Henry County, Alabama Property Taxes
The median property tax rate in Henry County is 0.37%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Henry County at $118,764, the typical annual property tax bill reaches $519, well below the national median of $2,690. Property taxes in Henry County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Henry County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Headland or another part of Henry County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Henry County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$439
$408
Ownwell’s Henry County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Henry County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Henry County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Henry County, Alabama
Property taxes in Henry County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Henry County is 0.37%, which is lower than the U.S. national median of 0.99%. Local government entities within Henry County set these rates annually, and they can vary significantly between different areas within the county. Each year, Henry County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Dothan has one of the higher property tax rates in Alabama at 0.41%, while the city of Headland boasts one of the lowest at 0.40%. Analyzing how Henry County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Henry County Tax Rate
0.37%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Henry County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbeville | 0.20% | 0.31% | 0.37% | 0.74% | 0.88% |
| Clayton | N/A | N/A | N/A | N/A | N/A |
| Clopton | 0.18% | 0.24% | 0.33% | 0.50% | 0.74% |
| Columbia | 0.18% | 0.27% | 0.33% | 0.40% | 0.74% |
| Dothan | 0.26% | 0.35% | 0.41% | 0.72% | 0.75% |
| Eufaula | 0.13% | 0.22% | 0.27% | 0.34% | 0.50% |
| Headland | 0.28% | 0.35% | 0.40% | 0.44% | 0.88% |
| Newville | 0.20% | 0.28% | 0.36% | 0.74% | 0.88% |
| Shorterville | 0.16% | 0.23% | 0.33% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Henry County, Alabama
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Henry County, Alabama. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Henry County Appraisal District. The assessed value, however, 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 Henry County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Henry County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Henry County, the median home price is $118,764. The city with the highest median tax bill is Dothan at $765, while Clopton has the lowest at $292. By understanding these figures, property owners can make more informed decisions about their property tax obligations.
Average Henry County Assessed Value
$118,764
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Henry County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbeville | $23,509 | $46,736 | $93,302 | $180,706 | $278,348 |
| Clayton | N/A | N/A | N/A | N/A | N/A |
| Clopton | $23,373 | $43,802 | $84,805 | $140,800 | $201,765 |
| Columbia | $40,420 | $70,690 | $126,342 | $214,789 | $327,612 |
| Dothan | $84,598 | $128,124 | $185,637 | $208,052 | $304,158 |
| Eufaula | $29,361 | $78,981 | $135,271 | $166,206 | $206,801 |
| Headland | $51,803 | $90,899 | $163,895 | $244,222 | $339,871 |
| Newville | $32,015 | $56,081 | $95,562 | $154,138 | $257,166 |
| Shorterville | $22,876 | $38,952 | $87,169 | $156,488 | $296,480 |
Source: Ownwell
Property Tax Bills Across Henry County, Alabama
Property tax bills in Henry County, AL, are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the home. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Henry County experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $246, while at the 75th percentile, it rises to $868. The 90th percentile tax bill can reach up to $1,264. Comparatively, the highest median tax bill within the county is $765 in Dothan, whereas Clopton has the lowest median tax bill at $292. These variations affect homeowners differently, depending on their property's assessed value and location. Understanding these factors can help homeowners anticipate and manage their property tax expenses effectively.
Average Henry County Tax Bill
$519
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Henry County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbeville | $71 | $180 | $400 | $752 | $1,115 |
| Clayton | N/A | N/A | N/A | N/A | N/A |
| Clopton | $71 | $140 | $292 | $518 | $714 |
| Columbia | $125 | $239 | $435 | $778 | $1,218 |
| Dothan | $422 | $535 | $765 | $930 | $1,233 |
| Eufaula | $54 | $153 | $358 | $575 | $863 |
| Headland | $205 | $413 | $727 | $1,047 | $1,425 |
| Newville | $121 | $218 | $400 | $681 | $982 |
| Shorterville | $68 | $150 | $329 | $631 | $936 |
Source: Ownwell