Sardis, Alabama Property Taxes
The median property tax rate in Sardis, 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 Sardis at $55,600, the typical annual property tax bill is $266, far below the national median of $2,690. Property taxes in Sardis are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sardis'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 Sardis 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
Sardis, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.34%
Estimate Property Tax Bill
$189
Ownwell’s Sardis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sardis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sardis 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 Sardis, Alabama
Property taxes in Sardis, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sardis is 0.32%, significantly lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within Sardis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sardis 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 Sardis's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35203 zip code has the highest median property tax rate of 0.77%, while the 36749 zip code has the lowest median tax rate of 0.2%. Understanding how these cities compare with Sardis provides valuable insights into the varying tax landscape across Dallas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sardis Tax Rate
0.34%
Average Dallas County Tax Rate
0.53%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sardis, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36775 | 0.18% | 0.26% | 0.34% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Sardis, Alabama
In Sardis, 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 Dallas 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 Sardis, 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 Sardis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Sardis is $266, found in zip code 36775, which is also the lowest median tax bill in the area.
Average Sardis Assessed Value
$55,600
Average Dallas County Assessed Value
$65,800
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sardis, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36775 | $12,730 | $32,225 | $55,600 | $124,550 | $224,390 |
Source: Ownwell
Property Tax Bills Across Sardis, Alabama
In Sardis, Dallas County, AL, property tax bills are calculated based on the assessed value of a property. The assessed value is typically a percentage of the property's market value. Homeowners in Sardis can expect their property tax bill to be influenced by several factors including the property's assessed value, the local tax rate, and any applicable exemptions. For instance, the median home price in Sardis is $55,600, and the property tax rate in Dallas County is relatively low compared to the national median property tax rate of 0.99%. The tax bills in Sardis vary significantly, with the 25th percentile tax bill being $101 and the 75th percentile reaching $507. For those in the 90th percentile, the tax bill can go up to $890. The highest median tax bill recorded in the area is $266, which is significantly lower than many other regions in the country. This relatively low property tax burden can make homeownership in Sardis more affordable, allowing homeowners to allocate more of their budget to other expenses.
Average Sardis Tax Bill
$266
Average Dallas County Tax Bill
$361
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Sardis, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36775 | $37 | $101 | $266 | $507 | $890 |
Source: Ownwell