Jackson, Alabama Property Taxes
The median property tax rate in Jackson, AL is 0.34%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Jackson at $87,350, the typical annual property tax bill is $321, far below the national median of $2,690. Property taxes in Jackson 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 Jackson'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 Jackson 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
Jackson, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.34%
Estimate Property Tax Bill
$297
Ownwell’s JACKSON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in JACKSON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in JACKSON 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 Jackson, Alabama
Property taxes in Jackson, Alabama, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jackson is 0.34%, significantly lower than both the Alabama state median of 0.41% and the U.S. national median of 0.99%. Local government entities within Jackson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jackson 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 Jackson's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the county is 0.41%, while the lowest median tax rate is 0.29%. Understanding how these cities compare with Jackson provides valuable insights into the varying tax landscape across Clarke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jackson Tax Rate
0.34%
Average Clarke County Tax Rate
0.33%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36545 | 0.22% | 0.29% | 0.34% | 0.65% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, Alabama
In Jackson, 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 Clarke County 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 Jackson, 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 Jackson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Jackson, the highest median tax bill is $321.00 in the 36545 zip code, while the lowest median tax bill is also $321.00 in the same zip code.
Average Jackson Assessed Value
$87,350
Average Clarke County Assessed Value
$83,100
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36545 | $20,110 | $47,800 | $87,350 | $138,500 | $197,100 |
Source: Ownwell
Property Tax Bills Across Jackson, Alabama
In Jackson, Clarke County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Jackson is $87,350. Property tax rates are applied to the assessed value to determine the tax bill. Factors such as property location, size, and use can influence the assessed value. Homeowners in Jackson typically see tax bills ranging from the 25th percentile at $175 to the 75th percentile at $514, with the 90th percentile reaching up to $750. The highest and lowest median tax bills in the area are both $321, indicating a level of consistency in tax assessments within the zip code 36545. Compared to the national median property tax rate of 0.99%, Jackson’s rates provide a relatively affordable option for homeowners. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances effectively.
Average Jackson Tax Bill
$321
Average Clarke County Tax Bill
$300
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36545 | $68 | $175 | $321 | $514 | $750 |
Source: Ownwell