Cherokee County Property Taxes
The median property tax rate in Cherokee County is 0.42%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Cherokee County at $121,000, the typical annual property tax bill is approximately $617, well below the national median of $2,690. Property taxes in Cherokee County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Cherokee County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Centre or another part of Cherokee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cherokee County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$508
Ownwell’s Cherokee County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cherokee County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cherokee County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Cherokee County, Alabama
Property taxes in Cherokee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cherokee County is 0.42%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Cherokee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cherokee County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Leesburg has one of the higher property tax rates in the area at 0.44%, while the city of Collinsville boasts one of the lowest at 0.40%. Analyzing how Cherokee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cherokee County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cherokee County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cedar Bluff | 0.34% | 0.40% | 0.44% | 0.84% | 0.94% |
| Centre | 0.34% | 0.39% | 0.42% | 0.84% | 0.94% |
| Collinsville | 0.23% | 0.33% | 0.40% | 0.84% | 0.84% |
| Fort Payne | 0.28% | 0.35% | 0.42% | 0.84% | 0.84% |
| Gadsden | 0.30% | 0.38% | 0.42% | 0.83% | 0.84% |
| Gaylesville | 0.29% | 0.38% | 0.42% | 0.84% | 0.84% |
| Leesburg | 0.34% | 0.40% | 0.44% | 0.84% | 0.94% |
| Mentone | 0.32% | 0.39% | 0.42% | 0.84% | 0.84% |
| Piedmont | 0.29% | 0.37% | 0.40% | 0.84% | 0.84% |
| Spring Garden | 0.11% | 0.16% | 0.24% | 0.32% | 0.37% |
Source: Ownwell
Property Tax Assessment Values Across Cherokee County, Alabama
In Cherokee County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Cherokee County Appraisal District. The assessed value, however, 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. Assessment notices in Cherokee County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Spring Garden has the highest median tax bill at $768, while Collinsville has the lowest at $302. Being aware of these valuation processes in Cherokee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Cherokee County, Alabama
Source: Ownwell
$71,917
$112,209
$152,500
Average Cherokee County Assessed Value
$121,000
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cherokee County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cedar Bluff | $20,720 | $55,600 | $131,700 | $222,700 | $329,900 |
| Centre | $25,400 | $64,400 | $132,400 | $215,500 | $336,340 |
| Collinsville | $17,786 | $29,200 | $71,917 | $132,777 | $233,120 |
| Fort Payne | $17,440 | $37,952 | $103,600 | $180,800 | $344,740 |
| Gadsden | $8,150 | $32,434 | $87,450 | $173,728 | $263,000 |
| Gaylesville | $20,240 | $41,700 | $96,500 | $174,700 | $258,960 |
| Leesburg | $19,200 | $51,300 | $126,800 | $222,000 | $330,074 |
| Mentone | $22,540 | $51,400 | $152,500 | $257,900 | $352,680 |
| Piedmont | $18,960 | $41,850 | $101,600 | $173,000 | $253,244 |
| Spring Garden | $84,100 | $89,200 | $97,700 | $230,166 | $309,645 |
Source: Ownwell
Property Tax Bills Across Cherokee County, Alabama
In Cherokee County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically represents a percentage of the market value of the property. Homeowners in Cherokee County experience a range of tax bills; for instance, the 25th percentile tax bill is around $288, while the 75th percentile reaches $1,067. Factors influencing these amounts include property size, location, and any applicable exemptions. For a broader perspective, the highest median tax bill in the county is $768 in Spring Garden, whereas Collinsville has the lowest median tax bill at $302. These figures illustrate the variability within the county. Compared to the national median property tax rate of 0.99%, Cherokee County's rates can be relatively moderate, making it an attractive option for homeowners looking for lower property tax burdens. Understanding these factors can help homeowners anticipate their annual expenses and manage their budgets more effectively.
Average Cherokee County Tax Bill
$617
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Cherokee County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cedar Bluff | $123 | $316 | $693 | $1,181 | $1,867 |
| Centre | $148 | $348 | $664 | $1,116 | $1,739 |
| Collinsville | $54 | $135 | $302 | $625 | $1,021 |
| Fort Payne | $99 | $242 | $491 | $855 | $1,448 |
| Gadsden | $73 | $230 | $551 | $757 | $1,400 |
| Gaylesville | $96 | $209 | $465 | $842 | $1,243 |
| Leesburg | $110 | $294 | $685 | $1,180 | $1,784 |
| Mentone | $141 | $268 | $764 | $1,275 | $1,948 |
| Piedmont | $93 | $207 | $439 | $801 | $1,267 |
| Spring Garden | $203 | $415 | $768 | $1,121 | $1,333 |
Source: Ownwell