Coosa County Property Taxes
The median property tax rate in Coosa County is 0.27%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $86,950 in Coosa County, the typical annual property tax bill is around $282, far below the national median of $2,690. Property taxes in Coosa 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 Coosa 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 Rockford or another part of Coosa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Coosa County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.27%
Estimate Property Tax Bill
$235
$218
Ownwell’s Coosa County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Coosa County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Coosa County to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For more localized trends, you can explore city-level information further down the page. Your property's assessed value is determined by Coosa County for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Coosa County, Alabama
Property taxes in Coosa County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Coosa County is 0.27%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Coosa County set these rates annually, and they can vary significantly between different areas within the county. Each year, Coosa 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 Coosa County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Coosa County Tax Rate
0.27%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coosa County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alexander City | 0.20% | 0.23% | 0.26% | 0.30% | 0.56% |
Clanton | 0.24% | 0.26% | 0.29% | 0.54% | 0.59% |
Equality | 0.20% | 0.23% | 0.26% | 0.30% | 0.53% |
Goodwater | 0.20% | 0.24% | 0.30% | 0.58% | 0.70% |
Kellyton | 0.20% | 0.22% | 0.33% | 0.57% | 0.64% |
Rockford | 0.18% | 0.23% | 0.27% | 0.34% | 0.59% |
Sylacauga | 0.20% | 0.24% | 0.27% | 0.39% | 0.57% |
Titus | 0.23% | 0.29% | 0.39% | 0.48% | 0.54% |
Verbena | 0.22% | 0.28% | 0.30% | 0.45% | 0.57% |
Weogufka | 0.16% | 0.21% | 0.25% | 0.35% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Coosa County, Alabama
In Coosa County, understanding the difference between "market value" and "assessed value" 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 Coosa 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 Coosa 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, Alexander City has the highest median tax bill in the county at $665, while Titus has the lowest at $197. Being aware of these valuation processes in Coosa County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Coosa County Assessed Value
$86,950
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coosa County, Alabama
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alexander City | $33,650 | $59,025 | $151,150 | $620,000 | $755,550 |
Clanton | $27,740 | $55,000 | $107,100 | $211,450 | $327,780 |
Equality | $41,020 | $70,300 | $174,800 | $604,100 | $725,660 |
Goodwater | $18,770 | $32,500 | $57,950 | $98,675 | $173,950 |
Kellyton | $22,020 | $39,400 | $63,700 | $98,000 | $165,000 |
Rockford | $30,280 | $53,000 | $100,700 | $198,250 | $319,880 |
Sylacauga | $33,160 | $55,050 | $95,700 | $157,700 | $242,940 |
Titus | $47,140 | $49,300 | $52,900 | $56,450 | $58,580 |
Verbena | $52,880 | $69,800 | $86,500 | $128,050 | $203,460 |
Weogufka | $35,440 | $57,000 | $90,200 | $156,700 | $219,480 |
Source: Ownwell
Property Tax Bills Across Coosa County, Alabama
In Coosa County, AL, property tax bills are calculated based on the assessed value of your home, which is typically a percentage of its market value. The median home price in the county is $86,950, and the property tax rate is applied to this assessed value to determine the tax bill. Various factors influence the final tax amount, including the specific tax rate set by local authorities and any applicable exemptions or deductions. Homeowners in Coosa County can expect their property tax bills to vary widely. For instance, the tax bill at the 25th percentile is $155, while it climbs to $551 at the 75th percentile, and can reach up to $1,487 at the 90th percentile. The highest median tax bill in the county is found in Alexander City at $665, whereas Titus has the lowest median tax bill at $197. These tax obligations can significantly impact homeowners, influencing their annual financial planning and the overall affordability of owning a home in the area.
Average Coosa County Tax Bill
$282
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Coosa County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alexander City | $97 | $201 | $665 | $1,684 | $2,115 |
Clanton | $121 | $216 | $363 | $672 | $915 |
Equality | $125 | $213 | $521 | $1,637 | $2,017 |
Goodwater | $71 | $118 | $201 | $335 | $527 |
Kellyton | $77 | $130 | $204 | $318 | $496 |
Rockford | $95 | $169 | $309 | $538 | $904 |
Sylacauga | $97 | $176 | $297 | $441 | $668 |
Titus | $111 | $144 | $197 | $251 | $284 |
Verbena | $136 | $216 | $259 | $416 | $542 |
Weogufka | $91 | $160 | $253 | $404 | $571 |
Source: Ownwell