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Taxes in Monroe, Louisiana

Complete tax guide for Monroe, LA. State income tax up to 4.25%, 0.55% property tax, 6.61% sales tax. Calculate your total tax burden.

State Income Tax

4.25%

Louisiana

Property Tax

0.55%

Effective rate

Sales Tax

6.61%

Combined rate

Tax Burden

Low

Monroe, LA Tax Overview

Population

47,702

Median Income

$35,000

Cost of Living

84.5 (100 = avg)

State Income Tax

4.25%

Median Home Price

$155,000

Monroe Tax Calculator

Pre-filled with Monroe median: $35,000

Total Tax Burden in Monroe

$6,327

Take-Home: $28,674 · Effective Rate: 18.08%

Federal Tax

$2,162

6.18% eff.

LA State

$1,488

4.25% eff.

FICA

$2,678

7.65% eff.

Take-Home

$28,674

81.92% kept

Tax Breakdown

Take-Home 81.92%
LA
FICA
Take-Home Federal Tax LA State Tax FICA
ItemAnnualMonthly
Gross Income$35,000.00$2,916.67
Federal Income Tax-$2,161.50-$180.13
Louisiana State Tax-$1,487.50-$123.96
Social Security (6.2%)-$2,170.00-$180.83
Medicare (1.45%)-$507.50-$42.29
Take-Home Pay$28,673.50$2,389.46

Property Tax in Monroe

Median Home

$155,000

Annual Tax

$853

Monthly Tax

$71

Effective Rate

0.55%

vs. National Average (1.1%)$-853/yr
Median Property Tax Paid$853/yr

Sales Tax in Monroe

Combined Rate

6.61%

State Portion

~4.1%

Local Portion

~2.5%

The combined sales tax rate in Monroe is 6.61%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.61 in sales tax.

Tax Burden Comparison

Tax TypeMonroeLouisiana AvgNational Avg
Income Tax4.25%4.25%4.6%
Property Tax0.55%~0.55%1.1%
Sales Tax6.61%~6.61%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Monroe Residents

  • Louisiana's income tax rate of 4.25% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Property tax in Monroe (0.55%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Louisiana Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Monroe, LA?

Monroe, Louisiana has a state income tax rate up to 4.25%. The property tax rate is 0.55% and the combined sales tax rate is 6.61%.

How much is property tax in Monroe?

The effective property tax rate in Monroe is 0.55%. On the median home price of $155,000, this equals approximately $853 per year or $71 per month. This is below the national average of 1.1%.

What is the sales tax rate in Monroe?

The combined sales tax rate in Monroe is 6.61%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Monroe's tax burden compare to other cities?

Monroe has a low overall tax burden. The effective total tax rate for a median-income household is approximately 23.9%. The combination of 4.25% state income tax, 0.55% property tax, and 6.61% sales tax determines the total burden. Cost of living index is 84.5 (100 = national average).

Are there any local taxes in Monroe?

Monroe does not impose a separate local or city income tax. Residents pay the state income tax of 4.25%, federal income tax, and FICA (Social Security and Medicare).