Plantersville, Alabama Property Taxes
The median property tax rate in Plantersville, Alabama is 0.51%, slightly higher than the state median of 0.47% but still below the national median of 0.99%. With a median home value of $91,400 in Plantersville, the typical annual property tax bill amounts to $475, much lower than the national median of $2,690. Property taxes in Plantersville are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Plantersville'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 Plantersville or another part of Chilton County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Plantersville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.51%
Estimate Property Tax Bill
$466
$433
Ownwell’s Plantersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plantersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plantersville 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 Plantersville, Alabama
Property taxes in Plantersville, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plantersville is 0.51%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Plantersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plantersville 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 Plantersville's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 36758 within Chilton County has the highest median property tax rate of 0.51%, while the same zip code also has the lowest median tax rate of 0.51%. Understanding how these areas compare with Plantersville provides valuable insights into the varying tax landscape across Chilton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plantersville Tax Rate
0.51%
Average Chilton County Tax Rate
0.45%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plantersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36758 | 0.19% | 0.38% | 0.51% | 0.79% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Plantersville, Alabama
In Plantersville, 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 Chilton 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 Plantersville, 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. The highest median tax bill in Plantersville is $475 in the zip code 36758, while the lowest median tax bill is also $475 in the same zip code. 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 Plantersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plantersville Assessed Value
$91,400
Average Chilton County Assessed Value
$120,400
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plantersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36758 | $32,140 | $53,350 | $91,400 | $155,175 | $219,210 |
Source: Ownwell
Property Tax Bills Across Plantersville, Alabama
In Plantersville, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Plantersville is $91,400. Property taxes are then calculated by applying the local tax rate to this assessed value. For example, the median tax bill in Plantersville is $475, which is significantly lower than the national median property tax rate of 0.99%. Factors such as the property’s location within Chilton County, any applicable exemptions, and the specific characteristics of the home itself also play a role in determining the final tax bill. Homeowners in Plantersville can expect their tax bills to fall between $267 at the 25th percentile and $1,107 at the 90th percentile. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Plantersville Tax Bill
$475
Average Chilton County Tax Bill
$562
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Plantersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36758 | $121 | $267 | $475 | $765 | $1,107 |
Source: Ownwell