Stanton, Alabama Property Taxes
The median property tax rate in Stanton, AL is 0.46%, slightly below both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Stanton at $84,500, the typical annual property tax bill reaches $524, significantly lower than the national median of $2,690. Property taxes in Stanton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Stanton'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 Stanton 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
Stanton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$389
$361
Ownwell’s Stanton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stanton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stanton 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 Stanton, Alabama
Property taxes in Stanton, Alabama, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Stanton is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Stanton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stanton 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 Stanton's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 36790 has both the highest and lowest median property tax rate of 0.46%. Understanding how these cities compare with Stanton 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 Stanton Tax Rate
0.46%
Average Chilton County Tax Rate
0.45%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stanton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36790 | 0.19% | 0.36% | 0.46% | 0.79% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Stanton, Alabama
In Stanton, 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 Stanton, 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 Stanton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both occur in the 36790 zip code, with a median tax bill of $524.
Average Stanton Assessed Value
$84,500
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 Stanton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36790 | $37,080 | $49,775 | $84,500 | $134,100 | $210,770 |
Source: Ownwell
Property Tax Bills Across Stanton, Alabama
In Stanton, located in Chilton County, Alabama, property tax bills are calculated based on the assessed value of your home, which is a fraction of its market value. The assessed value is then multiplied by the local tax rate to determine your annual tax bill. For homeowners in Stanton, the median home price is $84,500. Property tax bills can vary widely, with the 25th percentile paying around $251 and the 75th percentile paying about $789. The highest median tax bill in the area is $524, which is notably lower than the national median property tax rate of 0.99%. Several factors influence your property tax bill, including changes in the market value of your home, local tax rates, and any applicable exemptions. These taxes are crucial for funding public services such as schools, emergency services, and infrastructure. For homeowners, understanding how these bills are calculated can help in financial planning and potentially identifying opportunities for tax relief or exemptions.
Average Stanton Tax Bill
$524
Average Chilton County Tax Bill
$562
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Stanton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36790 | $71 | $251 | $524 | $789 | $1,222 |
Source: Ownwell