Camp Hill, Alabama Property Taxes
The median property tax rate in Camp Hill, Alabama is 0.37%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Camp Hill at $102,820, the typical annual property tax bill comes to $448, which is well below the national median of $2,690. Property taxes in Camp Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Camp Hill'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 Camp Hill 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
Camp Hill, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$380
$353
Ownwell’s Camp Hill Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Camp Hill with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Camp Hill to provide an estimate of your property tax bill. This valuable tool offers insights into potential tax liabilities, helping you plan your finances effectively. For those interested in more detailed trends on a neighborhood level, additional localized information is available below. Your property's assessed value, determined by Chambers County, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Camp Hill, Alabama
Property taxes in Camp Hill, Alabama, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Camp Hill is 0.33%, significantly lower than both the Alabama state median of 0.40% and the U.S. national median of 0.99%. Local government entities within Camp Hill set these rates annually, and they can vary across different neighborhoods. Each year, Camp Hill 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 Camp Hill'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 Camp Hill provides valuable insights into the varying tax landscape across Tallapoosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camp Hill Tax Rate
0.37%
Average Chambers County Tax Rate
0.43%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camp Hill, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36850 | 0.17% | 0.29% | 0.37% | 0.58% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Camp Hill, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Camp Hill, 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 local appraisal authorities 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 Camp Hill, 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 in Camp Hill is $102,820, with tax bills ranging from $251 at the 25th percentile to $1,235 at the 90th percentile. The highest and lowest median tax bills are both $448, found in the 36850 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Camp Hill Assessed Value
$102,820
Average Chambers County Assessed Value
$84,510
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camp Hill, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36850 | $39,774 | $55,455 | $102,820 | $241,135 | $404,538 |
Source: Ownwell
Property Tax Bills Across Camp Hill, Alabama
In Camp Hill, located in Chambers County, AL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. For homeowners, the assessed value is determined by the county tax assessor and takes into account various factors such as the property's size, location, and condition. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Homeowners in Camp Hill can expect varying tax bills, with the 25th percentile paying around $251 and the 75th percentile paying approximately $830. For those in the 90th percentile, tax bills can reach up to $1,235. These figures highlight the range of property tax burdens within the area. Compared to the national median property tax rate of 0.99%, Camp Hill's property taxes can be considered relatively moderate, offering some relief to homeowners while still contributing to local services and infrastructure.
Average Camp Hill Tax Bill
$448
Average Chambers County Tax Bill
$448
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Camp Hill, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36850 | $147 | $251 | $448 | $830 | $1,235 |
Source: Ownwell