Pinckard, Alabama Property Taxes
The median property tax rate in Pinckard, AL is 0.36%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $109,500 in Pinckard, the typical annual property tax bill is $518, which is well below the national median of $2,690. Property taxes in Pinckard are calculated based on the assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Pinckard'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 Pinckard or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pinckard, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.36%
Estimate Property Tax Bill
$394
Ownwell’s Pinckard Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Pinckard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinckard 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 Pinckard, Alabama
Property taxes in Pinckard, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pinckard is 0.36%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Pinckard set these rates annually, and they can vary considerably across different neighborhoods. Each year, Pinckard 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 Pinckard's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the state can be found in certain areas, while other regions have rates that are significantly lower. Understanding how these cities compare with Pinckard provides valuable insights into the varying tax landscape across Dale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pinckard Tax Rate
0.36%
Average Dale County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinckard, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36350 | 0.29% | 0.34% | 0.36% | 0.65% | 0.79% |
| 36371 | 0.28% | 0.29% | 0.32% | 0.35% | 0.36% |
Source: Ownwell
Property Tax Assessment Values Across Pinckard, Alabama
In Pinckard, 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 Dale 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 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 Pinckard helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Pinckard is $516.00 in the 36350 zip code, while the lowest is $482.00 in the 36371 zip code.
Average Pinckard Assessed Value
$109,500
Average Dale County Assessed Value
$110,690
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pinckard, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36350 | $45,660 | $73,620 | $110,780 | $183,520 | $271,180 |
| 36371 | $68,030 | $88,365 | $134,690 | $166,600 | $190,970 |
Source: Ownwell
Property Tax Bills Across Pinckard, Alabama
In Pinckard, located in Dale County, AL, property tax bills are a crucial aspect of homeownership. The tax bill is determined by assessing the property's value, which is then multiplied by the local tax rate. For instance, with a median home price of $109,500, homeowners can expect varying tax bills depending on the assessed value and applicable exemptions. Factors influencing the tax bill include the property's assessed value and any eligible exemptions that might reduce the taxable amount. In Pinckard, the 25th percentile tax bill is around $298, while the 75th percentile tax bill can reach up to $754. The 90th percentile tax bill peaks at $1061, indicating a range of property tax burdens within the city. Comparatively, the highest median tax bill in the region is $516 in ZIP code 36350, while the lowest is $482 in ZIP code 36371. These figures highlight the variability in tax obligations, affecting homeowners differently based on their property's assessed value and location within the county.
Average Pinckard Tax Bill
$518
Average Dale County Tax Bill
$497
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinckard, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36350 | $213 | $303 | $516 | $757 | $1,063 |
| 36371 | $264 | $327 | $482 | $610 | $628 |
Source: Ownwell