Sunflower, Alabama Property Taxes
The median property tax rate in Sunflower, Alabama is 0.30%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Sunflower at $58,900, the typical annual property tax bill amounts to $215, which is well below the national median of $2,690. Property taxes in Sunflower are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Sunflower'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 Sunflower 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
Sunflower, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$177
Ownwell’s SUNFLOWER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SUNFLOWER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SUNFLOWER 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 Sunflower, Alabama
Property taxes in Sunflower, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sunflower is 0.30%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Sunflower set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sunflower 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 Sunflower's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama is 0.66%, while the lowest median tax rate is 0.14%. Understanding how these cities compare with Sunflower provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sunflower Tax Rate
0.30%
Average Washington County Tax Rate
0.30%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sunflower, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36581 | 0.18% | 0.24% | 0.30% | 0.32% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Sunflower, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Sunflower, 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 Washington 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. Assessment notices in Sunflower 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 Sunflower 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 $215.00, found in the 36581 zip code.
Average Sunflower Assessed Value
$58,900
Average Washington County Assessed Value
$82,400
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sunflower, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36581 | $21,000 | $33,950 | $58,900 | $101,775 | $228,170 |
Source: Ownwell
Property Tax Bills Across Sunflower, Alabama
In Sunflower, Washington County, Alabama, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine your annual property tax bill. For instance, with a median home price of $58,900, homeowners can expect varying tax bills depending on their property's assessed value and the applicable tax rate. Factors such as the property's location within the county and any applicable exemptions can significantly influence the final tax amount. For example, the 25th percentile tax bill in Sunflower is around $85, while the 75th percentile reaches approximately $283. At the higher end, the 90th percentile tax bill can be as much as $570. These variations highlight how different factors, including property value assessments and local tax rates, impact homeowners' financial obligations. Compared to the national median property tax rate of 0.99%, Sunflower's property tax rates provide a relatively affordable option for homeowners, making it a financially attractive place to own property.
Average Sunflower Tax Bill
$215
Average Washington County Tax Bill
$215
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Sunflower, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36581 | $56 | $85 | $215 | $283 | $570 |
Source: Ownwell