Bon Secour, Alabama Property Taxes
The median property tax rate in Bon Secour, Alabama is 0.28%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Bon Secour at $155,900, the typical annual property tax bill is $497, well below the national median of $2,690. Property taxes in Bon Secour 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 Bon Secour'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 Bon Secour or another part of Baldwin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bon Secour, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$437
Ownwell’s Bon Secour Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bon Secour with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bon Secour 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 Bon Secour, Alabama
Property taxes in Bon Secour, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bon Secour is 0.28%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Bon Secour set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bon Secour 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 Bon Secour'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 is found in another region with a rate of 0.66%, while another area has the lowest median tax rate of 0.16%. Understanding how these cities compare with Bon Secour provides valuable insights into the varying tax landscape across Baldwin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bon Secour Tax Rate
0.28%
Average Baldwin County Tax Rate
0.33%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bon Secour, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36511 | 0.20% | 0.26% | 0.28% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Bon Secour, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bon Secour, Alabama. 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 Baldwin 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. Assessment notices in Bon Secour 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. For instance, the median home price in Bon Secour is $155,900, with tax bills ranging from $276 at the 25th percentile to $1,281 at the 90th percentile. The zip code with the highest median tax bill is 36511, at $497. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bon Secour Assessed Value
$155,900
Average Baldwin County Assessed Value
$254,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bon Secour, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36511 | $45,160 | $81,450 | $155,900 | $267,650 | $451,980 |
Source: Ownwell
Property Tax Bills Across Bon Secour, Alabama
In Bon Secour, Baldwin County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically represents a percentage of the property's market value. Homeowners in Bon Secour can expect property tax rates to be influenced by various factors, including local government budgets, school district funding requirements, and community services. For example, with a median home price of $155,900, property tax bills in this area can range significantly. The 25th percentile tax bill is around $276, while the 75th percentile tax bill reaches approximately $866. At the higher end, the 90th percentile tax bill can be as much as $1,281. These figures highlight the variability in tax burdens depending on specific property values and local tax rates. Compared to the national median property tax rate of 0.99%, Baldwin County's tax rate results in relatively moderate tax bills, which can have a substantial impact on the financial planning of homeowners. Understanding these factors helps homeowners anticipate their annual tax obligations and budget accordingly.
Average Bon Secour Tax Bill
$497
Average Baldwin County Tax Bill
$967
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Bon Secour, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36511 | $157 | $276 | $497 | $866 | $1,281 |
Source: Ownwell