Homestead Exemption
Who qualifies
- Ownership
- Taxpayer must be a natural person (or a trust created by a natural person) who owns and resides on the property. No more than one homestead exemption per person statewide.
- Residency
- Owner must own and occupy the property as a bona fide homestead / primary residence. Also available to a usufructuary or a beneficiary of a trust.
How much it saves
Worked example — a $300,000 home at Louisiana's median effective rate (~0.41%):
- • The taxing units this applies to vary locally — treat the figure as approximate.
Your county's rate differs — use the calculator for a figure tuned to where you live.
How to apply
- Application required: Yes
- Deadline: Filed once with the parish assessor; remains in effect as long as the owner continues to own and occupy the property (no annual refiling).
- Renewal: automatic — Permanent while ownership and owner-occupancy continue; a new filing is required upon change of ownership or residence.
Combining with other exemptions
Prerequisite for the Special Assessment Level (assessment freeze); a property must receive the homestead exemption to also qualify for the freeze.
Amount cross-checked against a second official artifact: house.louisiana.gov/housefiscal/DOCS_TAXREV/2014_Louisiana%20Property%20Tax%20Basics.pdf.
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.