Brent, Alabama Property Taxes
The median property tax rate in Brent, AL is 0.27%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Brent, the typical annual property tax bill is $180, far below the national median of $2,690. Property taxes in Brent are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brent's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Brent or another part of Bibb County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brent, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.27%
Estimate Property Tax Bill
$188
Ownwell’s Brent Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brent with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brent to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Brent, Alabama
Property taxes in Brent, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brent is 0.27%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Brent set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brent estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Brent's effective property tax rate to other counties in Alabama and the national median. Understanding how Brent's tax rates compare with other areas provides valuable insights into the varying tax landscape across Bibb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brent Tax Rate
0.27%
Average Bibb County Tax Rate
0.26%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brent, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35034 | 0.16% | 0.21% | 0.27% | 0.31% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Brent, Alabama
In Brent, Alabama, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Bibb County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Brent, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the zip code with the highest median tax bill is 35034, with a median tax bill of $180. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Brent helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brent Assessed Value
$69,650
Average Bibb County Assessed Value
$88,300
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brent, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35034 | $19,810 | $40,525 | $69,650 | $145,875 | $225,580 |
Source: Ownwell
Property Tax Bills Across Brent, Alabama
In Brent, located in Bibb County, Alabama, property tax bills are determined by a combination of the assessed value of a home and the applicable tax rate. The assessed value is a percentage of the home's market value, which is then multiplied by the local tax rate to calculate the annual tax bill. For homeowners in Brent, the median home price is $69,650. The property tax rate in Brent is relatively low compared to the national median property tax rate of 0.99%. Homeowners in Brent can expect their tax bills to vary significantly. The tax bill at the 25th percentile is around $96, while at the 75th percentile, it's approximately $376. For those at the 90th percentile, the tax bill can go up to $580. This variation in tax bills can impact homeowners differently, influencing their overall housing costs and financial planning. For instance, in the zip code 35034, the highest and lowest median tax bill is recorded at $180. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Brent Tax Bill
$180
Average Bibb County Tax Bill
$224
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Brent, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35034 | $46 | $96 | $180 | $376 | $580 |
Source: Ownwell