Orange Beach, Alabama Property Taxes
The median property tax rate in Orange Beach, AL is 0.64%, which is lower than the national median of 0.99% but higher than the Alabama state median of 0.47%. With a median home value of $508,100 in Orange Beach, the typical annual property tax bill comes to $2,386, slightly below the national median of $2,690. Property taxes in Orange Beach are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Orange Beach'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 Orange Beach 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
Orange Beach, 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 Orange Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orange Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orange Beach 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 Orange Beach, Alabama
Property taxes in Orange Beach, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange Beach is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Orange Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orange Beach 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 Orange Beach's effective property tax rate to other regions in Baldwin County and the national median. For comparison, the zip code 36561 has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how Orange Beach compares with other areas 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 Orange Beach Tax Rate
0.64%
Average Baldwin County Tax Rate
0.33%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange Beach, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36561 | 0.28% | 0.32% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Orange Beach, Alabama
In Orange Beach, 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 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. In Orange Beach, 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 Orange Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 36561 has the highest and lowest median tax bill of $2,386.
Average Orange Beach Assessed Value
$508,100
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 Orange Beach, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36561 | $185,650 | $331,800 | $508,100 | $700,400 | $1,118,150 |
Source: Ownwell
Property Tax Bills Across Orange Beach, Alabama
Property tax bills in Orange Beach, located in Baldwin County, AL, are calculated based on the assessed value of the property. The city's tax rate is applied to this assessed value, which is a percentage of the property's market value. For instance, with a median home price of $508,100, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Factors such as property size, location, and improvements can influence the assessed value. In Orange Beach, tax bills can range significantly, with the 25th percentile at $1,388 and the 75th percentile at $3,678. The 90th percentile tax bill can go up to $5,021, illustrating the variability based on property characteristics. Compared to the national median property tax rate of 0.99%, Orange Beach offers competitive rates that can affect homeowners differently. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Orange Beach Tax Bill
$2,386
Average Baldwin County Tax Bill
$967
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange Beach, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36561 | $742 | $1,388 | $2,386 | $3,678 | $5,021 |
Source: Ownwell