Webb, Alabama Property Taxes
The median property tax rate in WEBB, AL is 0.36%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $80,600 in WEBB, the typical annual property tax bill amounts to $362, which is well below the national median of $2,690. Property taxes in WEBB are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding WEBB'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 WEBB or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Webb, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.36%
Estimate Property Tax Bill
$290
$269
Ownwell’s Webb Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Webb with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Webb 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 Webb, Alabama
Property taxes in Webb, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Webb 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 Webb set these rates annually, and they can vary significantly across different neighborhoods. Each year, Webb 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 Webb's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 36608 has the highest median property tax rate of 0.69%, while zip code 36830 has the lowest median tax rate of 0.24%. Understanding how these cities compare with Webb provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Webb Tax Rate
0.36%
Average Houston County Tax Rate
0.36%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Webb, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36376 | 0.25% | 0.31% | 0.36% | 0.66% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Webb, Alabama
In Webb, 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 Houston 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. In Webb, 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 Webb helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $362 in the 36376 zip code, while the lowest median tax bill is also $362 in the same zip code.
Average Webb Assessed Value
$80,600
Average Houston County Assessed Value
$117,800
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Webb, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36376 | $19,500 | $48,200 | $80,600 | $147,100 | $229,080 |
Source: Ownwell
Property Tax Bills Across Webb, Alabama
In Webb, Houston County, AL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Webb is $80,600. Once the property is assessed, the local tax rate is applied to determine the tax bill. For example, the 25th percentile of tax bills is $185, while the 75th percentile reaches $571. At the 90th percentile, homeowners might see bills as high as $955. These figures indicate that while some homeowners pay relatively low property taxes, others might face significantly higher bills depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Webb’s property tax bills are generally more affordable. This variation in tax bills can impact homeowners differently, influencing their overall housing costs and financial planning. Understanding these factors can help homeowners better anticipate their annual property tax obligations and budget accordingly.
Average Webb Tax Bill
$362
Average Houston County Tax Bill
$515
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Webb, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36376 | $78 | $185 | $362 | $571 | $955 |
Source: Ownwell