De Armanville, Alabama Property Taxes
The median property tax rate in De Armanville, AL is 0.40%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $210,820 in De Armanville, the typical annual property tax bill amounts to $840, which is well below the national median of $2,690. Property taxes in De Armanville 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. Navigating De Armanville'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 De Armanville or another part of Calhoun County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
De Armanville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$843
$783
Ownwell’s De Armanville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in De Armanville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in De Armanville 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 De Armanville, Alabama
Property taxes in De Armanville, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in De Armanville is 0.31%, which is lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within De Armanville set these rates annually, and they can vary significantly across different neighborhoods. Each year, De Armanville 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 De Armanville'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 0.66%, while the lowest median tax rate is 0.20%. Understanding how these cities compare with De Armanville provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average De Armanville Tax Rate
0.40%
Average Calhoun County Tax Rate
0.44%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across De Armanville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36257 | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across De Armanville, Alabama
In De Armanville, 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 Calhoun 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 De Armanville, 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 De Armanville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $840, notably in zip code 36257.
Average De Armanville Assessed Value
$210,820
Average Calhoun County Assessed Value
$121,640
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across De Armanville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36257 | $210,820 | $210,820 | $210,820 | $210,820 | $210,820 |
Source: Ownwell
Property Tax Bills Across De Armanville, Alabama
In De Armanville, Calhoun County, AL, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the home. For example, if the median home price in De Armanville is $210,820, the tax bill would be calculated as a fraction of this amount. Local tax rates are applied to the assessed value to determine the final tax bill. In De Armanville, the median property tax bill stands at $840, which is considerably lower than the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. For homeowners, understanding these factors is crucial as they directly impact annual expenses. Lower property taxes in De Armanville can make homeownership more affordable compared to other regions, especially for those on a budget.
Average De Armanville Tax Bill
$840
Average Calhoun County Tax Bill
$571
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across De Armanville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36257 | $840 | $840 | $840 | $840 | $840 |
Source: Ownwell