Deatsville, Alabama Property Taxes
The median property tax rate in Deatsville, AL is 0.29%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Deatsville at $217,300, the typical annual property tax bill reaches $638, which is well below the national median of $2,690. Property taxes in Deatsville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Deatsville'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 Deatsville or another part of Elmore County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Deatsville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$630
$585
Ownwell’s Deatsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deatsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deatsville 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 Deatsville, Alabama
Property taxes in Deatsville, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Deatsville is 0.29%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Deatsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deatsville 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. Understanding how Deatsville's effective property tax rate compares to other counties and the national median provides valuable insights into the varying tax landscape across Elmore County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deatsville Tax Rate
0.29%
Average Elmore County Tax Rate
0.32%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deatsville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36022 | 0.11% | 0.24% | 0.29% | 0.33% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Deatsville, Alabama
In Deatsville, 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 Elmore 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 Deatsville, 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 Deatsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Deatsville is $217,300, with the median tax bill ranging from $440 at the 25th percentile to $1,197 at the 90th percentile. The highest and lowest median tax bills are both recorded at $638 in the 36022 zip code.
Average Deatsville Assessed Value
$217,300
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 Deatsville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36022 | $127,813 | $174,412 | $217,300 | $268,092 | $350,736 |
Source: Ownwell
Property Tax Bills Across Deatsville, Alabama
In Deatsville, Elmore County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Deatsville typically see property tax bills ranging from $440 at the 25th percentile to $1,197 at the 90th percentile, with a median tax bill of $638. This median rate is significantly lower than the national median property tax rate of 0.99%. Factors that influence the property tax bill include the property's location, size, and any improvements made. For example, a home with a median market price of $217,300 in Deatsville will have its tax bill calculated based on the assessed value, which is a fraction of this market price. Lower property tax rates can make homeownership more affordable and attractive, but they also mean fewer funds for local services such as schools and infrastructure. Homeowners should be aware of these trade-offs when considering property taxes in their financial planning.
Average Deatsville Tax Bill
$638
Average Elmore County Tax Bill
$602
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Deatsville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36022 | $95 | $440 | $638 | $844 | $1,197 |
Source: Ownwell