Anniston, Alabama Property Taxes
The median property tax rate in Anniston, AL is 0.35%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $261,610 in Anniston, the typical annual property tax bill amounts to $883, well below the national median of $2,690. Property taxes in Anniston are determined based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural land. Gaining a thorough understanding of Anniston's property tax system, exploring available exemptions, and identifying potential reductions can result in substantial annual savings. Whether you're residing in the heart of Anniston or another part of the city, familiarizing yourself with the local property tax framework is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Anniston, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Anniston Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Anniston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anniston to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities. For those 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, taking into account any exemptions that may apply.
Property Tax Rates Across Anniston, Alabama
Property taxes in Anniston, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anniston is 0.35%, which is significantly lower than both the Alabama state median of 0.41% and the U.S. national median of 0.99%. Local government entities within Anniston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anniston 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 Anniston'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 0.19%. Understanding how these cities compare with Anniston provides valuable insights into the varying tax landscape across Cleburne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anniston Tax Rate
0.35%
Average Cleburne County Tax Rate
0.36%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anniston, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36207 | 0.27% | 0.29% | 0.35% | 0.37% | 0.38% |
Source: Ownwell
Property Tax Assessment Values Across Anniston, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Anniston, Alabama. 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 county 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 Anniston, 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Anniston, the zip code with the highest median tax bill is 36207, with a median tax bill of $883, while the lowest median tax bill is also in zip code 36207, with the same value of $883.
Average Anniston Assessed Value
$261,610
Average Cleburne County Assessed Value
$100,830
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anniston, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36207 | $203,590 | $244,158 | $261,610 | $353,038 | $495,010 |
Source: Ownwell
Property Tax Bills Across Anniston, Alabama
Property tax bills in Anniston, located in Cleburne County, AL, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Key factors influencing the tax bill include the property's market value, assessment ratio, and the local tax rate. For example, in Anniston, the median home price is $261,610. Property owners in the 25th percentile can expect a tax bill around $737, while those in the 75th percentile might see bills closer to $1,125. At the higher end, the 90th percentile tax bill reaches approximately $2,067. The highest and lowest median tax bills in the area are both recorded at $883 in the 36207 zip code. These property taxes significantly impact homeowners by affecting their annual financial planning and overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Anniston's rates provide a point of reference for property owners evaluating their tax obligations.
Average Anniston Tax Bill
$883
Average Cleburne County Tax Bill
$350
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Anniston, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36207 | $571 | $737 | $883 | $1,125 | $2,067 |
Source: Ownwell