Attalla, Alabama Property Taxes
The median property tax rate in Attalla, AL is 0.44%, which is notably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $96,000 in Attalla, the typical annual property tax bill amounts to $456, significantly less than the national median of $2,690. Property taxes in Attalla are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Attalla'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 Attalla or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Attalla, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$422
Ownwell’s Attalla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Attalla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Attalla 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 Attalla, Alabama
Property taxes in Attalla, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Attalla is 0.44%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Attalla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Attalla 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 Attalla's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35954 zip code has the highest median property tax rate of 0.44%, while the same zip code also has the lowest median tax rate of 0.44%. Understanding how these cities compare with Attalla provides valuable insights into the varying tax landscape across Etowah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Attalla Tax Rate
0.44%
Average Etowah County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Attalla, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35954 | 0.29% | 0.34% | 0.44% | 0.82% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Attalla, Alabama
In Attalla, 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 Etowah 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 Attalla, 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 Attalla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Attalla, the highest and lowest median tax bills are both $456.00, occurring in the 35954 zip code. This is significantly lower than the national median property tax rate of 0.99%, making it crucial for homeowners to stay informed and proactive in managing their property taxes.
Average Attalla Assessed Value
$96,000
Average Etowah County Assessed Value
$135,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Attalla, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35954 | $28,200 | $49,100 | $96,000 | $163,125 | $245,850 |
Source: Ownwell
Property Tax Bills Across Attalla, Alabama
In Attalla, located in Etowah County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in this region typically see a tax rate that aligns with the state's overall approach to property taxation. The median home price in Attalla is $96,000, and various percentiles of tax bills reflect this valuation. For instance, the 25th percentile tax bill is $253, while the 75th percentile tax bill is $739, and the 90th percentile tax bill reaches $1,119. These figures indicate a range of tax burdens depending on the specific assessed value of a property. The highest and lowest median tax bills in the area are both recorded at $456 in the 35954 zip code. Compared to the national median property tax rate of 0.99%, homeowners in Attalla experience relatively moderate property tax bills, which can influence their overall financial planning and homeownership costs.
Average Attalla Tax Bill
$456
Average Etowah County Tax Bill
$625
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Attalla, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35954 | $126 | $253 | $456 | $739 | $1,119 |
Source: Ownwell