Mobile, Alabama Property Taxes
The median property tax rate in Mobile, AL is 0.62%, which is lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Mobile, the typical annual property tax bill reaches $188, significantly below the national median of $2,690. Property taxes in Mobile 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 Mobile'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 Mobile 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
Mobile, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$187
$174
Ownwell’s Mobile Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mobile with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mobile 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 Mobile, Alabama
Property taxes in Mobile, Alabama, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mobile is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Mobile set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mobile 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 Mobile's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36695 zip code has the highest median property tax rate of 0.62%, while the same 36695 zip code also has the lowest median tax rate of 0.62%. Understanding how these figures compare with Mobile provides valuable insights into the varying tax landscape across Clarke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mobile Tax Rate
0.62%
Average Clarke County Tax Rate
0.33%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mobile, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36695 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Mobile, Alabama
In Mobile, 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 Clarke 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 Mobile, 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 Mobile helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill is 36695 at $188, and the lowest is also 36695 at $188.
Average Mobile Assessed Value
$30,200
Average Clarke County Assessed Value
$83,100
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mobile, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36695 | $30,200 | $30,200 | $30,200 | $30,200 | $30,200 |
Source: Ownwell
Property Tax Bills Across Mobile, Alabama
In Mobile, property tax bills are determined based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value. For instance, if a home has a median market price of $30,200, the assessed value will be a fraction of this amount as determined by local regulations. The property tax rate in Mobile, located in Clarke County, is applied to this assessed value to calculate the annual tax bill. Several factors influence a homeowner's tax bill, including property size, location, and any applicable exemptions. In Mobile, the median property tax bill is notably low, with the 25th, 75th, and 90th percentiles all at $188. This is significantly below the national median property tax rate of 0.99%, making it an attractive area for homeowners seeking lower property taxes. Homeowners benefit from these lower taxes, potentially reducing their overall housing costs and making homeownership more affordable in the region.
Average Mobile Tax Bill
$188
Average Clarke County Tax Bill
$300
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Mobile, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36695 | $188 | $188 | $188 | $188 | $188 |
Source: Ownwell