Samson, Alabama Property Taxes
The median property tax rate in Samson, AL is 0.32%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $81,350 in Samson, the typical annual property tax bill is $280, well below the national median of $2,690. Property taxes in Samson are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Samson'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 Samson or another part of Geneva County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Samson, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$260
Ownwell’s Samson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Samson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Samson 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 Samson, Alabama
Property taxes in Samson, Alabama, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Samson is 0.32%, significantly lower than the U.S. national median of 0.99%. Local government entities within Samson set these rates annually, and they can vary across different neighborhoods. Each year, Samson 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 Samson's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the region is significantly higher than Samson's rate, while the lowest median tax rate is also higher than Samson's 0.32%. Understanding how these cities compare with Samson provides valuable insights into the varying tax landscape across Geneva County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Samson Tax Rate
0.32%
Average Geneva County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Samson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36477 | 0.16% | 0.23% | 0.32% | 0.64% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Samson, Alabama
In Samson, 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 Geneva 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 Samson, 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 Samson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $280.00, found in the zip code 36477.
Average Samson Assessed Value
$81,350
Average Geneva County Assessed Value
$100,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Samson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36477 | $22,100 | $43,825 | $81,350 | $151,300 | $255,600 |
Source: Ownwell
Property Tax Bills Across Samson, Alabama
In Samson, located in Geneva County, AL, property tax bills are calculated based on the assessed value of a property. The tax rate in this area is applied to the assessed value, which is a percentage of the market value of the property. For homeowners, several factors influence the final tax bill, including the property's market value, local tax rates, and any applicable exemptions or deductions. The median home price in Samson is $81,350. Homeowners in the 25th percentile typically see tax bills around $141, while those in the 75th percentile face bills closer to $502. At the 90th percentile, tax bills can reach up to $778. The median tax bill in the area is $280, which is relatively low compared to the national median property tax rate of 0.99%. These property taxes fund essential local services, such as schools, public safety, and infrastructure, directly impacting the quality of life for Samson residents. Understanding how these factors interplay helps homeowners better anticipate their annual tax obligations.
Average Samson Tax Bill
$280
Average Geneva County Tax Bill
$373
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Samson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36477 | $64 | $141 | $280 | $502 | $778 |
Source: Ownwell