Daleville, Alabama Property Taxes
The median property tax rate in Daleville, Alabama is 0.30%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Daleville being $155,600, the typical annual property tax bill is $396, far below the national median of $2,690. Property taxes in Daleville are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Daleville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Daleville or another part of Geneva County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Daleville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$467
$433
Ownwell’s Daleville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Daleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Daleville 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 Daleville, Alabama
Property taxes in Daleville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Daleville is 0.30%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Daleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Daleville 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 Daleville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Geneva County is 0.30%, while the lowest median tax rate is also 0.30%. Understanding how these cities compare with Daleville provides valuable insights into the varying tax landscape across Geneva County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Daleville Tax Rate
0.30%
Average Geneva County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Daleville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36322 | 0.19% | 0.26% | 0.30% | 0.55% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Daleville, Alabama
In Daleville, 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 Geneva 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 Daleville, 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 Daleville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Daleville are both $396, found in the 36322 zip code.
Average Daleville Assessed Value
$155,600
Average Geneva County Assessed Value
$100,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Daleville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36322 | $49,690 | $113,000 | $155,600 | $241,300 | $330,450 |
Source: Ownwell
Property Tax Bills Across Daleville, Alabama
Property tax bills in Daleville, Geneva County, AL are calculated based on the assessed value of a property, which is a percentage of its market value. In Daleville, the median home price is $155,600. The property tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Daleville, the tax bills vary significantly. For instance, the tax bill at the 25th percentile is $293, while at the 75th percentile, it rises to $797. At the 90th percentile, homeowners can expect a tax bill of around $1,000. Factors such as property improvements, location, and market trends influence the assessed value, ultimately affecting the tax bill. Compared to the national median property tax rate of 0.99%, Daleville's property tax bills are relatively moderate. This system ensures that property taxes are proportionate to the value of the property, impacting homeowners differently based on their property's assessed value.
Average Daleville Tax Bill
$396
Average Geneva County Tax Bill
$373
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Daleville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36322 | $199 | $293 | $396 | $797 | $1,000 |
Source: Ownwell