Brantley, Alabama Property Taxes
The median property tax rate in Brantley, AL is 0.34%, significantly lower than both the national median of 0.99% and Alabama's state median of 0.47%. With a median home value of $94,280 in Brantley, the typical annual property tax bill is approximately $368, which is well below the national median of $2,690. Property taxes in Brantley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Brantley'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 Brantley 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
Brantley, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.34%
Estimate Property Tax Bill
$321
$297
Ownwell’s Brantley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brantley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brantley 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 Brantley, Alabama
Property taxes in Brantley, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brantley is 0.33%, significantly lower than both the Alabama state median of 0.39% and the U.S. national median of 0.99%. Local government entities within Brantley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brantley 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 Brantley's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 35203 has the highest median property tax rate of 0.66%, while zip code 36749 has the lowest median tax rate of 0.20%. Understanding how these cities compare with Brantley provides valuable insights into the varying tax landscape across Crenshaw County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brantley Tax Rate
0.34%
Average Crenshaw County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brantley, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36009 | 0.19% | 0.28% | 0.34% | 0.39% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Brantley, Alabama
In Brantley, 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 Crenshaw 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 Brantley, 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. The highest median tax bill in Brantley is $368 in the zip code 36009, while the lowest median tax bill is also $368 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brantley Assessed Value
$94,280
Average Crenshaw County Assessed Value
$88,920
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brantley, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36009 | $31,676 | $53,230 | $94,280 | $170,790 | $271,560 |
Source: Ownwell
Property Tax Bills Across Brantley, Alabama
In Brantley, located in Crenshaw County, AL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $94,280, homeowners in Brantley can expect varying tax bills. The 25th percentile tax bill is around $182, while the 75th percentile reaches approximately $600. At the 90th percentile, tax bills can go up to $935. These tax bills are influenced by several factors, including the home's market value, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, Brantley's property taxes can be considered relatively moderate. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances more effectively.
Average Brantley Tax Bill
$368
Average Crenshaw County Tax Bill
$341
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Brantley, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36009 | $96 | $182 | $368 | $600 | $935 |
Source: Ownwell