Cedar Bluff, Alabama Property Taxes
The median property tax rate in Cedar Bluff, AL is 0.27%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $62,760 in Cedar Bluff, the typical annual property tax bill is just $171, far below the national median of $2,690. Property taxes in Cedar Bluff are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Cedar Bluff'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 Cedar Bluff or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cedar Bluff, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.27%
Estimate Property Tax Bill
$169
$157
Ownwell’s Cedar Bluff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cedar Bluff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cedar Bluff 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 Cedar Bluff, Alabama
Property taxes in Cedar Bluff, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cedar Bluff is 0.27%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Cedar Bluff set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cedar Bluff 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 Cedar Bluff's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the state is found in DeKalb County, while other areas have considerably lower rates. Understanding how these cities compare with Cedar Bluff provides valuable insights into the varying tax landscape across DeKalb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cedar Bluff Tax Rate
0.27%
Average Dekalb County Tax Rate
0.36%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cedar Bluff, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35959 | 0.23% | 0.24% | 0.27% | 0.30% | 0.37% |
Source: Ownwell
Property Tax Assessment Values Across Cedar Bluff, Alabama
In Cedar Bluff, 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 DeKalb 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 Cedar Bluff, 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. The median home price in Cedar Bluff is $62,760, with tax bills ranging from $152 at the 25th percentile to $389 at the 90th percentile. The highest and lowest median tax bills are both $171 in the 35959 zip code. Being aware of these valuation processes in Cedar Bluff helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cedar Bluff Assessed Value
$62,760
Average Dekalb County Assessed Value
$106,260
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cedar Bluff, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35959 | $46,220 | $59,760 | $62,760 | $131,600 | $165,516 |
Source: Ownwell
Property Tax Bills Across Cedar Bluff, Alabama
In Cedar Bluff, located in DeKalb County, AL, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the local tax assessor and typically represents a percentage of the property's market value. For instance, with a median home price of $62,760, the property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence this calculation, including property size, location, and improvements made to the property. Homeowners in Cedar Bluff can expect varying tax bills depending on these factors. For example, the 25th percentile tax bill is around $152, while the 75th percentile reaches $225. The highest tax bills, at the 90th percentile, can go up to $389. This variability affects homeowners by influencing their annual financial obligations, potentially impacting their budgeting and long-term financial planning. Compared to the national median property tax rate of 0.99%, Cedar Bluff's rates are relatively modest, offering some relief to local homeowners.
Average Cedar Bluff Tax Bill
$171
Average Dekalb County Tax Bill
$412
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Cedar Bluff, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35959 | $112 | $152 | $171 | $225 | $389 |
Source: Ownwell