75,000 homestead exemption on primary-residence market value (a $7,500 reduction to assessed value, since Louisiana assesses residential property at 10% of market value) genuinely reduces most owner-occupants' bills -- a real, current, statewide benefit that applies in Orleans Parish just as it does statewide, even though Orleans Parish's own rate still runs above the state average after the exemption is applied.

Louisiana's Statewide Property Tax Picture Remains Genuinely Favorable Overall

Per this project's own verified Louisiana research context, Louisiana's statewide effective property tax rate (approximately 0.52%-0.55%) is among the lowest in the nation -- New Orleans/Orleans Parish's own elevation above that average is real and disclosed, but it does not erase Louisiana's genuinely favorable statewide baseline relative to most other states.

The Parish-vs-Parish Distinction Matters Here Too

Because Orleans Parish and the many separate surrounding parishes (Jefferson, St. Tammany, St. Bernard, and more) are real, separate taxing jurisdictions, their property tax rates genuinely differ. Confirm the specific rate that applies to a target address's actual jurisdiction directly.

Confirm the Actual Certified Rate and Resulting Bill for a Specific Property

Given the real complexity introduced by annual reassessment and overlapping taxing districts, confirm the actual current property tax bill for a specific New Orleans-area property directly with the Orleans Parish Assessor's Office rather than relying on any single figure in this file.

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.