Hueytown, Alabama Property Taxes
The median property tax rate in Hueytown, AL is 1.37%, considerably higher than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Hueytown at $39,850, the typical annual property tax bill reaches $548, which is significantly lower than the national median of $2,690. Property taxes in Hueytown 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 Hueytown'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 Hueytown 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
Hueytown, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$546
Ownwell’s Hueytown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hueytown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hueytown 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 Hueytown, Alabama
Property taxes in Hueytown, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hueytown is 0.33%, significantly lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within Hueytown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hueytown 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 Hueytown's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35023 zip code has the highest median property tax rate of 0.33%, while the same 35023 zip code has the lowest median tax rate of 0.33%. Understanding how these cities compare with Hueytown 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 Hueytown Tax Rate
1.37%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hueytown, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35023 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Hueytown, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hueytown, Jefferson County, Alabama. 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 local appraisal authorities 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 Hueytown, 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 Hueytown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $548.00, specifically in the 35023 zip code.
Average Hueytown Assessed Value
$39,850
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 Hueytown, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35023 | $36,610 | $37,825 | $39,850 | $41,875 | $43,090 |
Source: Ownwell
Property Tax Bills Across Hueytown, Alabama
In Hueytown, Jefferson County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local assessment rates and tax rates set by various taxing authorities are applied to determine the final tax bill. The median home price in Hueytown is $39,850, and property taxes here are relatively modest compared to the national median property tax rate of 0.99%. For example, the 25th percentile tax bill stands at $520, while the 75th percentile tax bill is $575, and the 90th percentile tax bill reaches $592. This means that most homeowners in Hueytown can expect to pay within this range, providing an affordable living environment. The highest and lowest median tax bills in the area are both $548, indicating a consistent tax rate across different properties. Homeowners benefit from understanding these factors as they influence overall affordability and long-term financial planning.
Average Hueytown Tax Bill
$548
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Hueytown, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35023 | $503 | $520 | $548 | $575 | $592 |
Source: Ownwell