Stapleton, Alabama Property Taxes
The median property tax rate in Stapleton, AL is 0.28%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Stapleton at $192,300, the typical annual property tax bill reaches $550, significantly below the national median of $2,690. Property taxes in Stapleton 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 Stapleton'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 Stapleton 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
Stapleton, 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 Stapleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stapleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stapleton 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 Baldwin County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Stapleton, Alabama
Property taxes in Stapleton, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stapleton is 0.28%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Stapleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stapleton 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 Stapleton's effective property tax rate to other counties in Alabama and the national median. Understanding how Stapleton compares with other cities in Baldwin County provides valuable insights into the varying tax landscape across the region, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stapleton 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 Stapleton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36578 | 0.19% | 0.26% | 0.28% | 0.30% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Stapleton, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Stapleton, Alabama. The market value represents 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 Stapleton, 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 is $192,300, with tax bills ranging from $305 at the 25th percentile to $1,098 at the 90th percentile. Interestingly, the zip code 36578 has both the highest and lowest median tax bills at $550. 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 Stapleton Assessed Value
$192,300
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 Stapleton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36578 | $60,800 | $111,650 | $192,300 | $268,050 | $351,400 |
Source: Ownwell
Property Tax Bills Across Stapleton, Alabama
In Stapleton, Baldwin County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the Baldwin County Property Appraiser’s Office. The assessed value is a percentage of the market value of the property. Homeowners in Stapleton can expect property tax bills that vary significantly depending on their property's assessed value and applicable exemptions. For instance, the 25th percentile of tax bills is around $305, while the 75th percentile reaches $808, and the 90th percentile can go up to $1,098. These property tax bills directly impact homeowners by influencing their overall housing costs. Compared to the national median property tax rate of 0.99%, Stapleton's property taxes can be considered relatively moderate. However, the specific amount each homeowner pays will depend on the assessed value of their property and any exemptions they may qualify for. Understanding these factors is crucial for homeowners to effectively manage their property expenses.
Average Stapleton Tax Bill
$550
Average Baldwin County Tax Bill
$967
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Stapleton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36578 | $164 | $305 | $550 | $808 | $1,098 |
Source: Ownwell