BGR: 37% of New Orleans Property Value Tax-Exempt
Aerial view of New Orleans with the downtown skyline in the background. An orange graphic reads, “BGR: Off the Rolls, Managing the Impacts of Tax-Exempt Property in New Orleans, November 2026.”

BGR: 37% of New Orleans Property Value Tax-Exempt

By Site Staff

Source: Biz New Orleans

November 6, 2026

The Story

In 2025, $2.74 billion, or 37%, of New Orleans’ real estate assessed value was exempt from property taxes, according to a Bureau of Governmental Research (BGR) report released Nov. 5. The share is likely among the largest nationally.

BGR’s Role

“Many exemptions serve important public goals, and this report is not a call to tax all exempt property,” said BGR President and CEO Rebecca Mowbray. “But when more than a third of the city’s real estate value is off the tax rolls, the residents and businesses that do pay property taxes carry a greater share of the cost. With a key drainage tax set to expire in 2027, City leaders have an opportunity to make sure owners of tax-exempt property help support the services and infrastructure they rely on.”

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