Rehobeth, Alabama Property Taxes
The median property tax rate in Rehobeth, AL is 0.63%, which is lower than the national median of 0.99% but higher than the Alabama state median of 0.47%. With a median home value of $29,400 in Rehobeth, the typical annual property tax bill is $184, significantly below the national median of $2,690. Property taxes in Rehobeth are calculated based on the tax assessed value, which often falls below market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Rehobeth'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 Rehobeth or another part of Geneva County, getting to know the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rehobeth, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$185
$172
Ownwell’s Rehobeth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rehobeth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rehobeth 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 Rehobeth, Alabama
Property taxes in Rehobeth, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rehobeth is 0.63%, which is lower than the U.S. national median of 0.99%. Local government entities within Rehobeth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rehobeth 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 Rehobeth's effective property tax rate to other areas in Geneva County and the national median. For comparison, the zip code 36301 has both the highest and lowest median property tax rate of 0.63%. Understanding how these areas compare with Rehobeth 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 Rehobeth Tax Rate
0.63%
Average Geneva County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rehobeth, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36301 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Rehobeth, Alabama
In Rehobeth, 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. Assessment notices in Rehobeth 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. For example, the highest and lowest median tax bills in the area are both $184, found in the 36301 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rehobeth Assessed Value
$29,400
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 Rehobeth, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36301 | $29,400 | $29,400 | $29,400 | $29,400 | $29,400 |
Source: Ownwell
Property Tax Bills Across Rehobeth, Alabama
Property tax bills in Rehobeth, located in Geneva County, Alabama, are determined by assessing the market value of a property and applying the local tax rate to that value. The median home price in Rehobeth is $29,400, and the tax rate is reflective of the county's policies. Homeowners in Rehobeth can expect a median property tax bill of $184, which falls significantly below the national median property tax rate of 0.99%. The assessed value of a property is a crucial factor in determining the tax bill. This value is calculated based on the market value and then multiplied by the assessment ratio set by the county. In Rehobeth, the tax bill remains consistent across various percentiles, with the 25th, 75th, and 90th percentiles all reporting the same tax bill of $184. This uniformity suggests a stable and predictable property tax environment for homeowners. For homeowners, understanding how property taxes are calculated helps in financial planning and ensures they are prepared for their annual tax obligations.
Average Rehobeth Tax Bill
$184
Average Geneva County Tax Bill
$373
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Rehobeth, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36301 | $184 | $184 | $184 | $184 | $184 |
Source: Ownwell