Atmore, Escambia County, Alabama Property Taxes
The median property tax rate in Atmore, AL is 0.46%, slightly below both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Atmore at $103,000, the typical annual property tax bill is $459, significantly lower than the national median of $2,690. Property taxes in Atmore are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Atmore'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 Atmore 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
Atmore, Escambia County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$474
$440
Ownwell’s Atmore Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atmore with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atmore 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 Atmore, Escambia County, Alabama
Property taxes in Atmore, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atmore is 0.46%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Atmore set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atmore 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 Atmore's effective property tax rate to other areas in Escambia County and the national median. For comparison, the zip code 36441 has the highest median property tax rate of 0.48%, while the zip code 36502 has the lowest median tax rate of 0.46%. Understanding how these areas compare with Atmore 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 Atmore Tax Rate
0.46%
Average Escambia County Tax Rate
0.44%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atmore, Escambia County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36441 | N/A | N/A | N/A | N/A | N/A |
| 36502 | 0.27% | 0.32% | 0.46% | 0.70% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Atmore, Escambia County, Alabama
In Atmore, 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 Escambia 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 Atmore, 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. The median home price in Atmore is $103,000, with the 25th percentile tax bill at $233 and the 75th percentile tax bill at $743. The highest median tax bill of $459 is in zip code 36502, while the lowest median tax bill of $271 is in zip code 36441. 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 Atmore helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Atmore, Escambia County, Alabama
Source: Ownwell
$74,080
$168,928
$263,775
Average Atmore Assessed Value
$103,000
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 Atmore, Escambia County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36441 | N/A | N/A | N/A | N/A | N/A |
| 36502 | $20,290 | $51,970 | $103,260 | $160,940 | $227,200 |
Source: Ownwell
Property Tax Bills Across Atmore, Escambia County, Alabama
In Atmore, 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 Atmore is $103,000. Local tax authorities then apply the county's property tax rate to this assessed value to determine the annual tax bill. Factors such as property improvements, market conditions, and neighborhood trends can influence the assessed value, thereby impacting the tax bill. For homeowners in Atmore, this means their annual property tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $233, while at the 75th percentile, it rises to $743. At the 90th percentile, it can reach up to $1075. These variations highlight how property characteristics and assessments can lead to differing tax obligations. Compared to the national median property tax rate of 0.99%, homeowners in Atmore may find their property tax rates relatively manageable, although they still need to budget for these annual expenses.
Average Atmore Tax Bill
$459
Average Escambia County Tax Bill
$424
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Atmore, Escambia County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36441 | N/A | N/A | N/A | N/A | N/A |
| 36502 | $91 | $234 | $459 | $743 | $1,074 |
Source: Ownwell