Ariton, Alabama Property Taxes
The median property tax rate in Ariton, AL is 0.29%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $77,400 in Ariton, the typical annual property tax bill is $243, far below the national median of $2,690. Property taxes in Ariton are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ariton’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 Ariton 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
Ariton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$224
Ownwell’s Ariton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ariton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ariton 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 Ariton, Alabama
Property taxes in Ariton, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ariton is 0.29%, notably lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Ariton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ariton 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 Ariton'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 found in Jefferson County with a rate of 0.66%, while the lowest median tax rate is in Choctaw County at 0.15%. Understanding how these cities compare with Ariton provides valuable insights into the varying tax landscape across Barbour County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ariton Tax Rate
0.29%
Average Barbour County Tax Rate
0.40%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ariton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36311 | 0.18% | 0.24% | 0.29% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Ariton, Alabama
In Ariton, 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 Barbour 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 Ariton, 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 Ariton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $243 in the 36311 zip code, which is also the lowest median tax bill, highlighting a relatively stable tax environment.
Average Ariton Assessed Value
$77,400
Average Barbour County Assessed Value
$82,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ariton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36311 | $22,920 | $36,500 | $77,400 | $142,500 | $276,740 |
Source: Ownwell
Property Tax Bills Across Ariton, Alabama
In Ariton, located in Barbour County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value. For example, with a median home price of $77,400, the tax bill can vary significantly. Homeowners in the 25th percentile pay around $128, while those in the 75th percentile face bills closer to $475. At the 90th percentile, the tax bill can reach up to $711. These tax bills are influenced by several factors, including the property's assessed value, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, the tax rates in Ariton can be seen as relatively moderate. For homeowners, understanding these variables is crucial as they directly impact the annual financial commitment associated with property ownership.
Average Ariton Tax Bill
$243
Average Barbour County Tax Bill
$360
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Ariton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36311 | $76 | $128 | $243 | $475 | $711 |
Source: Ownwell