Sawyerville, Alabama Property Taxes
The median property tax rate in Sawyerville, 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 Sawyerville at $62,300, the typical annual property tax bill is $200, which is well below the national median of $2,690. Property taxes in Sawyerville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Sawyerville'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 Sawyerville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sawyerville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$187
Ownwell’s Sawyerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sawyerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sawyerville 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 Sawyerville, Alabama
Property taxes in Sawyerville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sawyerville is 0.33%, significantly lower than both the Alabama state median of 0.37% and the U.S. national median of 0.99%. Local government entities within Sawyerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sawyerville 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 Sawyerville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama is found in Jefferson County at 0.66%, while the lowest median tax rate is in Crenshaw County at 0.16%. Understanding how these counties compare with Sawyerville provides valuable insights into the varying tax landscape across Hale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sawyerville Tax Rate
0.30%
Average Hale County Tax Rate
0.33%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sawyerville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36776 | 0.16% | 0.22% | 0.30% | 0.48% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Sawyerville, Alabama
In Sawyerville, 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 local 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 Sawyerville, 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 Sawyerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median tax bill in the area is $200, with the highest and lowest median tax bills both occurring in the 36776 zip code.
Average Sawyerville Assessed Value
$62,300
Average Hale County Assessed Value
$85,050
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sawyerville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36776 | $20,460 | $34,810 | $62,300 | $111,110 | $192,960 |
Source: Ownwell
Property Tax Bills Across Sawyerville, Alabama
In Sawyerville, located in Hale County, AL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Sawyerville is $62,300. Property taxes here are influenced by various factors, including the property’s assessed value, local tax rates, and applicable exemptions. For instance, the tax bill at the 25th percentile is $95, while at the 75th percentile, it rises to $391, and at the 90th percentile, it reaches $724. These figures illustrate the range of property tax bills homeowners might expect, depending on their property's assessed value and any applicable deductions or exemptions. Compared to the national median property tax rate of 0.99%, Sawyerville's property tax bills can be relatively modest, making it potentially more affordable for homeowners. However, understanding how these factors interplay is crucial for homeowners to manage their property tax liabilities effectively.
Average Sawyerville Tax Bill
$200
Average Hale County Tax Bill
$328
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Sawyerville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36776 | $48 | $95 | $200 | $391 | $724 |
Source: Ownwell