Fayette County, Alabama Property Taxes
Median Fayette County effective property tax rate: 0.31%, significantly lower than the national median of 1.02%.
Median Fayette County home value: $94,200
Median annual Fayette County tax bill: $330, $2,070 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette County calculated?
Property taxes in Fayette County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Fayette or another part of Fayette County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fayette County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.31%
Estimate Property Tax Bill
$292
$271
Ownwell’s Fayette County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fayette County with just two data points. By entering your property's estimated assessed value, our calculator applies Fayette County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fayette County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Fayette County, Alabama
Local government entities determine tax rates, which can significantly differ across a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of taxable property within their boundaries. This calculation results in the property tax rate. While votes and legislation play a role in setting tax rates and budgets, this is the fundamental annual process.
You can compare Fayette County's effective property tax rate to other counties in Alabama or the U.S. median property tax rate. With a median property tax rate of 0.31%, Fayette County falls well below the national median rate of 1.02%. This means that property owners in Fayette County generally pay less in property taxes compared to the national average. Such a lower tax rate can be an attractive factor for potential homeowners looking to minimize their property tax expenses. Understanding these differences can help property owners make informed decisions about their investments and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Fayette County Tax Rate
0.31%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fayette County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bankston | 0.16% | 0.23% | 0.28% | 0.37% | 0.62% |
| Belk | 0.25% | 0.29% | 0.34% | 0.64% | 0.81% |
| Berry | 0.17% | 0.24% | 0.30% | 0.54% | 0.72% |
| Carbon Hill | 0.16% | 0.22% | 0.28% | 0.41% | 0.62% |
| Eldridge | 0.17% | 0.23% | 0.29% | 0.34% | 0.62% |
| Fayette | 0.21% | 0.27% | 0.35% | 0.62% | 0.82% |
| Glen Allen | 0.20% | 0.27% | 0.30% | 0.33% | 0.56% |
| Guin | 0.16% | 0.24% | 0.29% | 0.54% | 0.62% |
| Kennedy | 0.21% | 0.24% | 0.31% | 0.59% | 0.72% |
| Oakman | N/A | N/A | N/A | N/A | N/A |
| Winfield | 0.21% | 0.26% | 0.30% | 0.50% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Fayette County, Alabama
When examining property taxes in Fayette County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fayette County Revenue Commissioner estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Fayette County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fayette County.
For example, the median tax bill in Fayette County is $457.00, with tax bills ranging significantly across the county. Winfield has the highest median home price at $115,550.
Median Fayette County Market Value
$94,200
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fayette County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bankston | $18,440 | $42,100 | $90,700 | $155,250 | $218,660 |
| Belk | $39,350 | $56,725 | $80,750 | $129,200 | $275,430 |
| Berry | $11,580 | $30,000 | $76,000 | $139,000 | $224,540 |
| Carbon Hill | $23,200 | $41,400 | $96,700 | $155,400 | $217,440 |
| Eldridge | $18,250 | $44,175 | $93,400 | $181,725 | $277,750 |
| Fayette | $24,950 | $51,600 | $96,600 | $170,050 | $263,420 |
| Glen Allen | $19,060 | $30,875 | $82,200 | $169,750 | $253,640 |
| Guin | $12,240 | $41,400 | $101,400 | $156,350 | $255,720 |
| Kennedy | $24,670 | $46,175 | $81,450 | $143,675 | $213,700 |
| Oakman | N/A | N/A | N/A | N/A | N/A |
| Winfield | $21,930 | $51,950 | $115,550 | $194,000 | $270,700 |
Source: Ownwell
Property Tax Bills Across Fayette County, Alabama
Median Fayette County Tax Bill
$330
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Fayette County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bankston | $44 | $109 | $249 | $471 | $697 |
| Belk | $184 | $226 | $457 | $752 | $980 |
| Berry | $32 | $82 | $231 | $444 | $793 |
| Carbon Hill | $45 | $106 | $271 | $452 | $770 |
| Eldridge | $44 | $121 | $306 | $548 | $836 |
| Fayette | $76 | $187 | $370 | $651 | $1,045 |
| Glen Allen | $52 | $158 | $236 | $451 | $611 |
| Guin | $62 | $106 | $266 | $487 | $881 |
| Kennedy | $72 | $146 | $248 | $484 | $661 |
| Oakman | N/A | N/A | N/A | N/A | N/A |
| Winfield | $52 | $151 | $371 | $638 | $921 |
Source: Ownwell