Brighton, Alabama Property Taxes
The median property tax rate in Brighton, Alabama is 1.19%, considerably higher than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Brighton, the typical annual property tax bill reaches $364, which is significantly lower than the national median of $2,690. Property taxes in Brighton 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 Brighton'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 Brighton 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
Brighton, 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 Brighton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brighton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brighton 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 Brighton, Alabama
Property taxes in Brighton, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brighton is 1.19%, notably higher than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Brighton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brighton 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 Brighton's effective property tax rate to other areas in Alabama and the national median. For comparison, the 35020 zip code has the highest median property tax rate of 1.19%, while the 35020 zip code also has the lowest median tax rate of 1.19%. Understanding how these areas compare with Brighton provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brighton Tax Rate
1.19%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brighton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35020 | 0.47% | 0.54% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Brighton, Alabama
In Brighton, 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 Jefferson 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 Brighton, 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 Brighton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $364 in the 35020 zip code, while the lowest median tax bill is also $364 in the same zip code.
Average Brighton Assessed Value
$39,400
Average Jefferson County Assessed Value
$150,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brighton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35020 | $11,900 | $23,750 | $39,400 | $56,700 | $76,720 |
Source: Ownwell
Property Tax Bills Across Brighton, Alabama
In Brighton, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Brighton, the median home price is $39,400. Tax bills can vary significantly, with the 25th percentile at $218 and the 75th percentile at $528, while the 90th percentile reaches up to $726. These tax bills are influenced by several factors, including the property's market value, any applicable exemptions, and the local tax rate set by Jefferson County. Compared to the national median property tax rate of 0.99%, Brighton's tax bills may seem modest, yet they can still have a considerable impact on homeowners' finances. Understanding these factors can help homeowners better anticipate their annual tax obligations and manage their budgets accordingly.
Average Brighton Tax Bill
$364
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Brighton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35020 | $133 | $218 | $364 | $528 | $726 |
Source: Ownwell