New Orleans anchors a tourism, port, and energy-services economy along the Mississippi River. Orleans Parish's property tax rate is moderate, and Louisiana's generous homestead exemption significantly reduces the taxable value for most owner-occupants.
Recommended for incomes above $75k/yr (28% DTI rule)
New Orleans housing market
The 0.65% property tax rate reflects the county-level effective rate for New Orleans and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Louisiana average — county-level data produces more accurate monthly payment estimates for New Orleans buyers. Many New Orleans properties also carry HOA fees — the area average is approximately $200/month, which is not included in the calculator above.
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