Butler, Alabama Property Taxes
The median property tax rate in Butler, Alabama is 0.30%, significantly lower than both the national median of 0.99% and Alabama's state median of 0.47%. With a median home value of $59,560 in Butler, the typical annual property tax bill is $172, far below the national median of $2,690. Property taxes in Butler are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Butler'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 Butler 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
Butler, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$179
$166
Ownwell’s Butler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Butler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Butler 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 Butler, Alabama
Property taxes in Butler, Alabama, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Butler is 0.30%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Butler set these rates annually, and they can vary across different neighborhoods. Each year, Butler 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 Butler'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 0.17%. Understanding how these cities compare with Butler provides valuable insights into the varying tax landscape across Choctaw County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Butler Tax Rate
0.30%
Average Choctaw County Tax Rate
0.29%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Butler, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36904 | 0.14% | 0.23% | 0.30% | 0.32% | 0.37% |
Source: Ownwell
Property Tax Assessment Values Across Butler, Alabama
In Butler, 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 Choctaw 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 Butler, 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 Butler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Butler is $59,560, with the highest and lowest median tax bills being $172 in zip code 36904.
Average Butler Assessed Value
$59,560
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 Butler, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36904 | $15,422 | $29,610 | $59,560 | $102,105 | $159,190 |
Source: Ownwell
Property Tax Bills Across Butler, Alabama
In Butler, located in Choctaw County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Butler is $59,560. Homeowners can expect their tax bills to vary significantly, with the 25th percentile at $71 and the 75th percentile at $330. The highest median tax bill recorded in the area is $172 in the 36904 zip code. These variations are influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Butler's rates are relatively modest, which can be advantageous for homeowners seeking affordability. However, understanding these nuances is crucial for budgeting and long-term financial planning. Lower tax bills can ease the financial burden on homeowners, making Butler an attractive option for those looking to manage their expenses effectively.
Average Butler Tax Bill
$172
Average Choctaw County Tax Bill
$120
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Butler, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36904 | $36 | $71 | $172 | $330 | $533 |
Source: Ownwell