Dozier, Alabama Property Taxes
The median property tax rate in Dozier, AL is 0.34%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Dozier at $67,100, the typical annual property tax bill amounts to $269, far below the national median of $2,690. Property taxes in Dozier 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 Dozier'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 Dozier 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
Dozier, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.34%
Estimate Property Tax Bill
$228
$212
Ownwell’s Dozier Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dozier with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dozier 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 Dozier, Alabama
Property taxes in Dozier, Alabama, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Dozier is 0.34%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Dozier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dozier 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 Dozier's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate within Alabama can be found in areas with rates significantly higher than Dozier's 0.34%, while some areas have rates much closer to the state median. Understanding how these cities compare with Dozier 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 Dozier 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 Dozier, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36028 | 0.19% | 0.26% | 0.34% | 0.70% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Dozier, Alabama
In Dozier, 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 Dozier, 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 Dozier helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $269, found in the 36028 zip code.
Average Dozier Assessed Value
$67,100
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 Dozier, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36028 | $24,224 | $40,070 | $67,100 | $117,210 | $235,960 |
Source: Ownwell
Property Tax Bills Across Dozier, Alabama
In Dozier, located in Crenshaw County, AL, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $67,100. The process begins with the local tax assessor determining the assessed value of a property, which is typically a percentage of the market value. Once the assessed value is established, the tax rate is applied to this value to calculate the tax bill. For homeowners in Dozier, tax bills can vary significantly. The 25th percentile tax bill is around $151, while the 75th percentile reaches $487, and the 90th percentile can go up to $713. The highest median tax bill recorded in the area is $269, which is relatively low compared to the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding these factors can help homeowners anticipate their annual property tax obligations and budget accordingly.
Average Dozier Tax Bill
$269
Average Crenshaw County Tax Bill
$341
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Dozier, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36028 | $79 | $151 | $269 | $487 | $713 |
Source: Ownwell