Delta, Alabama Property Taxes
The median property tax rate in Delta, AL is 0.32%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Delta at $114,857, the typical annual property tax bill is $384, well below the national median of $2,690. Property taxes in Delta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Delta'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 Delta 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
Delta, 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 Delta Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Delta. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Delta to provide an accurate estimate of your property tax bill. This valuable resource helps you understand your potential tax liabilities with ease. For those interested in more detailed insights, our tool also offers trends at the neighborhood level. Your property’s assessed value, determined by the county, is used for these calculations and considers any applicable exemptions.
Property Tax Rates Across Delta, Alabama
Property taxes in Delta, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Delta is 0.32%, which is lower than both the Alabama state median of 0.41% and the U.S. national median of 0.99%. Local government entities within Delta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delta 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 Delta's effective property tax rate to other counties in Alabama and the national median. For comparison, 35007 has the highest median property tax rate of 0.77%, while 36502 has the lowest median tax rate of 0.16%. Understanding how these cities compare with Delta provides valuable insights into the varying tax landscape across Randolph County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Delta Tax Rate
0.32%
Average Randolph County Tax Rate
0.32%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delta, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36258 | 0.23% | 0.27% | 0.32% | 0.52% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Delta, Alabama
In Delta, 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 Randolph 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 Delta, 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 Delta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 36258 with $384, while the same zip code also has the lowest median tax bill at $384.
Average Delta Assessed Value
$114,857
Average Randolph County Assessed Value
$99,646
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delta, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36258 | $56,285 | $71,645 | $114,857 | $177,729 | $286,420 |
Source: Ownwell
Property Tax Bills Across Delta, Alabama
In Delta, Randolph County, AL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Delta is $114,857, and property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, leading to variations in tax bills among homeowners. For instance, the tax bill for homes in the 25th percentile is around $231, while those in the 75th percentile see bills of approximately $597. Homeowners in the 90th percentile face tax bills up to $954. The highest and lowest median tax bills in Delta both stand at $384, indicating a relatively consistent property tax environment within this zip code. Compared to the national median property tax rate of 0.99%, Delta's rates offer a more affordable option for homeowners. Understanding these factors can help homeowners anticipate their annual property tax obligations and manage their finances more effectively.
Average Delta Tax Bill
$384
Average Randolph County Tax Bill
$364
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Delta, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36258 | $134 | $231 | $384 | $597 | $954 |
Source: Ownwell