Bham, Alabama Property Taxes
The median property tax rate in Birmingham, AL is 1.19%, considerably higher than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Birmingham at $61,300, the typical annual property tax bill reaches $539, which is well below the national median of $2,690. Property taxes in Birmingham are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Birmingham's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Birmingham or another part of Jefferson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bham, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$729
Ownwell’s BHAM Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in BHAM with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BHAM to provide an estimate of 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 Jefferson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bham, Alabama
Property taxes in BHAM, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in BHAM is 1.19%, which is higher than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within BHAM set these rates annually, and they can vary significantly across different neighborhoods. Each year, BHAM 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 BHAM's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35215 zip code has the highest median property tax rate of 2.14%, while the 35234 zip code has the lowest median tax rate of 0.56%. Understanding how these cities compare with BHAM provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bham Tax Rate
1.19%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bham, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35036 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
| 35064 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| 35071 | 0.66% | 0.79% | 1.00% | 1.10% | 1.16% |
| 35073 | N/A | N/A | N/A | N/A | N/A |
| 35094 | 0.16% | 0.33% | 0.61% | 0.90% | 1.07% |
| 35118 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
| 35119 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
| 35126 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
| 35130 | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% |
| 35173 | 0.35% | 0.39% | 1.00% | 1.13% | 1.16% |
| 35203 | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
| 35204 | 0.49% | 0.58% | 1.06% | 1.45% | 1.45% |
| 35205 | N/A | N/A | N/A | N/A | N/A |
| 35206 | 0.61% | 0.84% | 1.45% | 1.45% | 1.45% |
| 35207 | 0.49% | 0.52% | 0.57% | 1.01% | 1.27% |
| 35208 | 0.56% | 0.60% | 0.73% | 1.45% | 1.45% |
| 35209 | 1.38% | 1.39% | 1.41% | 1.43% | 1.44% |
| 35210 | 0.63% | 1.13% | 1.45% | 1.45% | 1.45% |
| 35211 | 0.47% | 0.56% | 1.45% | 1.45% | 1.45% |
| 35213 | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
| 35214 | 0.59% | 1.14% | 1.45% | 1.45% | 1.45% |
| 35215 | 0.86% | 0.92% | 2.14% | 2.43% | 2.43% |
| 35216 | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% |
| 35217 | 1.16% | 1.21% | 1.29% | 1.37% | 1.42% |
| 35218 | 0.59% | 0.63% | 1.45% | 1.45% | 1.45% |
| 35221 | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
| 35223 | 0.46% | 0.75% | 1.08% | 1.08% | 1.08% |
| 35224 | 0.35% | 0.36% | 0.91% | 1.45% | 1.45% |
| 35234 | 0.54% | 0.55% | 0.56% | 1.45% | 1.45% |
| 35235 | 1.16% | 1.21% | 1.29% | 1.37% | 1.42% |
| 35243 | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Bham, Alabama
In BHAM, 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 Jefferson 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 BHAM, 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. For instance, the highest median tax bill in Jefferson County is $6,910 in the 35223 zip code, while the lowest is $104 in the 35036 zip code. Being aware of these valuation processes in BHAM helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bham Assessed Value
$61,300
Average Jefferson County Assessed Value
$150,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bham, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35036 | $15,390 | $25,425 | $42,150 | $58,875 | $68,910 |
| 35064 | $66,100 | $66,100 | $66,100 | $66,100 | $66,100 |
| 35071 | $62,520 | $88,500 | $105,700 | $114,000 | $175,140 |
