Ariton, Alabama Property Taxes
The median property tax rate in Ariton, Alabama is 0.32%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Ariton, the typical annual property tax bill amounts to $364, far below the national median of $2,690. Property taxes in Ariton 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 Ariton'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 Ariton 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
Ariton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$336
Ownwell’s Ariton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ariton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ariton 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 Ariton, Alabama
Property taxes in Ariton, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ariton is 0.32%, significantly lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within Ariton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ariton 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 Ariton'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 0.66%, while the lowest median tax rate is 0.14%. Understanding how these cities compare with Ariton provides valuable insights into the varying tax landscape across Dale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ariton Tax Rate
0.32%
Average Dale County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ariton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36311 | 0.21% | 0.27% | 0.32% | 0.42% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Ariton, Alabama
In Ariton, 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 Dale 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 Ariton, 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 Ariton is $105,140, with tax bills ranging from $210 at the 25th percentile to $926 at the 90th percentile. The highest and lowest median tax bills are both $364, found in the zip code 36311. 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 Ariton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ariton Assessed Value
$105,140
Average Dale County Assessed Value
$110,690
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ariton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36311 | $33,730 | $58,505 | $105,140 | $181,675 | $289,440 |
Source: Ownwell
Property Tax Bills Across Ariton, Alabama
In Ariton, located in Dale County, AL, property tax bills are calculated based on the assessed value of a home. This assessed value is typically a percentage of the market value, which in Ariton is influenced by the median home price of $105,140. The property tax rate in Ariton is relatively low compared to the national median property tax rate of 0.99%. Homeowners in the 25th percentile can expect a tax bill around $210, while those in the 75th percentile might see bills closer to $612. For the top 10% of homeowners, tax bills can reach up to $926. Several factors contribute to the final tax bill, including property size, location, and any applicable exemptions. These factors combined determine the financial responsibility of homeowners, impacting their annual budget and long-term investment in their property. Understanding these elements helps homeowners in Ariton anticipate their tax obligations and manage their finances more effectively.
Average Ariton Tax Bill
$364
Average Dale County Tax Bill
$497
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Ariton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36311 | $126 | $210 | $364 | $612 | $926 |
Source: Ownwell