Plantersville, Alabama Property Taxes
The median property tax rate in Plantersville, Alabama is 0.26%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $99,400 in Plantersville, the typical annual property tax bill amounts to $272, which is well below the national median of $2,690. Property taxes in Plantersville are determined based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Plantersville'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 Plantersville or another part of Autauga County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Plantersville, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Plantersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plantersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plantersville 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 Plantersville, Alabama
Property taxes in Plantersville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plantersville is 0.26%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Plantersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plantersville 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 Plantersville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the state can be found in certain zip codes, while other areas have some of the lowest median tax rates. Understanding how these cities compare with Plantersville 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 Plantersville Tax Rate
0.26%
Average Autauga County Tax Rate
0.29%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plantersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36758 | 0.19% | 0.23% | 0.26% | 0.27% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Plantersville, Alabama
In Plantersville, 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 Plantersville, 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 Plantersville is $99,400, with annual tax bills ranging from $166 at the 25th percentile to $587 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 36758, at $272. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plantersville Assessed Value
$99,400
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 Plantersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36758 | $36,580 | $62,300 | $99,400 | $150,250 | $255,640 |
Source: Ownwell
Property Tax Bills Across Plantersville, Alabama
In Plantersville, Autauga County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Plantersville is $99,400. The property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, improvements, and exemptions can influence the final tax amount. For instance, the tax bill at the 25th percentile is $166, while at the 75th percentile, it rises to $422. At the 90th percentile, homeowners might see a tax bill of around $587. These property tax bills directly affect homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the rates in Plantersville offer a relatively affordable tax burden, making it a potentially attractive area for homebuyers looking for lower property taxes.
Average Plantersville Tax Bill
$272
Average Autauga County Tax Bill
$598
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Plantersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36758 | $101 | $166 | $272 | $422 | $587 |
Source: Ownwell