Grove Hill, Alabama Property Taxes
The median property tax rate in Grove Hill, AL is 0.33%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $86,700 in Grove Hill, the typical annual property tax bill amounts to $311, which is well below the national median of $2,690. Property taxes in Grove Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Grove Hill'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 Grove Hill or another part of Clarke County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grove Hill, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.33%
Estimate Property Tax Bill
$286
Ownwell’s Grove Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grove Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grove Hill 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 Grove Hill, Alabama
Property taxes in Grove Hill, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grove Hill is 0.33%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Grove Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grove Hill 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 Grove Hill's effective property tax rate compares to other areas in Clarke County and the national median provides valuable insights into the varying tax landscape across the region, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Grove Hill Tax Rate
0.33%
Average Clarke County Tax Rate
0.33%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grove Hill, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36451 | 0.20% | 0.28% | 0.33% | 0.58% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Grove Hill, Alabama
In Grove Hill, 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 Clarke 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 Grove Hill, 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 Grove Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $311, found in the 36451 zip code.
Average Grove Hill Assessed Value
$86,700
Average Clarke County Assessed Value
$83,100
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grove Hill, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36451 | $24,000 | $48,700 | $86,700 | $143,600 | $206,200 |
Source: Ownwell
Property Tax Bills Across Grove Hill, Alabama
In Grove Hill, Clarke County, AL, property tax bills are determined by assessing the value of a home and applying the local tax rate. The median home price in Grove Hill is $86,700. Property taxes are calculated based on the assessed value, which is a percentage of the market value of the property. The tax bill varies significantly; for example, the 25th percentile tax bill is $169, while the 75th percentile is $508, and the 90th percentile reaches $766. These figures reflect the range of property values and the corresponding taxes homeowners can expect to pay. Factors influencing the tax bill include the assessed value of the property, local tax rates, and any exemptions for which the homeowner may qualify. In comparison to the national median property tax rate of 0.99%, Grove Hill's property taxes are relatively modest, providing some financial relief to homeowners. Understanding these factors helps homeowners anticipate their property tax liabilities and manage their finances accordingly.
Average Grove Hill Tax Bill
$311
Average Clarke County Tax Bill
$300
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Grove Hill, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36451 | $64 | $169 | $311 | $508 | $766 |
Source: Ownwell