Delta, Alabama Property Taxes
The median property tax rate in Delta, Alabama is 0.27%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $81,320 in Delta, the typical annual property tax bill amounts to $200, which is considerably less than the national median of $2,690. Property taxes in Delta are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Navigating Delta'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 Delta or another part of the county, understanding the local property tax system is beneficial for 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 helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Delta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Delta 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 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 0.31%, which is significantly lower than 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, 36532 has the highest median property tax rate of 0.43%, while 35010 has the lowest median tax rate of 0.19%. Understanding how these cities compare with Delta provides valuable insights into the varying tax landscape across Clay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Delta Tax Rate
0.27%
Average Clay County Tax Rate
0.28%
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 | 0.13% | 0.20% | 0.27% | 0.31% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Delta, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Delta, 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 Clay 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. The highest median tax bill in Delta is $200.00 in the zip code 36258, while the lowest median tax bill is also $200.00 in the same 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 Delta Assessed Value
$81,320
Average Clay County Assessed Value
$72,990
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 | $25,608 | $47,230 | $81,320 | $145,600 | $210,000 |
Source: Ownwell
Property Tax Bills Across Delta, Alabama
In Delta, located in Clay County, Alabama, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Delta is $81,320, and the property tax rate is applied to this assessed value to determine the tax bill. Various factors influence this calculation, including the property's location, size, and any applicable exemptions. Homeowners in Delta experience a range of tax bills, with the 25th percentile at $111 and the 75th percentile at $364, while the 90th percentile reaches $560. These figures reflect the variability in property values and assessments within the city. Compared to the national median property tax rate of 0.99%, Delta's rates can be considered relatively moderate. Understanding how these taxes are calculated helps homeowners budget for their annual expenses and can influence decisions about buying or selling property. Accurate assessments and fair tax rates are crucial for maintaining community services and infrastructure while ensuring homeowners are not overburdened.
Average Delta Tax Bill
$200
Average Clay County Tax Bill
$201
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 | $51 | $111 | $200 | $364 | $560 |
Source: Ownwell