Ashville, Alabama Property Taxes
The median property tax rate in Ashville, AL is 0.29%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Ashville, the typical annual property tax bill amounts to $361, far below the national median of $2,690. Property taxes in Ashville are calculated based on the assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Gaining a thorough understanding of Ashville'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 Ashville or another part of St. Clair County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ashville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$357
Ownwell’s Ashville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ashville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashville 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 Ashville, Alabama
Property taxes in Ashville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashville is 0.29%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Ashville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashville 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 Ashville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in a nearby area is 0.45%, while the lowest median tax rate is 0.15%. Understanding how these cities compare with Ashville provides valuable insights into the varying tax landscape across St. Clair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashville Tax Rate
0.29%
Average St. Clair County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35953 | 0.18% | 0.24% | 0.29% | 0.32% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Ashville, Alabama
In Ashville, 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 St. Clair 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 Ashville, 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 median home price in Ashville is $123,060, with tax bills ranging from $158 at the 25th percentile to $944 at the 90th percentile. The zip code 35953 has the highest and lowest median tax bill at $361. 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 Ashville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ashville Assessed Value
$123,060
Average St. Clair County Assessed Value
$169,020
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35953 | $31,409 | $59,548 | $123,060 | $216,650 | $318,016 |
Source: Ownwell
Property Tax Bills Across Ashville, Alabama
In Ashville, located in St. Clair County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. The national median property tax rate is 0.99%, but local rates can vary. For homeowners in Ashville, the median home price is $123,060. Property tax bills can range significantly, with the 25th percentile at $158 and the 75th percentile at $645. The 90th percentile tax bill reaches $944, indicating that some homeowners pay considerably more depending on their property's assessed value and any applicable exemptions. These property taxes fund essential local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated and their impact can help homeowners budget more effectively and take advantage of any potential exemptions to reduce their overall tax burden.
Average Ashville Tax Bill
$361
Average St. Clair County Tax Bill
$648
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35953 | $71 | $158 | $361 | $645 | $944 |
Source: Ownwell