Montgomery, Elmore County, Alabama Property Taxes

Name: Property Tax Bills Across Montgomery, Elmore County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Montgomery, AL effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Montgomery, AL home value: $2,623,230
Median annual Montgomery, AL tax bill: $10,450, $8,050 higher than the national median property tax bill of $2,400.

How are property taxes in Elmore calculated?

Property taxes in Montgomery, AL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Montgomery’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montgomery, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Montgomery, Elmore County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$10,493

$9,737

Ownwell’s Montgomery Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Montgomery with just two data points.

By entering your property's estimated assessed value, our calculator applies Montgomery’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Elmore.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Montgomery, Elmore County, Alabama

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in establishing tax rates and budgets, this is the general annual procedure.

Montgomery in Elmore County, Alabama, showcases a lower effective property tax rate compared to many other cities within the state and the nation. With a median property tax rate of 0.40%, it falls well below the national median of 1.02%. This lower rate translates to a more affordable property tax bill, providing significant savings for property owners in the area. The contrast in tax rates highlights the variability and potential savings available within different regions. Understanding these differences can empower property owners to make informed decisions about property investments and tax appeals. By being aware of local tax rates, property owners in Montgomery can better navigate their financial responsibilities and potentially reduce their tax burden.

Property Tax Rates Across Montgomery, Elmore County, Alabama

Source: Ownwell

0.24%

0.33%

0.42%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Montgomery Tax Rate

0.40%

Median Effective Elmore County Tax Rate

0.32%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Montgomery, Elmore County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36117	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Montgomery, Elmore County, Alabama

When examining property taxes in Montgomery, Alabama, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Elmore County Revenue Commissioner estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Elmore County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Montgomery.

For example, the median home price in Montgomery is $2,623,230, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Montgomery, Elmore County, Alabama

Source: Ownwell

$89,060

$542,798

$996,535

Median Montgomery Market Value

$2,623,230

Median Elmore County Market Value

$185,990

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Montgomery, Elmore County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36117	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Montgomery, Elmore County, Alabama

In Montgomery, located in Elmore County, Alabama, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in Montgomery face a property tax rate that is lower than the national median rate of 1.02%, resulting in a more manageable tax bill. The median home price in the area is $2,623,230, and while the tax bills for the 25th, 75th, and 90th percentiles all stand at $10,450, this figure may vary depending on specific property characteristics and exemptions available. Factors influencing the tax bill include property location, size, and any applicable exemptions. Such variability can impact homeowners significantly, making it crucial to ensure that the assessed value is accurate and fair. At Ownwell, we specialize in property tax appeal and exemption services, helping homeowners in Montgomery potentially lower their tax bills by ensuring their property is correctly assessed and by identifying applicable exemptions, ultimately leading to substantial savings.

Property Tax Bills Across Montgomery, Elmore County, Alabama

Source: Ownwell

$553

$1,573

$2,592

Median Montgomery Tax Bill

$10,450

Median Elmore County Tax Bill

$602

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Montgomery, Elmore County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36117	N/A	N/A	N/A	N/A	N/A

Source: Ownwell