Brundidge, Alabama Property Taxes
The median property tax rate in Brundidge, Alabama is 0.25%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $184,100 in Brundidge, the typical annual property tax bill is $404, far below the national median of $2,690. Property taxes in Brundidge are calculated based on the assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Brundidge'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 Brundidge or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brundidge, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$460
Ownwell’s Brundidge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brundidge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brundidge 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 Brundidge, Alabama
Property taxes in Brundidge, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brundidge is 0.25%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Brundidge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brundidge 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 Brundidge'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 found in Shelby County at 0.43%, while the lowest median tax rate is in Crenshaw County at 0.16%. Understanding how these cities compare with Brundidge 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 Brundidge Tax Rate
0.25%
Average Dale County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brundidge, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36010 | 0.14% | 0.21% | 0.25% | 0.32% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Brundidge, Alabama
In Brundidge, 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 Brundidge, 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 Brundidge 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 both come in at $404, specifically in the 36010 zip code.
Average Brundidge Assessed Value
$184,100
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 Brundidge, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36010 | $65,978 | $110,945 | $184,100 | $210,910 | $338,038 |
Source: Ownwell
Property Tax Bills Across Brundidge, Alabama
In Brundidge, located in Dale 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 median home price in Brundidge is $184,100. The property tax rate in this region is relatively low compared to the national median property tax rate of 0.99%. Homeowners in Brundidge can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is $372, while the 75th percentile tax bill is $615. Those at the higher end of the spectrum, such as the 90th percentile, may see tax bills around $761. The highest and lowest median tax bills are both reported at $404 in the zip code 36010. These tax bills can impact homeowners by influencing their overall cost of living and the affordability of maintaining their property. Lower property taxes can make homeownership more accessible, while higher taxes might require more careful financial planning.
Average Brundidge Tax Bill
$404
Average Dale County Tax Bill
$497
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Brundidge, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36010 | $229 | $372 | $404 | $615 | $761 |
Source: Ownwell