There are many reasons why people choose to call Northeast Louisiana home.
Residents enjoy access to quality schools, as well as affordable housing throughout the region near pristine outdoor areas and a variety of recreational activities. Combining low taxes in Monroe with dedicated funding for infrastructure and education initiatives provides residents with an affordable place to live while ensuring a strong quality of life throughout the region.
In 2015, the Tax Foundation, a non-partisan tax research group, ranked Louisiana’s total tax burden as fifth lowest in the United States, due in large part to the state having some of the most homeowner-friendly property taxes in the country. Throughout the Northeast Louisiana region, residents are able to apply the state’s homestead exemption to their primary residence. Through this exemption, the first $75,000 of a homeowner’s primary residence is untaxed by the state. The relatively low property taxes Louisiana residents enjoy have helped propel the state to being ranked eighth lowest in the country for property taxes, according to Tax Foundation research.
While Monroe tax rates may fluctuate depending on the various infrastructure or public service needs they exist to fund, Louisiana’s statewide tax rate of four percent is one of the 13 lowest in the country.
Northeast Louisiana is also home to some of Louisiana’s top public schools, including those within the City of Monroe School District — which contains 20 schools in its district boundaries and serves approximately 8,500 students. In 2014, the district collected over $40 million in sales and property tax revenues to fund the district's operating expenditures. These revenues help fund capital improvement projects for district schools, buildings, playgrounds and more, and serve as an example of the community’s dedicated investment in committing tax dollars toward a quality education and corresponding infrastructure for students at area schools.