Choctaw County Property Taxes
The median property tax rate in Choctaw County is 0.29%, 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 Choctaw County, the typical annual property tax bill is $120, far below the national median of $2,690. Property taxes in Choctaw County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Choctaw 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 Butler or another part of Choctaw County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Choctaw County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$140
$130
Ownwell’s Choctaw County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Choctaw County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Choctaw 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's 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 Choctaw County, Alabama
Property taxes in Choctaw County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Choctaw County is 0.29%, which is lower than the U.S. national median of 0.99%. Local government entities within Choctaw County set these rates annually, and they can vary significantly between different areas within the county. Each year, Choctaw 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. Analyzing how Choctaw County's tax rates compare to the national median can give homeowners a better understanding of the local tax landscape.
Average Choctaw County Tax Rate
0.29%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Choctaw County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butler | 0.14% | 0.23% | 0.30% | 0.32% | 0.37% |
| Gilbertown | 0.14% | 0.20% | 0.26% | 0.32% | 0.32% |
| Jachin | 0.22% | 0.26% | 0.31% | 0.32% | 0.32% |
| Lisman | 0.14% | 0.21% | 0.31% | 0.32% | 0.33% |
| Melvin | 0.14% | 0.21% | 0.28% | 0.32% | 0.32% |
| Millry | 0.14% | 0.22% | 0.27% | 0.32% | 0.32% |
| Needham | 0.14% | 0.17% | 0.26% | 0.32% | 0.36% |
| Pennington | 0.14% | 0.17% | 0.28% | 0.36% | 0.37% |
| Silas | 0.14% | 0.19% | 0.28% | 0.32% | 0.32% |
| Toxey | 0.14% | 0.19% | 0.25% | 0.32% | 0.32% |
| Ward | 0.14% | 0.17% | 0.31% | 0.32% | 0.33% |
Source: Ownwell
Property Tax Assessment Values Across Choctaw County, Alabama
Understanding the difference between "market value" and "assessed value" in Choctaw County 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 Choctaw 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 Choctaw 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, in Jachin, the highest median tax bill is $192, while in Melvin, the lowest is $109. Being aware of these valuation processes in Choctaw County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Choctaw County Assessed Value
$48,430
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Choctaw County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butler | $15,422 | $29,610 | $59,560 | $102,105 | $159,190 |
| Gilbertown | $17,682 | $28,160 | $55,780 | $101,100 | $153,478 |
| Jachin | $25,074 | $39,510 | $82,800 | $121,850 | $177,614 |
| Lisman | $10,880 | $21,040 | $41,290 | $71,348 | $112,611 |
| Melvin | $18,162 | $23,000 | $32,110 | $84,160 | $107,284 |
| Millry | $21,510 | $33,248 | $61,785 | $99,760 | $151,875 |
| Needham | $14,480 | $23,505 | $39,670 | $72,040 | $120,790 |
| Pennington | $12,570 | $21,850 | $39,950 | $65,620 | $111,576 |
| Silas | $11,788 | $21,510 | $40,610 | $82,335 | $141,296 |
| Toxey | $14,970 | $25,902 | $48,710 | $90,092 | $127,515 |
| Ward | $8,216 | $20,352 | $37,680 | $70,520 | $120,706 |
Source: Ownwell
Property Tax Bills Across Choctaw County, Alabama
Property tax bills in Choctaw County, Alabama, are calculated based on the assessed value of the property, which is a percentage of the market value. The median home price in Choctaw County is $48,430, and the property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including property location, size, and any applicable exemptions. In Choctaw County, the 25th percentile tax bill is $54, while the 75th percentile tax bill is $251, and the 90th percentile tax bill reaches $419. Jachin has the highest median tax bill at $192, whereas Melvin has the lowest at $109. Comparatively, the national median property tax rate is 0.99%, which can help homeowners gauge how their tax bills stack up against the broader national landscape. For homeowners, understanding these factors is crucial as they directly impact the amount owed annually, influencing overall affordability and financial planning.
Average Choctaw County Tax Bill
$120
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Choctaw County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butler | $36 | $71 | $172 | $330 | $533 |
| Gilbertown | $37 | $60 | $136 | $263 | $426 |
| Jachin | $57 | $125 | $192 | $358 | $520 |
| Lisman | $26 | $45 | $96 | $180 | $312 |
| Melvin | $29 | $35 | $109 | $210 | $287 |
| Millry | $42 | $77 | $156 | $293 | $412 |
| Needham | $27 | $46 | $97 | $183 | $322 |
| Pennington | $22 | $47 | $92 | $194 | $301 |
| Silas | $27 | $49 | $97 | $227 | $392 |
| Toxey | $33 | $53 | $116 | $227 | $381 |
| Ward | $25 | $40 | $80 | $204 | $350 |
Source: Ownwell