Dora, Jefferson County, Alabama Property Taxes
The median property tax rate in Dora, AL is 0.47%, aligning with the state median but considerably lower than the national median of 0.99%. With a median home value of $135,700, the typical annual property tax bill in Dora amounts to $694, which is significantly below the national median of $2,690. Property taxes in Dora are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dora'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 Dora 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
Dora, Jefferson County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$638
$592
Ownwell’s DORA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DORA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DORA 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 Dora, Jefferson County, Alabama
Property taxes in Dora, Alabama, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dora is 0.47%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Dora set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dora 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 Dora's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35062 zip code has both the highest and lowest median property tax rate of 0.47%. Understanding how these cities compare with Dora 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 Dora Tax Rate
0.47%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dora, Jefferson County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35062 | 0.37% | 0.44% | 0.47% | 0.50% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Dora, Jefferson County, Alabama
In DORA, 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 DORA, 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 DORA 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 $694.00 in zip code 35062, offering a benchmark for comparison.
Property Tax Assessment Values Across Dora, Jefferson County, Alabama
Source: Ownwell
$4,300
$414,375
$824,450
Average Dora Assessed Value
$135,700
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 Dora, Jefferson County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35062 | $37,900 | $75,600 | $135,700 | $204,675 | $296,380 |
Source: Ownwell
Property Tax Bills Across Dora, Jefferson County, Alabama
In DORA, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is typically a percentage of the market value of the home. In Jefferson County, where DORA is located, the median home price is $135,700. Factors such as the property's location, size, and condition, as well as any improvements made, can influence the assessed value. The local tax rate is then applied to the assessed value to determine the tax bill. Homeowners in DORA can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $376, while the 75th percentile tax bill reaches $1,094. At the 90th percentile, homeowners might see tax bills as high as $1,663. These property tax bills can impact homeowners by influencing their monthly mortgage payments and overall housing affordability. Comparing this to the national median property tax rate of 0.99%, DORA's rates can be more favorable or less, depending on the specific property and assessed value.
Average Dora Tax Bill
$694
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Dora, Jefferson County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35062 | $177 | $376 | $694 | $1,094 | $1,663 |
Source: Ownwell