Bryant, Alabama Property Taxes
The median property tax rate in Bryant, AL is 0.28%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Bryant, the typical annual property tax bill reaches $306, well below the national median of $2,690. Property taxes in Bryant are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bryant'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 Bryant or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bryant, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$286
Ownwell’s Bryant Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bryant with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bryant 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 Bryant, Alabama
Property taxes in Bryant, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bryant is 0.33%, significantly lower than both the Alabama state median of 0.37% and the U.S. national median of 0.99%. Local government entities within Bryant set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bryant 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 Bryant's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the county is 0.37%, while the lowest median tax rate is 0.33%. Understanding how these cities compare with Bryant provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bryant Tax Rate
0.28%
Average Jackson County Tax Rate
0.31%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bryant, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35958 | 0.19% | 0.24% | 0.28% | 0.32% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Bryant, Alabama
In Bryant, 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 Jackson 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 Bryant, 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. For instance, the median home price in Bryant is $102,150, with tax bills ranging from $153 at the 25th percentile to $816 at the 90th percentile. The highest median tax bill in the region is $306 in the 35958 zip code. By understanding these valuation processes, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Bryant helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bryant Assessed Value
$102,150
Average Jackson County Assessed Value
$104,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bryant, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35958 | $29,970 | $52,550 | $102,150 | $171,900 | $249,040 |
Source: Ownwell
Property Tax Bills Across Bryant, Alabama
In Bryant, located in Jackson County, AL, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county tax assessor and is a percentage of the market value of the property. Factors such as the home's location, size, and condition can influence the assessed value. Homeowners in Bryant can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $153, while the 75th percentile reaches $519, and the 90th percentile can go up to $816. Compared to the national median property tax rate of 0.99%, Bryant's property taxes are relatively moderate, providing some relief to homeowners. These property taxes fund essential local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated and their impact on your budget is crucial for effective financial planning and homeownership in Bryant.
Average Bryant Tax Bill
$306
Average Jackson County Tax Bill
$375
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Bryant, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35958 | $72 | $153 | $306 | $519 | $816 |
Source: Ownwell