Repton, Alabama Property Taxes
The median property tax rate in Repton, AL 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 Repton being $85,760, the typical annual property tax bill amounts to $261, which is well below the national median of $2,690. Property taxes in Repton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Repton'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 Repton 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
Repton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$257
$239
Ownwell’s Repton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Repton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Repton 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 Repton, Alabama
Property taxes in Repton, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Repton is 0.30%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Repton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Repton 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 Repton'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 found in zip code 35203 with a rate of 0.66%, while the lowest median tax rate is in zip code 35005 at 0.33%. Understanding how these cities compare with Repton provides valuable insights into the varying tax landscape across Conecuh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Repton Tax Rate
0.30%
Average Conecuh County Tax Rate
0.34%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Repton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36475 | 0.15% | 0.23% | 0.30% | 0.36% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Repton, Alabama
In Repton, 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 Conecuh 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 Repton, 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. For instance, the highest median tax bill in Repton is $261 in the 36475 zip code, which is also the lowest median 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 Repton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Repton Assessed Value
$85,760
Average Conecuh County Assessed Value
$80,780
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Repton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36475 | $28,160 | $45,900 | $85,760 | $142,620 | $211,336 |
Source: Ownwell
Property Tax Bills Across Repton, Alabama
In Repton, located in Conecuh County, AL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The tax rate applied to this assessed value determines the annual property tax bill. Homeowners in Repton can expect property tax bills to vary significantly depending on the value of their homes. For instance, the 25th percentile tax bill in Repton is $132, while the 75th percentile tax bill is $443. At the higher end, the 90th percentile tax bill reaches $697. These taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Repton's tax bills are relatively modest, reflecting the lower median home price of $85,760 in the area. Homeowners need to be aware of these factors as they directly impact their annual financial obligations and the value they receive from local services.
Average Repton Tax Bill
$261
Average Conecuh County Tax Bill
$297
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Repton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36475 | $58 | $132 | $261 | $443 | $697 |
Source: Ownwell