Dauphin Island, Alabama Property Taxes
The median property tax rate in Dauphin Island, AL is 0.89%, which is lower than the national median of 0.99% but significantly higher than the Alabama state median of 0.47%. With the median home value in Dauphin Island at $303,500, the typical annual property tax bill comes to $2,321, which is below the national median of $2,690. Property taxes in Dauphin Island are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Dauphin Island'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 Dauphin Island 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
Dauphin Island, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$2,701
Ownwell’s Dauphin Island Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Dauphin Island. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Dauphin Island to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, making financial planning easier. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Mobile County for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Dauphin Island, Alabama
Property taxes in Dauphin Island, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dauphin Island is 0.89%, slightly lower than the U.S. national median of 0.99%. Local government entities within Dauphin Island set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dauphin Island 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 Dauphin Island's effective property tax rate to other areas in Mobile County and the national median. For comparison, the zip code 36528 has the highest median property tax rate of 0.89%, while the same zip code also has the lowest median tax rate of 0.89%. Understanding how these figures compare with Dauphin Island provides valuable insights into the varying tax landscape across Mobile County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dauphin Island Tax Rate
0.89%
Average Mobile County Tax Rate
0.59%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dauphin Island, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36528 | 0.50% | 0.53% | 0.89% | 1.07% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Dauphin Island, Alabama
In Dauphin Island, 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 Mobile 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 Dauphin Island, 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 Dauphin Island helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 36528 has both the highest and lowest median tax bills, each at $2,321.
Average Dauphin Island Assessed Value
$303,500
Average Mobile County Assessed Value
$120,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dauphin Island, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36528 | $151,300 | $209,150 | $303,500 | $422,850 | $589,100 |
Source: Ownwell
Property Tax Bills Across Dauphin Island, Alabama
In Dauphin Island, located in Mobile County, AL, property tax bills are determined by assessing the value of a property and applying the local tax rate to this assessed value. The median home price in Dauphin Island is $303,500, which serves as a base for calculating property taxes. Homeowners can expect property tax bills to vary significantly, with the 25th percentile tax bill at $1,539 and the 75th percentile reaching $4,070. For those in the 90th percentile, tax bills can climb up to $5,454. These tax bills are influenced by multiple factors, including the property's assessed value, local tax rates, and any applicable exemptions. The highest and lowest median tax bills in the area both stand at $2,321, highlighting a consistent tax environment within the zip code 36528. Compared to the national median property tax rate of 0.99%, Dauphin Island's property tax rates can offer a sense of predictability and stability for homeowners, impacting their overall financial planning and homeownership costs.
Average Dauphin Island Tax Bill
$2,321
Average Mobile County Tax Bill
$779
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Dauphin Island, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36528 | $1,054 | $1,539 | $2,321 | $4,070 | $5,454 |
Source: Ownwell