All Laws Decoded

The Homestead Exemption in Louisiana

Who qualifies for the Louisiana homestead property tax exemption, how much it saves, and how and when to apply.

Short answer: Louisiana exempts a bona fide homestead from property tax on the first $7,500 of assessed valuation. La. R.S. 47:1703

Homestead exemptionLouisiana exempts a bona fide homestead from property tax on the first $7,500 of assessed valuation. To qualify, the taxpayer must own and occupy the homestead on or before December 31 of the calendar year in which the exemption is claimed. Heirs in the direct line who own the home in indivision may receive the full exemption if they claim no other homestead exemption.
Source: La. R.S. 47:1703
Limits on assessment increasesIn a reappraisal year, if the assessed value of a home with the homestead exemption rises by more than 50% over the previous year, the tax increase is phased in over four years (one-fourth of the increase in the first year, one-half in the second, three-quarters in the third, the full amount in the fourth). The phase-in ends if the property is sold or transferred. Property is reappraised at least every four years.
Source: La. Const. art. VII, § 18(F)

More Louisiana property tax & homestead exemptions

FAQ

What is the homestead exemption in Louisiana?
Louisiana exempts a bona fide homestead from property tax on the first $7,500 of assessed valuation. To qualify, the taxpayer must own and occupy the homestead on or before December 31 of the calendar year in which the exemption is claimed. Heirs in the direct line who own the home in indivision may receive the full exemption if they claim no other homestead exemption.
How much can a home's assessed value go up each year in Louisiana?
In a reappraisal year, if the assessed value of a home with the homestead exemption rises by more than 50% over the previous year, the tax increase is phased in over four years (one-fourth of the increase in the first year, one-half in the second, three-quarters in the third, the full amount in the fourth). The phase-in ends if the property is sold or transferred. Property is reappraised at least every four years.

Last verified against official sources: October 30, 2026.

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General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.