Pisgah, Alabama Property Taxes
The median property tax rate in Pisgah, Alabama is 0.28%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Pisgah at $93,900, the typical annual property tax bill reaches $278, significantly below the national median of $2,690. Property taxes in Pisgah 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 Pisgah'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 Pisgah or another part of Jackson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pisgah, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$263
Ownwell’s Pisgah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pisgah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pisgah 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 Pisgah, Alabama
Property taxes in Pisgah, Alabama, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pisgah is 0.22%, significantly lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within Pisgah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pisgah 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 Pisgah's effective property tax rate to other counties in Alabama and the national median. For comparison, 35203 has the highest median property tax rate of 0.66%, while 36749 has the lowest median tax rate of 0.16%. Understanding how these cities compare with Pisgah 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 Pisgah 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 Pisgah, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35765 | 0.18% | 0.23% | 0.28% | 0.34% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Pisgah, Alabama
In Pisgah, 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 Pisgah, 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 Pisgah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Pisgah are both $278, found in the zip code 35765.
Average Pisgah Assessed Value
$93,900
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 Pisgah, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35765 | $27,800 | $52,725 | $93,900 | $160,000 | $239,270 |
Source: Ownwell
Property Tax Bills Across Pisgah, Alabama
In Pisgah, located in Jackson County, Alabama, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Pisgah is $93,900. Homeowners in this area can expect their property tax bills to vary significantly, with amounts ranging from $142 at the 25th percentile to $732 at the 90th percentile. The highest median tax bill in the region is $278, which is notably lower than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. These elements collectively determine the financial responsibility of homeowners, affecting their annual budgeting and long-term financial planning. Lower property taxes in Pisgah can be an attractive feature for potential homeowners, offering a more affordable living situation compared to areas with higher tax rates. This affordability can make a substantial difference in the overall cost of homeownership in the region.
Average Pisgah Tax Bill
$278
Average Jackson County Tax Bill
$375
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Pisgah, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35765 | $70 | $142 | $278 | $494 | $732 |
Source: Ownwell