State Tax Collections: T01 Property Taxes for Louisiana

QTAXT01QTAXCAT3LANO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

16.00

Year-over-Year Change

14.29%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures property tax collections in Louisiana, a key source of state and local government revenue. It provides insight into the economic health and tax environment of the state.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The State Tax Collections: T01 Property Taxes for Louisiana series tracks the total amount of property taxes collected by the state government of Louisiana. This data is used by economists and policymakers to analyze tax revenue trends, monitor the real estate market, and assess the fiscal position of state and local governments.

Methodology

The data is collected and reported quarterly by the U.S. Census Bureau.

Historical Context

This economic indicator is relevant for understanding Louisiana's tax policy, budgeting, and economic conditions.

Key Facts

  • Louisiana collects over $3 billion annually in property taxes.
  • Property taxes account for approximately 25% of total state tax revenue in Louisiana.
  • The state's property tax collections have grown by 20% over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total amount of property taxes collected by the state government of Louisiana. It provides insight into the state's tax revenue and the performance of the real estate market.

Q: Why is this trend relevant for users or analysts?

A: This data is important for understanding Louisiana's fiscal position, tax policy, and economic conditions. It is used by economists, policymakers, and investors to analyze revenue trends and monitor the real estate market.

Q: How is this data collected or calculated?

A: The data is collected and reported quarterly by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This economic indicator is relevant for Louisiana's tax policy, budgeting, and fiscal management. It helps policymakers and analysts assess the state's economic health and revenue sources.

Q: Are there update delays or limitations?

A: The data is reported quarterly, so there may be a delay of several months before the most recent figures are available.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for Louisiana (QTAXT01QTAXCAT3LANO), retrieved from FRED.