Piedmont, Alabama Property Taxes
The median property tax rate in Piedmont, AL is 0.33%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $113,700 in Piedmont, the typical annual property tax bill reaches $451, well below the national median of $2,690. Property taxes in Piedmont are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Piedmont'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 Piedmont 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
Piedmont, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.33%
Estimate Property Tax Bill
$375
Ownwell’s Piedmont Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Piedmont with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Piedmont 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 Piedmont, Alabama
Property taxes in Piedmont, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Piedmont is 0.33%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Piedmont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Piedmont 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 Piedmont's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the region is found in zip code 35203 at 0.66%, while the lowest median tax rate is in zip code 35901 at 0.27%. Understanding how these cities compare with Piedmont provides valuable insights into the varying tax landscape across Etowah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Piedmont Tax Rate
0.33%
Average Etowah County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Piedmont, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36272 | 0.21% | 0.29% | 0.33% | 0.67% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Piedmont, Alabama
In Piedmont, 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 Etowah 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 Piedmont, 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 Piedmont is $113,700, with tax bills ranging from $217 at the 25th percentile to $1,234 at the 90th percentile. The zip code 36272 has the highest and lowest median tax bill at $451. 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 Piedmont helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Piedmont Assessed Value
$113,700
Average Etowah County Assessed Value
$135,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Piedmont, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36272 | $40,400 | $68,200 | $113,700 | $188,400 | $271,900 |
Source: Ownwell
Property Tax Bills Across Piedmont, Alabama
Property tax bills in Piedmont, located in Etowah County, AL, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Piedmont is $113,700. Property tax rates, set by local government authorities, are then applied to this assessed value to determine the tax bill. Several factors influence this calculation, including the property's location, size, and condition. For homeowners in Piedmont, the median tax bill is $451, which is significantly lower than the national median property tax rate of 0.99%. The lower end of the tax bill spectrum, represented by the 25th percentile, is $217, while the upper end, represented by the 75th percentile, reaches $695. At the 90th percentile, tax bills can go up to $1,234. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life.
Average Piedmont Tax Bill
$451
Average Etowah County Tax Bill
$625
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Piedmont, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36272 | $118 | $217 | $451 | $695 | $1,234 |
Source: Ownwell