Elmore County Property Taxes
The median property tax rate in Elmore County is 0.32%, which is significantly lower than both the national median of 0.99% and Alabama's state median of 0.47%. With the median home value in Elmore County, the typical annual property tax bill is $602, far below the national median of $2,690. Property taxes in Elmore County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Elmore County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Wetumpka or another part of Elmore County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Elmore County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$595
$552
Ownwell’s Elmore County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Elmore County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Elmore County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Elmore County, Alabama
Property taxes in Elmore County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Elmore County is 0.32%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Elmore County set these rates annually, and they can vary significantly between different areas within the county. Each year, Elmore County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Elmore County's effective property tax rate with other counties in Alabama and the national median. For comparison, the city of Prattville has a property tax rate of 0.42%, one of the higher rates in Alabama. Analyzing how Elmore County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Elmore County Tax Rate
0.32%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elmore County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander City | 0.18% | 0.19% | 0.24% | 0.35% | 0.47% |
| Coosada | N/A | N/A | N/A | N/A | N/A |
| Deatsville | 0.11% | 0.24% | 0.29% | 0.33% | 0.56% |
| Eclectic | 0.13% | 0.27% | 0.33% | 0.41% | 0.68% |
| Elmore | N/A | N/A | N/A | N/A | N/A |
| Equality | 0.22% | 0.30% | 0.33% | 0.44% | 0.66% |
| Marbury | N/A | N/A | N/A | N/A | N/A |
| Millbrook | N/A | N/A | N/A | N/A | N/A |
| Montgomery | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% |
| Prattville | 0.19% | 0.36% | 0.42% | 0.85% | 0.86% |
| Tallassee | N/A | N/A | N/A | N/A | N/A |
| Titus | N/A | N/A | N/A | N/A | N/A |
| Wetumpka | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Elmore County, Alabama
In Elmore County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Elmore County Appraisal District. The assessed value, however, 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 in Elmore County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Elmore County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, Montgomery has the highest median tax bill at $10,450, while Prattville has the lowest at $553.
Property Tax Assessment Values Across Elmore County, Alabama
Source: Ownwell
$65,020
$1,344,125
$2,623,230
Average Elmore County Assessed Value
$185,990
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Elmore County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander City | $564,794 | $691,178 | $996,535 | $1,486,898 | $1,965,770 |
| Coosada | N/A | N/A | N/A | N/A | N/A |
| Deatsville | $127,813 | $174,412 | $217,300 | $268,092 | $350,736 |
| Eclectic | $73,100 | $129,830 | $264,630 | $548,250 | $811,250 |
| Elmore | N/A | N/A | N/A | N/A | N/A |
| Equality | $175,796 | $367,350 | $485,070 | $642,820 | $797,776 |
| Marbury | N/A | N/A | N/A | N/A | N/A |
| Millbrook | N/A | N/A | N/A | N/A | N/A |
| Montgomery | $2,623,230 | $2,623,230 | $2,623,230 | $2,623,230 | $2,623,230 |
| Prattville | $63,008 | $67,195 | $88,905 | $142,522 | $289,670 |
| Tallassee | N/A | N/A | N/A | N/A | N/A |
| Titus | N/A | N/A | N/A | N/A | N/A |
| Wetumpka | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Elmore County, Alabama
In Elmore County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county's property tax rate is applied to this assessed value to determine the tax bill. Various factors influence the tax bill, including the home's location, size, and any applicable exemptions. For instance, the median home price in Elmore County is $185,990, with tax bills ranging significantly. Homeowners in the 25th percentile pay around $383, while those in the 75th percentile see bills of approximately $912. The highest tax bills, in the 90th percentile, can reach up to $1,477. This variability means that homeowners in Elmore County experience a wide range of property tax obligations. Compared to the national median property tax rate of 0.99%, Elmore County offers relatively manageable tax rates, making it an attractive option for homeowners seeking affordability.
Average Elmore County Tax Bill
$602
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Elmore County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander City | $1,329 | $1,733 | $2,592 | $3,880 | $5,753 |
| Coosada | N/A | N/A | N/A | N/A | N/A |
| Deatsville | $95 | $440 | $638 | $844 | $1,197 |
| Eclectic | $88 | $395 | $849 | $1,876 | $3,021 |
| Elmore | N/A | N/A | N/A | N/A | N/A |
| Equality | $400 | $1,117 | $1,740 | $2,662 | $3,798 |
| Marbury | N/A | N/A | N/A | N/A | N/A |
| Millbrook | N/A | N/A | N/A | N/A | N/A |
| Montgomery | $10,450 | $10,450 | $10,450 | $10,450 | $10,450 |
| Prattville | $149 | $314 | $553 | $797 | $1,126 |
| Tallassee | N/A | N/A | N/A | N/A | N/A |
| Titus | N/A | N/A | N/A | N/A | N/A |
| Wetumpka | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell