Maplesville, Alabama Property Taxes
The median property tax rate in Maplesville, Alabama is 0.22%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Maplesville at $75,700, the typical annual property tax bill amounts to $170, which is well below the national median of $2,690. Property taxes in Maplesville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Maplesville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Maplesville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Maplesville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.22%
Estimate Property Tax Bill
$167
Ownwell’s Maplesville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maplesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maplesville 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 Maplesville, Alabama
Property taxes in Maplesville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maplesville is 0.22%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Maplesville set these rates annually, and they can vary across different neighborhoods. Each year, Maplesville 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. Understanding how Maplesville's effective property tax rate compares to other areas in Bibb County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Maplesville Tax Rate
0.22%
Average Bibb County Tax Rate
0.26%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maplesville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36750 | 0.19% | 0.20% | 0.22% | 0.24% | 0.26% |
Source: Ownwell
Property Tax Assessment Values Across Maplesville, Alabama
In Maplesville, 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 Maplesville, 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 median home price in Maplesville is $75,700, with tax bills ranging from $146 at the 25th percentile to $209 at the 90th percentile. The zip code 36750 has both the highest and lowest median tax bills, recorded at $170. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Maplesville Assessed Value
$75,700
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 Maplesville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36750 | $70,260 | $72,300 | $75,700 | $79,100 | $81,140 |
Source: Ownwell
Property Tax Bills Across Maplesville, Alabama
Property tax bills in Maplesville, located in Bibb County, Alabama, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Maplesville is $75,700, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, size, and condition all influence the assessed value. In Maplesville, the property tax bills vary significantly. The 25th percentile tax bill is $146, while the 75th percentile tax bill is $194, and the 90th percentile tax bill reaches up to $209. Despite these variations, the highest and lowest median tax bills in the area both stand at $170. These figures are relatively low compared to the national median property tax rate of 0.99%, offering some financial relief to homeowners in Maplesville. Overall, understanding these factors can help homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Maplesville Tax Bill
$170
Average Bibb County Tax Bill
$224
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Maplesville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36750 | $131 | $146 | $170 | $194 | $209 |
Source: Ownwell