Jones, Alabama Property Taxes
The median property tax rate in Jones, AL is 0.27%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Jones at $98,000, the typical annual property tax bill is $253, far below the national median of $2,690. Property taxes in Jones 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 Jones'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 Jones 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
Jones, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.27%
Estimate Property Tax Bill
$265
$246
Ownwell’s JONES Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in JONES with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in JONES 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 Jones, Alabama
Property taxes in JONES, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in JONES is 0.27%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within JONES set these rates annually, and they can vary significantly across different neighborhoods. Each year, JONES 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 JONES's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama is 0.66%, while the lowest median tax rate is 0.16%. Understanding how these cities compare with JONES provides valuable insights into the varying tax landscape across Autauga County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jones Tax Rate
0.27%
Average Autauga County Tax Rate
0.29%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jones, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36749 | 0.19% | 0.23% | 0.27% | 0.28% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Jones, Alabama
In Jones, 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 Autauga 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 Jones, 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 Jones helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Jones is $253, found in the 36749 zip code, while the lowest median tax bill is also $253 in the same zip code.
Average Jones Assessed Value
$98,000
Average Autauga County Assessed Value
$189,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jones, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36749 | $27,760 | $58,400 | $98,000 | $163,750 | $240,200 |
Source: Ownwell
Property Tax Bills Across Jones, Alabama
In Jones, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. The median home price in the area is $98,000. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property improvements and changes in market conditions can influence the assessed value. For homeowners in Jones, the property tax bills vary significantly. The 25th percentile tax bill is $136, while the 75th percentile tax bill is $477, and the 90th percentile tax bill reaches $633. The highest median tax bill in the county is $253, found in the zip code 36749. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Jones to understand how local rates and assessments impact their annual tax obligations. This variation in tax bills can affect household budgeting and long-term financial planning for property owners.
Average Jones Tax Bill
$253
Average Autauga County Tax Bill
$598
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Jones, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36749 | $66 | $136 | $253 | $477 | $633 |
Source: Ownwell