Docena, Alabama Property Taxes
The median property tax rate in Docena, AL is 1.00%, slightly higher than the national median of 0.99% and significantly above the Alabama state median of 0.47%. With a median home value of $30,500 in Docena, the typical annual property tax bill is $225, which is well below the national median of $2,690. Property taxes in Docena are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Docena'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 Docena 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
Docena, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$305
Ownwell’s Docena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Docena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Docena 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 Docena, Alabama
Property taxes in Docena, Alabama, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Docena is 0.33%, significantly lower than both the Alabama state median of 0.40% and the U.S. national median of 0.99%. Local government entities within Docena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Docena 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 Docena's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35203 zip code has the highest median property tax rate of 0.66%, while the 35005 zip code has the lowest median tax rate of 0.33%. Understanding how these cities compare with Docena 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 Docena Tax Rate
1.00%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Docena, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35060 | 0.33% | 0.41% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Docena, Alabama
In Docena, 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 Docena, 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. For example, the median home price in Docena is $30,500, with annual tax bills ranging from $140 at the 25th percentile to $458 at the 90th percentile. The highest and lowest median tax bills are both $225 in the 35060 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Docena Assessed Value
$30,500
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 Docena, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35060 | $12,620 | $21,200 | $30,500 | $41,300 | $56,180 |
Source: Ownwell
Property Tax Bills Across Docena, Alabama
In Docena, located in Jefferson County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Factors such as property size, location, and improvements can influence this valuation. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For homeowners in Docena, the property tax bills can vary significantly. The 25th percentile tax bill is around $140, while the 75th percentile reaches $352, and the 90th percentile can go up to $458. These figures highlight the range of property tax burdens faced by residents. Compared to the national median property tax rate of 0.99%, homeowners in Docena experience a relatively lower tax rate. This lower tax burden can be beneficial for homeowners, making it more affordable to maintain property ownership in this region.
Average Docena Tax Bill
$225
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Docena, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35060 | $73 | $140 | $225 | $352 | $458 |
Source: Ownwell