Louisiana Income Tax
Louisiana has a progressive income tax with rates ranging from 1.85-4.25%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Louisiana Sales Tax
The state sales tax rate in Louisiana is 4.45%. With an average local sales tax of 5.1%, the combined average sales tax rate is 9.55%.
This is one of the highest combined sales tax rates in the country. Budget accordingly for large purchases.
Louisiana Property Tax
The effective property tax rate in Louisiana is 0.56%. With a median home value of $198,100, the median annual property tax bill is $1,008 ($84/month).
Louisiana has some of the lowest property taxes in the nation, making homeownership more affordable.
Corporate & Business Taxes
The corporate tax rate in Louisiana is 3.5-7.5%.
Other Taxes in Louisiana
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.20/gallon |
| Cigarette Tax | $1.08/pack |
| Estate Tax | No |
| Inheritance Tax | No |
Key Facts
Highest combined state + local sales tax rate in the nation. Low property taxes.
Compare to Other States
See how salaries compare on our average salary in Louisiana page. Thinking about starting a business? Check our LLC guide for Louisiana. See the current minimum wage in Louisiana.
Financial Calculators
Plan your finances in Louisiana with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford