Irvington, Alabama Property Taxes
The median property tax rate in Irvington, AL is 0.49%, slightly higher than the Alabama state median of 0.47% but still below the national median of 0.99%. With a median home value in Irvington of $101,400, the typical annual property tax bill amounts to $579, significantly lower than the national median of $2,690. Property taxes in Irvington are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Irvington'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 Irvington 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
Irvington, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$497
$461
Ownwell’s Irvington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Irvington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Irvington 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 Irvington, Alabama
Property taxes in Irvington, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Irvington is 0.49%, which is notably lower than the U.S. national median of 0.99%. Local government entities within Irvington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Irvington 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 Irvington's effective property tax rate to other counties in Alabama and the national median. For comparison, the ZIP code 36544 has the highest median property tax rate of 0.49%, while the lowest median tax rate is also 0.49%. Understanding how these cities compare with Irvington provides valuable insights into the varying tax landscape across Mobile County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Irvington Tax Rate
0.49%
Average Mobile County Tax Rate
0.59%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Irvington, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36544 | 0.42% | 0.45% | 0.49% | 1.00% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Irvington, Alabama
In Irvington, 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 Mobile 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 Irvington, 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. The median home price in the area is $101,400, with tax bills ranging from $355 at the 25th percentile to $1,307 at the 90th percentile. The zip code with the highest and lowest median tax bill is 36544, both at $579. By understanding 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 Irvington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Irvington Assessed Value
$101,400
Average Mobile County Assessed Value
$120,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Irvington, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36544 | $31,480 | $57,950 | $101,400 | $163,500 | $233,920 |
Source: Ownwell
Property Tax Bills Across Irvington, Alabama
In Irvington, Mobile County, AL, property tax bills are calculated based on the assessed value of a home. This assessed value is typically a percentage of the market value, which is determined by the local tax assessor. For instance, if the median home price in Irvington is $101,400, the assessed value would be a fraction of this amount. The tax rate is then applied to the assessed value to determine the final tax bill. Factors such as property size, location, and any improvements or additions can influence the assessed value. For homeowners, understanding these factors is crucial as they directly impact the annual tax bill. In Irvington, the tax bills range significantly, with the 25th percentile at $355 and the 90th percentile at $1,307. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to be aware of local rates and assessments to manage their financial planning effectively.
Average Irvington Tax Bill
$579
Average Mobile County Tax Bill
$779
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Irvington, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36544 | $207 | $355 | $579 | $912 | $1,307 |
Source: Ownwell