Plantersville, Alabama Property Taxes
The median property tax rate in Plantersville, AL is 0.30%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $69,400 in Plantersville, the typical annual property tax bill is $251, well below the national median of $2,690. Property taxes in Plantersville are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Plantersville'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 Plantersville or another part of Dallas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Plantersville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$208
$193
Ownwell’s Plantersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plantersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plantersville 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 Plantersville, Alabama
Property taxes in Plantersville, Alabama, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Plantersville is 0.33%, which is significantly lower than both the Alabama state median of 0.40% and the U.S. national median of 0.99%. Local government entities within Plantersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plantersville 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 Plantersville's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36532 zip code has the highest median property tax rate of 0.66%, while the 35203 zip code has the lowest median tax rate of 0.33%. Understanding how these cities compare with Plantersville provides valuable insights into the varying tax landscape across Dallas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plantersville Tax Rate
0.30%
Average Dallas County Tax Rate
0.53%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plantersville, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36758 | 0.18% | 0.25% | 0.30% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Plantersville, Alabama
In Plantersville, 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 Dallas 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 Plantersville, 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. For instance, the median home price in Plantersville is $69,400, with property tax bills ranging from $123 at the 25th percentile to $632 at the 90th percentile. Being aware of these valuation processes in Plantersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plantersville Assessed Value
$69,400
Average Dallas County Assessed Value
$65,800
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plantersville, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36758 | $19,600 | $40,800 | $69,400 | $106,300 | $163,680 |
Source: Ownwell
Property Tax Bills Across Plantersville, Alabama
In Plantersville, Dallas County, AL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. Homeowners in Plantersville experience a range of tax bills, influenced by factors such as property size, location, and the local tax rate. The median home price in Plantersville is $69,400, and property taxes are relatively low compared to the national median property tax rate of 0.99%. For instance, tax bills in the 25th percentile are around $123, while those in the 75th percentile reach approximately $432. At the higher end, the 90th percentile tax bill can be as much as $632. The highest and lowest median tax bills in the area both stand at $251 in the zip code 36758, indicating a level of consistency in tax assessments. These property taxes are crucial for funding local services, including schools, infrastructure, and emergency services. Homeowners must stay informed about their assessed property values and any changes in local tax rates to manage their financial planning effectively.
Average Plantersville Tax Bill
$251
Average Dallas County Tax Bill
$361
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Plantersville, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36758 | $40 | $123 | $251 | $432 | $632 |
Source: Ownwell