Kinston, Geneva County, Alabama Property Taxes
The median property tax rate in Kinston, AL is 0.28%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Kinston, the typical annual property tax bill amounts to $299, which is well below the national median of $2,690. Property taxes in Kinston are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Kinston'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 Kinston or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kinston, Geneva County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$269
$250
Ownwell’s Kinston Property Tax Bill Calculator aids homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Kinston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kinston 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 Kinston, Geneva County, Alabama
Property taxes in Kinston, Alabama, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Kinston is 0.28%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Kinston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kinston 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 Kinston'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 found in the zip code with a rate of 0.35%, while the lowest median tax rate is in another zip code with a rate of 0.22%. Understanding how these cities compare with Kinston 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 Kinston Tax Rate
0.28%
Average Geneva County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kinston, Geneva County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36453 | 0.14% | 0.21% | 0.28% | 0.46% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Kinston, Geneva County, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kinston, Alabama. 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. Assessment notices in Kinston 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 Kinston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 36453 has the highest and lowest median tax bill, both at $299.
Property Tax Assessment Values Across Kinston, Geneva County, Alabama
Source: Ownwell
$55,400
$105,500
$155,600
Average Kinston Assessed Value
$96,050
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 Kinston, Geneva County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36453 | $37,600 | $54,300 | $96,050 | $165,000 | $248,950 |
Source: Ownwell
Property Tax Bills Across Kinston, Geneva County, Alabama
In Kinston, property tax bills are calculated based on the assessed value of a home, which is determined by the Geneva County tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For Kinston homeowners, the median home price is $96,050, with tax bills ranging from $132 at the 25th percentile to $733 at the 90th percentile. The highest and lowest median tax bills in Geneva County are both $299, indicating a relatively uniform tax rate within the county. Several factors influence a homeowner's tax bill, including property size, location, and any applicable exemptions. While the national median property tax rate is 0.99%, individual tax rates can vary, affecting how much homeowners ultimately pay. Understanding these factors can help Kinston residents anticipate their property tax obligations and budget accordingly. By being aware of how property taxes are calculated, homeowners can better manage their financial planning and ensure they are not caught off guard by their annual tax bill.
Average Kinston Tax Bill
$299
Average Geneva County Tax Bill
$373
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Kinston, Geneva County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36453 | $66 | $132 | $299 | $438 | $733 |
Source: Ownwell