Hayden, Alabama Property Taxes
The median property tax rate in Hayden, Alabama is 0.47%, which is notably lower than the national median of 0.99% and aligns with the Alabama state median of 0.47%. With the median home value in Hayden at $152,200, the typical annual property tax bill amounts to $710, significantly less than the national median of $2,690. Property taxes in Hayden are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Hayden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Hayden or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hayden, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$715
Ownwell’s Hayden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hayden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hayden 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 Hayden, Alabama
Property taxes in Hayden, Alabama, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Hayden is 0.47%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Hayden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hayden 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 Hayden's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35079 zip code has the highest median property tax rate of 0.47%, while the same zip code also has the lowest median tax rate of 0.47%. Understanding how these cities compare with Hayden 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 Hayden Tax Rate
0.47%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hayden, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35079 | 0.42% | 0.46% | 0.47% | 0.48% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Hayden, Alabama
In Hayden, 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 Hayden, 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 Hayden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $710 in zip code 35079, while the lowest is also $710 in the same zip code, showing a consistent tax environment within the region.
Average Hayden Assessed Value
$152,200
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 Hayden, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35079 | $53,300 | $129,000 | $152,200 | $261,475 | $278,150 |
Source: Ownwell
Property Tax Bills Across Hayden, Alabama
Property tax bills in Hayden, Jefferson County, AL, are calculated based on the assessed value of the property. The assessed value is typically a percentage of the market value of the home. For instance, with a median home price of $152,200, the property tax rate is applied to this assessed value to determine the tax bill. Several factors influence this calculation, including the property's location, size, and any applicable exemptions. In Hayden, the property tax bills vary significantly, with the 25th percentile at $483 and the 75th percentile reaching $975. At the 90th percentile, homeowners might pay as much as $1,358. These figures reflect how property taxes can impact household budgets, especially when compared to the national median property tax rate of 0.99%. Homeowners in Hayden, therefore, need to be aware of these rates to manage their finances effectively. The highest and lowest median tax bills in the area both stand at $710, indicating some uniformity within certain zip codes.
Average Hayden Tax Bill
$710
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Hayden, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35079 | $227 | $483 | $710 | $975 | $1,358 |
Source: Ownwell