Eutaw, Greene County, Alabama Property Taxes
Median Eutaw, AL effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, and matches the Alabama state median of 0.47%.
Median Eutaw, AL home value: $75,800
Median annual Eutaw, AL tax bill: $389, $2,011 lower than the national median property tax bill of $2,400.
How are property taxes in Greene County calculated?
Property taxes in Eutaw, AL 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 Eutaw’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eutaw, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Eutaw, Greene County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$356
$331
Property Tax Rates Across Eutaw, Greene County, Alabama
Local government entities set tax rates, which can vary widely within a state. In Alabama, for example, tax rates can differ significantly from one area to another. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Eutaw, located in Greene County, the effective property tax rate is 0.47%. This rate is notably lower than the national median property tax rate of 1.02%. Compared to other cities in Alabama, Eutaw's rate is consistent with the state’s median, making it an attractive location for property owners seeking lower tax burdens. The relatively low property tax rate in Eutaw and Greene County can be appealing for potential homeowners or investors looking for cost-effective real estate opportunities. By understanding these rates, property owners can make informed decisions about their investments and potential savings on property taxes.
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 Eutaw Tax Rate
0.47%
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 Greene County Tax Rate
0.45%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eutaw, Greene County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35462 | 0.28% | 0.40% | 0.47% | 0.62% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Eutaw, Greene County, Alabama
When examining property taxes in Eutaw, Alabama, 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 Greene County Appraisal District 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.
In Greene 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 Eutaw.
For example, the median home price in Eutaw is $75,800, with tax bills ranging significantly across the county. Zip code 35462 has the highest median home price at $75,800.
Property Tax Assessment Values Across Eutaw, Greene County, Alabama
Source: Ownwell
$47,750
$61,775
$75,800
Median Eutaw Market Value
$75,800
Median Greene County Market Value
$64,700
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eutaw, Greene County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35462 | $20,000 | $39,600 | $75,800 | $131,400 | $221,400 |
Source: Ownwell
Property Tax Bills Across Eutaw, Greene County, Alabama
Median Eutaw Tax Bill
$389
Median Greene County Tax Bill
$290
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Eutaw, Greene County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35462 | $86 | $174 | $389 | $721 | $1,148 |
Source: Ownwell