Mc Calla, Alabama Property Taxes
The median property tax rate in Mc Calla, AL is 0.25%, significantly lower than both the national median of 0.99% and Alabama's state median of 0.47%. With a median home value of $111,200 in Mc Calla, the typical annual property tax bill is around $246, well below the national median of $2,690. Property taxes in Mc Calla are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Mc Calla'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 Mc Calla 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
Mc Calla, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$278
Ownwell’s Mc Calla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mc Calla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mc Calla 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 Mc Calla, Alabama
Property taxes in McCalla, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McCalla is 0.33%, significantly lower than both the Alabama state median of 0.40% and the U.S. national median of 0.99%. Local government entities within McCalla set these rates annually, and they can vary significantly across different neighborhoods. Each year, McCalla 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 McCalla's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama is 0.66%, while the lowest median tax rate is 0.31%. Understanding how these cities compare with McCalla 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 Mc Calla Tax Rate
0.25%
Average Bibb County Tax Rate
0.26%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Calla, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35111 | 0.19% | 0.21% | 0.25% | 0.27% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Mc Calla, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Mc Calla, Alabama. 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 local appraisal authorities 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 Mc Calla, 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. 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 Mc Calla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mc Calla is $111,200, with the highest median tax bill recorded at $246 in the zip code 35111.
Average Mc Calla Assessed Value
$111,200
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 Mc Calla, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35111 | $42,800 | $60,300 | $111,200 | $121,150 | $134,000 |
Source: Ownwell
Property Tax Bills Across Mc Calla, Alabama
In Mc Calla, located in Bibb County, AL, property tax bills are determined by assessing the value of a property and applying the local tax rate to this assessed value. The median home price in Mc Calla is $111,200. Property taxes are calculated by multiplying the assessed value by the tax rate, which varies depending on the specific location within the county. For instance, the median property tax bill in Mc Calla is $246, which is significantly lower than the national median property tax rate of 0.99%. Factors such as property size, location, and any improvements made to the property can influence the assessed value, and consequently, the tax bill. Homeowners in Mc Calla might see tax bills ranging from $174 at the 25th percentile to $403 at the 90th percentile. Lower property taxes can make homeownership more affordable, but it also means fewer local resources for public services funded by these taxes. Understanding how these factors interplay can help homeowners anticipate their annual property tax obligations.
Average Mc Calla Tax Bill
$246
Average Bibb County Tax Bill
$224
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Calla, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35111 | $75 | $174 | $246 | $301 | $403 |
Source: Ownwell