Skipperville, Alabama Property Taxes
The median property tax rate in Skipperville, AL is 0.29%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $115,850 in Skipperville, the typical annual property tax bill is $376, well below the national median of $2,690. Property taxes in Skipperville are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Skipperville'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 Skipperville or another part of Dale County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Skipperville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$336
$312
Ownwell’s Skipperville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Skipperville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Skipperville 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 Skipperville, Alabama
Property taxes in Skipperville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Skipperville is 0.29%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Skipperville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Skipperville 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 Skipperville'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 zip code 35203 with a rate of 0.66%, while the lowest median tax rate is in zip code 36784 at 0.16%. Understanding how these cities compare with Skipperville 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 Skipperville Tax Rate
0.29%
Average Dale County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Skipperville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36374 | 0.19% | 0.26% | 0.29% | 0.36% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Skipperville, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Skipperville, Alabama. 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. 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 Skipperville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Skipperville, the zip code with the highest median tax bill is 36374, with a tax bill of $376.
Average Skipperville Assessed Value
$115,850
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 Skipperville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36374 | $42,340 | $67,425 | $115,850 | $190,580 | $292,580 |
Source: Ownwell
Property Tax Bills Across Skipperville, Alabama
In Skipperville, located in Dale County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. The assessed value is a percentage of the market value of the property. Homeowners in Skipperville can expect their tax bills to vary widely; the 25th percentile tax bill is around $224, while the 75th percentile tax bill reaches up to $553. For those in the top 10% of tax bills, amounts can soar to $848. Several factors influence the final tax bill, including the property's assessed value, any applicable exemptions, and the local tax rate. The median home price in Skipperville is $115,850, and the median tax bill stands at $376, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable and appealing, potentially enhancing the overall economic stability and attractiveness of the area.
Average Skipperville Tax Bill
$376
Average Dale County Tax Bill
$497
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Skipperville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36374 | $140 | $224 | $376 | $553 | $848 |
Source: Ownwell