Brewton, Alabama Property Taxes
The median property tax rate in Brewton, AL is 0.44%, notably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Brewton at $93,750, the typical annual property tax bill is $410, significantly below the national median of $2,690. Property taxes in Brewton 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 Brewton'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 Brewton or another part of Escambia County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brewton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$413
$383
Ownwell’s Brewton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brewton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brewton 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 Brewton, Alabama
Property taxes in Brewton, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brewton is 0.44%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Brewton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brewton 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 Brewton's effective property tax rate to other areas in Escambia County and the national median. For comparison, the zip code 36426 has both the highest and lowest median property tax rate of 0.44%. Understanding how these regions compare with Brewton 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 Brewton Tax Rate
0.44%
Average Escambia County Tax Rate
0.44%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brewton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36426 | 0.27% | 0.32% | 0.44% | 0.70% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Brewton, Alabama
In Brewton, 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 Brewton, 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 Brewton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Brewton is $93,750, with tax bills ranging from $202 at the 25th percentile to $1,123 at the 90th percentile. Notably, the highest and lowest median tax bills are both $410 in the 36426 zip code.
Average Brewton Assessed Value
$93,750
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 Brewton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36426 | $17,994 | $47,630 | $93,750 | $161,762 | $239,316 |
Source: Ownwell
Property Tax Bills Across Brewton, Alabama
In Brewton, located in Escambia County, AL, property tax bills are calculated based on the assessed value of the home, which is a percentage of its market value. The median home price in Brewton is $93,750. The property tax rate in this area is lower compared to the national median property tax rate of 0.99%. For homeowners in Brewton, the annual tax bill can vary significantly. For instance, the 25th percentile of tax bills is around $202, while the 75th percentile reaches up to $734. At the 90th percentile, homeowners might see tax bills as high as $1,123. The highest median tax bill recorded in the area is $410, which is consistent across the zip code 36426. These tax bills directly affect homeowners by influencing their annual housing costs, making it crucial to understand how these figures are determined to manage financial planning effectively.
Average Brewton Tax Bill
$410
Average Escambia County Tax Bill
$424
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Brewton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36426 | $80 | $202 | $410 | $734 | $1,123 |
Source: Ownwell