Duncanville, Alabama Property Taxes
The median property tax rate in Duncanville, AL is 0.24%, significantly lower than both the national median of 0.99% and Alabama's state median of 0.47%. With the median home value in Duncanville at $127,300, the typical annual property tax bill amounts to $340, far below the national median of $2,690. Property taxes in Duncanville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural land. Navigating Duncanville's property tax system, exploring available exemptions, and finding opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Duncanville or another part of Tuscaloosa County, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Duncanville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.24%
Estimate Property Tax Bill
$306
Ownwell’s Duncanville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Duncanville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Duncanville 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 Duncanville, Alabama
Property taxes in Duncanville, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Duncanville is 0.24%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Duncanville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Duncanville 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 Duncanville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the region is in ZIP code 01125 with a rate of 0.24%, while the lowest median tax rate is also in ZIP code 01125 at 0.24%. Understanding how these cities compare with Duncanville provides valuable insights into the varying tax landscape across Tuscaloosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Duncanville Tax Rate
0.24%
Average Tuscaloosa County Tax Rate
0.46%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Duncanville, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35456 | 0.16% | 0.20% | 0.24% | 0.44% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Duncanville, Alabama
In Duncanville, 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 Tuscaloosa 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 Duncanville, 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. For example, Duncanville's 25th percentile tax bill is $186, while the 75th percentile tax bill is $564. The highest median tax bill in the area is $340 in the 35456 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Duncanville Assessed Value
$127,300
Average Tuscaloosa County Assessed Value
$160,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Duncanville, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35456 | $34,800 | $65,850 | $127,300 | $187,125 | $284,050 |
Source: Ownwell
Property Tax Bills Across Duncanville, Alabama
In Duncanville, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the assessed value, including the home's location, size, and condition. For homeowners in Duncanville, the median home price is $127,300. Tax bills can vary significantly, with the 25th percentile at $186 and the 75th percentile at $564, while the 90th percentile reaches $820. The highest median tax bill in the county is $340, which is relatively low compared to the national median property tax rate of 0.99%. Understanding these factors is crucial for homeowners, as they directly impact the amount owed in property taxes each year. Lower tax bills can make homeownership more affordable, but it’s essential to stay informed about any changes in property assessments or tax rates that could affect future bills.
Average Duncanville Tax Bill
$340
Average Tuscaloosa County Tax Bill
$736
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Duncanville, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35456 | $73 | $186 | $340 | $564 | $820 |
Source: Ownwell