East Brewton, Alabama Property Taxes
The median property tax rate in East Brewton, AL is 0.94%, slightly below the national median of 0.99% but significantly higher than the Alabama state median of 0.47%. With the median home value in East Brewton at $4,600, the typical annual property tax bill is $43, which is much lower than the national median of $2,690. Property taxes in East Brewton are calculated based on the assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding East 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 East Brewton 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
East Brewton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$43
$40
Ownwell’s EAST BREWTON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EAST BREWTON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EAST 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 East Brewton, Alabama
Property taxes in East Brewton, Alabama, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Brewton is 0.94%, which is slightly below the U.S. national median of 0.99%. Local government entities within East Brewton set these rates annually, and they can vary significantly across different neighborhoods. Each year, East 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 East Brewton's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36426 zip code has both the highest and lowest median property tax rate of 0.94%. Understanding how these cities compare with East 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 East Brewton Tax Rate
0.94%
Average Escambia County Tax Rate
0.44%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Brewton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36426 | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across East Brewton, Alabama
In East 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 East 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. The median home price in East Brewton is $4,600, with tax bills at the 25th, 75th, and 90th percentiles all being $43. 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 East Brewton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average East Brewton Assessed Value
$4,600
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 East Brewton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36426 | $4,600 | $4,600 | $4,600 | $4,600 | $4,600 |
Source: Ownwell
Property Tax Bills Across East Brewton, Alabama
In East Brewton, Escambia County, AL, property tax bills are calculated based on the assessed value of the property. The assessed value is a percentage of the property's market value, which is determined by local assessors. For homeowners in East Brewton, the median home price is $4,600, and the property tax rate in Alabama is relatively low compared to the national median property tax rate of 0.99%. Factors that influence the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. In East Brewton, the tax bills are quite consistent, with the 25th, 75th, and 90th percentiles all standing at $43. This consistency suggests a stable tax environment for homeowners, making it easier to predict annual costs. The impact on homeowners is significant, as a lower property tax rate can make homeownership more affordable, freeing up financial resources for other expenses or investments. Understanding how these taxes are calculated helps homeowners plan their finances more effectively.
Average East Brewton Tax Bill
$43
Average Escambia County Tax Bill
$424
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across East Brewton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36426 | $43 | $43 | $43 | $43 | $43 |
Source: Ownwell