-Where can I apply for Homestead Exemption in Orleans Parish?
Honorable Erroll G. Williams
1300 Perdido Street
City Hall Room 4E01
New Orleans, LA 70112
(504) 658-1300 What is Homestead Exemption?
The Homestead Exemption was set by voters in 1980 at $75,000 and is covered by Article VII, Section 20 of the Louisiana Constitution. The Homestead Exemption is permanent for as long as the individual owns and resides at that property in Orleans Parish.
Only one Homestead Exemption can be granted per home that is owned and permanently occupied as a domicile by a resident in Louisiana. A Homestead Exemption cannot be applied to a property that an individual owns but does not live in day-to-day. For example, someone cannot live in Atlanta and receive a Homestead Exemption for a home they own in Orleans Parish. Homestead Exemption Information
How is my property value determined?
A variety of tools are used to assess a property’s value based on whether the property is residential or commercial, and whether or not the property produces income for the owner. When accurate and sufficient data is available, analyzing the sales prices of homes within a neighborhood is useful for setting residential value. However, size, depreciation schedules, construction costs, income and expense data may also play a part when determining a property’s value.
How do I calculate property taxes?
Because of special security or development taxing districts levied by individual neighborhoods in Orleans Parish, as well as a special police and fire millage which is never exempt from payment by any homeowner, the best way to calculate your property taxes is to use the Orleans Parish online Tax Estimator.
The following sample property tax worksheet uses 2011 Orleans Parish millage rates and a home valued at $100,000.
How to file for Homestead Exemption:
*All information is based on information provided by the Orleans Parish Assessor’s Office website (www.nolaassessor.com)