Ashford, Alabama Property Taxes
The median property tax rate in Ashford, AL is 0.35%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $105,300 in Ashford, the typical annual property tax bill amounts to $413, which is well below the national median of $2,690. Property taxes in Ashford are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. By understanding Ashford's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve substantial annual savings. Whether you're in the heart of Ashford or another part of Houston County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Ashford, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Ashford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ashford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashford 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 Ashford, Alabama
Property taxes in Ashford, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashford is 0.31%, which is significantly lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within Ashford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashford 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 Ashford'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 0.20%. Understanding how these cities compare with Ashford provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashford Tax Rate
0.35%
Average Houston County Tax Rate
0.36%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashford, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36312 | 0.25% | 0.30% | 0.35% | 0.59% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Ashford, Alabama
In Ashford, 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 Houston 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 Ashford, 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 Ashford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ashford is $105,300, with median tax bills ranging from $211 at the 25th percentile to $944 at the 90th percentile. The highest and lowest median tax bill is $413 in zip code 36312.
Average Ashford Assessed Value
$105,300
Average Houston County Assessed Value
$117,800
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashford, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36312 | $24,280 | $56,100 | $105,300 | $173,000 | $262,920 |
Source: Ownwell
Property Tax Bills Across Ashford, Alabama
In Ashford, located in Houston County, AL, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by local tax assessors. Homeowners in Ashford can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $211, while the 75th percentile tax bill reaches up to $637. At the 90th percentile, homeowners might see tax bills as high as $944. The median home price in Ashford is $105,300, which influences the overall tax calculation. Compared to the national median property tax rate of 0.99%, Ashford's rates reflect the local economic conditions and property values. These taxes play a crucial role in funding community services such as schools, infrastructure, and emergency services, directly affecting the quality of life for homeowners. Understanding these factors helps residents anticipate their financial obligations and plan accordingly.
Average Ashford Tax Bill
$413
Average Houston County Tax Bill
$515
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashford, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36312 | $94 | $211 | $413 | $637 | $944 |
Source: Ownwell