Red Level, Alabama Property Taxes
The median property tax rate in Red Level, AL is 0.31%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Red Level at $94,580, the typical annual property tax bill is $251, well below the national median of $2,690. Property taxes in Red Level are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Red Level'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 Red Level or another part of Conecuh County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Red Level, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.31%
Estimate Property Tax Bill
$293
$272
Ownwell’s Red Level Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Red Level with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Red Level 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 Red Level, Alabama
Property taxes in Red Level, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Red Level is 0.31%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Red Level set these rates annually, and they can vary significantly across different neighborhoods. Each year, Red Level 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 Red Level'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 found in Shelby County at 0.43%, while the lowest median tax rate is in Choctaw County at 0.17%. Understanding how these cities compare with Red Level provides valuable insights into the varying tax landscape across Conecuh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Red Level Tax Rate
0.31%
Average Conecuh County Tax Rate
0.34%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Red Level, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36474 | 0.18% | 0.22% | 0.31% | 0.41% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Red Level, Alabama
In Red Level, 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 Conecuh 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 Red Level, 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. The median home price in Red Level is $94,580. 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 Red Level helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $251, associated with the zip code 36474, which also has the lowest median tax bill of $251.
Average Red Level Assessed Value
$94,580
Average Conecuh County Assessed Value
$80,780
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Red Level, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36474 | $28,188 | $40,665 | $94,580 | $187,755 | $310,128 |
Source: Ownwell
Property Tax Bills Across Red Level, Alabama
In Red Level, located in Conecuh County, AL, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the home. For homeowners in Red Level, the median home price is $94,580. Property tax rates in this area are relatively low compared to the national median property tax rate of 0.99%. The tax bill varies significantly among homeowners. The 25th percentile tax bill is $126, while the 75th percentile tax bill is $537, and the 90th percentile tax bill reaches up to $841. This range indicates that the tax burden can differ widely based on the assessed property value and applicable exemptions. The highest and lowest median tax bills in the area are both recorded at $251 in the zip code 36474. These factors collectively influence how much homeowners ultimately pay, impacting their annual financial planning.
Average Red Level Tax Bill
$251
Average Conecuh County Tax Bill
$297
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Red Level, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36474 | $63 | $126 | $251 | $537 | $841 |
Source: Ownwell