| 35073 | N/A | N/A | N/A | N/A | N/A |
| 35094 | $63,100 | $121,750 | $219,500 | $317,250 | $375,900 |
| 35118 | $94,800 | $94,800 | $94,800 | $94,800 | $94,800 |
| 35119 | $3,100 | $3,100 | $3,100 | $3,100 | $3,100 |
| 35126 | $28,250 | $40,625 | $61,250 | $81,875 | $94,250 |
| 35130 | $1,135,000 | $1,135,000 | $1,135,000 | $1,135,000 | $1,135,000 |
| 35173 | $13,920 | $19,200 | $19,900 | $22,400 | $30,380 |
| 35203 | $13,530 | $14,475 | $24,550 | $65,900 | $123,140 |
| 35204 | $17,930 | $25,325 | $96,050 | $122,975 | $139,590 |
| 35205 | N/A | N/A | N/A | N/A | N/A |
| 35206 | $15,750 | $46,800 | $64,500 | $78,150 | $104,670 |
| 35207 | $22,450 | $24,275 | $30,100 | $43,950 | $54,400 |
| 35208 | $44,680 | $53,300 | $63,800 | $72,450 | $84,720 |
| 35209 | $61,480 | $86,800 | $129,000 | $171,200 | $196,520 |
| 35210 | $4,300 | $4,300 | $4,300 | $53,350 | $86,680 |
| 35211 | $8,950 | $10,750 | $28,000 | $56,100 | $111,750 |
| 35213 | $208,100 | $245,400 | $271,700 | $280,200 | $286,620 |
| 35214 | $33,000 | $33,300 | $52,000 | $103,900 | $144,160 |
| 35215 | $24,500 | $24,500 | $32,300 | $32,400 | $138,700 |
| 35216 | $15,260 | $29,750 | $53,900 | $207,650 | $299,900 |
| 35217 | $11,700 | $15,750 | $20,600 | $24,625 | $27,190 |
| 35218 | $35,430 | $48,900 | $70,250 | $84,275 | $104,130 |
| 35221 | $61,200 | $61,200 | $61,200 | $61,200 | $61,200 |
| 35223 | $510,740 | $585,100 | $781,100 | $823,000 | $855,900 |
| 35224 | $5,770 | $11,125 | $26,000 | $39,575 | $42,590 |
| 35234 | $24,100 | $30,900 | $37,400 | $41,200 | $47,080 |
| 35235 | $22,080 | $29,700 | $42,400 | $72,350 | $90,320 |
| 35243 | $95,440 | $168,100 | $289,200 | $410,300 | $482,960 |
Source: Ownwell
Property Tax Bills Across Bham, Alabama
In BHAM, Jefferson County, AL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value, which is determined by the county’s property assessor. For instance, if the median home price is $61,300, the assessed value would be a fraction of this amount. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property location, home improvements, and exemptions for which a homeowner might qualify. For example, in Jefferson County, tax bills can vary significantly, with the 25th percentile paying around $304 annually and the 75th percentile paying approximately $906. The highest median tax bill in the area can reach up to $6,910, while the lowest median tax bill is about $104. This variability means homeowners need to be aware of how changes in property values and tax rates can impact their financial obligations.
Average Bham Tax Bill
$539
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Bham, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35036 | $104 | $104 | $104 | $104 | $104 |
| 35064 | $408 | $408 | $408 | $408 | $408 |
| 35071 | $611 | $849 | $1,245 | $1,308 | $1,345 |
| 35073 | N/A | N/A | N/A | N/A | N/A |
| 35094 | $185 | $202 | $229 | $257 | $274 |
| 35118 | $1,045 | $1,045 | $1,045 | $1,045 | $1,045 |
| 35119 | $31 | $31 | $31 | $31 | $31 |
| 35126 | $1,027 | $1,027 | $1,027 | $1,027 | $1,027 |
| 35130 | $1,278 | $1,278 | $1,278 | $1,278 | $1,278 |
| 35173 | $73 | $75 | $118 | $236 | $309 |
| 35203 | $193 | $202 | $218 | $356 | $439 |
| 35204 | $151 | $381 | $1,108 | $1,431 | $2,270 |
| 35205 | N/A | N/A | N/A | N/A | N/A |
| 35206 | $403 | $631 | $832 | $984 | $1,096 |
| 35207 | $145 | $191 | $268 | $314 | $341 |
| 35208 | $303 | $365 | $526 | $870 | $979 |
| 35209 | $874 | $1,216 | $1,785 | $2,355 | $2,696 |
| 35210 | $62 | $62 | $62 | $245 | $575 |
| 35211 | $152 | $162 | $234 | $304 | $532 |
| 35213 | $1,870 | $1,889 | $1,931 | $1,990 | $2,040 |
| 35214 | $307 | $416 | $479 | $982 | $1,881 |
| 35215 | $266 | $276 | $594 | $594 | $833 |
| 35216 | $104 | $104 | $104 | $104 | $104 |
| 35217 | $144 | $163 | $196 | $229 | $249 |
| 35218 | $303 | $445 | $629 | $892 | $1,195 |
| 35221 | $372 | $372 | $372 | $372 | $372 |
| 35223 | $3,064 | $4,086 | $6,910 | $8,695 | $9,277 |
| 35224 | $47 | $106 | $172 | $315 | $514 |
| 35234 | $208 | $216 | $227 | $291 | $390 |
| 35235 | $580 | $731 | $982 | $1,233 | $1,383 |
| 35243 | $3,999 | $3,999 | $3,999 | $3,999 | $3,999 |
Source: Ownwell