Andalusia, Alabama Property Taxes
The median property tax rate in Andalusia, AL is 0.33%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Andalusia at $73,720, the typical annual property tax bill is $210, well below the national median of $2,690. Property taxes in Andalusia are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Andalusia'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 Andalusia or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Andalusia, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell's Andalusia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Andalusia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Andalusia 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 Andalusia, Alabama
Property taxes in Andalusia, Alabama, play a crucial role in supporting essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Andalusia is 0.33%, notably lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Andalusia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Andalusia 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 Andalusia's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36426 zip code has the highest median property tax rate of 0.47%, while the 36426 zip code also has the lowest median tax rate of 0.47%. Understanding how these cities compare with Andalusia provides valuable insights into the varying tax landscape across Escambia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Andalusia Tax Rate
0.33%
Average Escambia County Tax Rate
0.44%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Andalusia, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36420 | 0.20% | 0.26% | 0.33% | 0.43% | 0.70% |
36426 | 0.29% | 0.36% | 0.47% | 0.59% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Andalusia, Alabama
In Andalusia, 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 local appraisal authorities 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. Assessment notices in Andalusia 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 Andalusia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Andalusia is $210 in the 36420 zip code, while the lowest is $111 in the 36426 zip code.
Average Andalusia Assessed Value
$73,720
Average Escambia County Assessed Value
$97,250
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Andalusia, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36420 | $17,285 | $41,628 | $77,015 | $126,400 | $201,200 |
36426 | $18,391 | $23,178 | $31,155 | $39,132 | $43,919 |
Source: Ownwell
Property Tax Bills Across Andalusia, Alabama
In Andalusia, located in Escambia County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Andalusia is $73,720. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For homeowners in Andalusia, the tax bill can vary significantly. The 25th percentile tax bill is around $135, while the 75th percentile reaches approximately $441, and the 90th percentile can be as high as $668. The highest median tax bill in the area is $210 in the 36420 zip code, while the lowest is $111 in the 36426 zip code. These property taxes impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Andalusia’s rates can offer some relief, making it an appealing place for property investment and homeownership.
Average Andalusia Tax Bill
$210
Average Escambia County Tax Bill
$424
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Andalusia, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36420 | $79 | $147 | $210 | $444 | $668 |
36426 | $107 | $109 | $111 | $114 | $115 |
Source: Ownwell