Andalusia, Alabama Property Taxes
The median property tax rate in Andalusia, AL is 0.33%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Andalusia at $131,720, the typical annual property tax bill is $457, well below the national median of $2,690. Property taxes in Andalusia are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Andalusia'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 Andalusia or another part of Covington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Andalusia, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.33%
Estimate Property Tax Bill
$435
Ownwell’s Andalusia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Andalusia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Andalusia 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 Andalusia, Alabama
Property taxes in Andalusia, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Andalusia is 0.33%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Andalusia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Andalusia 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 Andalusia's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36442 zip code has the highest median property tax rate of 0.43%, while the 36028 zip code has the lowest median tax rate of 0.41%. Understanding how these cities compare with Andalusia provides valuable insights into the varying tax landscape across Covington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Andalusia Tax Rate
0.33%
Average Covington County Tax Rate
0.34%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Andalusia, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36028 | 0.27% | 0.27% | 0.41% | 0.54% | 0.54% |
| 36420 | 0.21% | 0.27% | 0.37% | 0.78% | 0.78% |
| 36421 | 0.18% | 0.23% | 0.27% | 0.41% | 0.54% |
| 36442 | 0.34% | 0.38% | 0.43% | 0.48% | 0.52% |
| 36474 | 0.24% | 0.25% | 0.41% | 0.54% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Andalusia, Alabama
In Andalusia, 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 Covington 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 Andalusia, 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. The median home price in Andalusia is $131,720, with tax bills varying significantly across different zip codes. For instance, the zip code 36028 has the highest median tax bill at $1,192, while the zip code 36442 has the lowest at $165. 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 Andalusia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Andalusia Assessed Value
$131,720
Average Covington County Assessed Value
$114,020
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Andalusia, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36028 | $205,980 | $261,870 | $295,090 | $311,210 | $336,320 |
| 36420 | $37,132 | $63,100 | $110,520 | $183,930 | $284,660 |
| 36421 | $53,230 | $89,410 | $162,280 | $256,515 | $362,660 |
| 36442 | $23,176 | $31,480 | $45,320 | $59,160 | $67,464 |
| 36474 | $14,960 | $29,175 | $94,770 | $138,435 | $157,060 |
Source: Ownwell
Property Tax Bills Across Andalusia, Alabama
In Andalusia, located in Covington County, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including the home's market value, which in Andalusia has a median of $131,720, and the specific tax rate applied by local authorities. Homeowners in Andalusia can expect their property tax bills to vary significantly. For instance, those at the 25th percentile pay around $271 annually, while those at the 75th percentile pay approximately $733. The 90th percentile sees tax bills reaching up to $1,129. These figures compare favorably to the national median property tax rate of 0.99%, highlighting Andalusia's relatively lower tax burden. The property tax bill directly impacts homeowners by influencing their overall housing costs. Lower tax rates can make homeownership more affordable, while higher rates may require more substantial financial planning.
Average Andalusia Tax Bill
$457
Average Covington County Tax Bill
$408
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Andalusia, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36028 | $560 | $716 | $1,192 | $1,663 | $1,809 |
| 36420 | $163 | $276 | $449 | $703 | $1,082 |
| 36421 | $160 | $266 | $466 | $768 | $1,183 |
| 36442 | $109 | $130 | $165 | $199 | $220 |
| 36474 | $81 | $158 | $336 | $359 | $392 |
Source: Ownwell