Camp Hill, Alabama Property Taxes
The median property tax rate in Camp Hill, Alabama is 0.42%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Camp Hill at $207,760, the typical annual property tax bill reaches $570, well below the national median of $2,690. Property taxes in Camp Hill 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 Camp Hill'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 Camp Hill 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
Camp Hill, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$873
Ownwell’s CAMP HILL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CAMP HILL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CAMP HILL 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 Camp Hill, Alabama
Property taxes in Camp Hill, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camp Hill is 0.42%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Camp Hill set these rates annually, and they can vary across different neighborhoods. Each year, Camp Hill 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 Camp Hill's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 36850 has both the highest and lowest median property tax rate of 0.42%. Understanding how these cities compare with Camp Hill provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camp Hill Tax Rate
0.42%
Average Lee County Tax Rate
0.52%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camp Hill, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36850 | 0.11% | 0.23% | 0.42% | 0.48% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Camp Hill, Alabama
In Camp Hill, 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 Lee 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 Camp Hill, 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 Camp Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $570 in zip code 36850, while the lowest is also $570 in the same zip code.
Average Camp Hill Assessed Value
$207,760
Average Lee County Assessed Value
$237,000
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camp Hill, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36850 | $41,300 | $74,000 | $207,760 | $315,760 | $713,536 |
Source: Ownwell
Property Tax Bills Across Camp Hill, Alabama
In Camp Hill, property tax bills are calculated based on the assessed value of a home, which is determined by the Lee County tax assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Camp Hill face property tax bills that vary significantly, with the 25th percentile paying around $291 and the 75th percentile paying up to $1,284 annually. For those in the 90th percentile, property tax bills can reach as high as $2,410. The median home price in Camp Hill is $207,760, which influences the tax bill. Compared to the national median property tax rate of 0.99%, Camp Hill's property tax rate can be seen as relatively moderate. Factors such as property improvements, neighborhood developments, and changes in market conditions can affect the assessed value, thereby impacting the tax bill. Understanding these factors helps homeowners anticipate their property tax obligations and better manage their financial planning.
Average Camp Hill Tax Bill
$570
Average Lee County Tax Bill
$1,329
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Camp Hill, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36850 | $191 | $291 | $570 | $1,284 | $2,410 |
Source: Ownwell