Eva, Cullman County, Alabama Property Taxes
The median property tax rate in Eva, AL is 0.23%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Eva at $175,400, the typical annual property tax bill reaches $412, significantly below the national median of $2,690. Property taxes in Eva 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 Eva'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 Eva 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
Eva, Cullman County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.23%
Estimate Property Tax Bill
$403
$374
Ownwell’s EVA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EVA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EVA 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 Eva, Cullman County, Alabama
Property taxes in EVA, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in EVA is 0.23%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within EVA set these rates annually, and they can vary significantly across different neighborhoods. Each year, EVA 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 EVA'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 significantly higher than EVA’s median rate, while other areas within Cullman County may have varying rates. Understanding how these cities compare with EVA provides valuable insights into the varying tax landscape across Cullman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eva Tax Rate
0.23%
Average Cullman County Tax Rate
0.25%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eva, Cullman County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35621 | 0.20% | 0.22% | 0.23% | 0.24% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Eva, Cullman County, Alabama
In EVA, 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 Cullman 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 EVA, 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 EVA helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in EVA are both $412.00, occurring in the zip code 35621, illustrating a relatively uniform tax burden across the region.
Property Tax Assessment Values Across Eva, Cullman County, Alabama
Source: Ownwell
$88,000
$190,100
$292,200
Average Eva Assessed Value
$175,400
Average Cullman County Assessed Value
$169,500
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eva, Cullman County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35621 | $68,660 | $110,200 | $175,400 | $248,700 | $403,080 |
Source: Ownwell
Property Tax Bills Across Eva, Cullman County, Alabama
In EVA, Cullman County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in EVA can expect their tax bills to vary depending on several factors, including the assessed value, local tax rates, and any applicable exemptions. For example, the median home price in EVA is $175,400. Property tax bills can range significantly, with the 25th percentile tax bill at $307 and the 75th percentile at $580. The 90th percentile tax bill goes up to $679, indicating that higher-valued homes or those without exemptions can face steeper taxes. These property taxes contribute to local services such as schools, emergency services, and infrastructure. While the median tax bill in EVA might seem modest compared to the national median property tax rate of 0.99%, it still represents a significant financial consideration for homeowners. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Eva Tax Bill
$412
Average Cullman County Tax Bill
$503
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Eva, Cullman County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35621 | $209 | $307 | $412 | $580 | $679 |
Source: Ownwell