Irondale, Alabama Property Taxes
The median property tax rate in Irondale, AL is 0.55%, slightly higher than the state median of 0.47% but lower than the national median of 0.99%. With a median home value of $182,700 in Irondale, the typical annual property tax bill is about $1,200, which is below the national median of $2,690. Property taxes in Irondale are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Irondale'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 Irondale or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Irondale, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,005
$932
Ownwell’s Irondale Property Tax Bill Calculator assists homeowners, real estate investors, or potential buyers in estimating their annual property taxes in Irondale using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Irondale to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more granular insights, localized information is available further down the page. Your property’s assessed value is determined by Jefferson County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Irondale, Alabama
Property taxes in Irondale, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Irondale is 0.55%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Irondale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Irondale 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 Irondale's effective property tax rate to other areas in Jefferson County and the national median. For comparison, the zip code 35210 has the highest median property tax rate of 0.55%, while the same zip code also has the lowest median tax rate of 0.55%. Understanding how these areas compare with Irondale 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 Irondale Tax Rate
0.55%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Irondale, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35210 | 0.51% | 0.54% | 0.55% | 0.73% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Irondale, Alabama
In Irondale, 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 Irondale, 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. The median home price in Irondale is $182,700, with tax bills ranging from $896 at the 25th percentile to $2,343 at the 90th percentile. The zip code with the highest and lowest median tax bill is 35210, both at $1,200. By understanding 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 Irondale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Irondale Assessed Value
$182,700
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 Irondale, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35210 | $107,600 | $153,000 | $182,700 | $225,700 | $288,700 |
Source: Ownwell
Property Tax Bills Across Irondale, Alabama
In Irondale, located in Jefferson County, AL, property tax bills are calculated based on the assessed value of the home, which is a percentage of the market value. The median home price in Irondale is $182,700. The tax bill is determined by applying the local tax rate to this assessed value. Factors such as property improvements, location, and market conditions can influence the assessed value, thereby affecting the final tax bill. For homeowners in Irondale, the property tax burden varies significantly. The 25th percentile tax bill is $896, while the 75th percentile reaches $1702, and the 90th percentile climbs to $2343. The median property tax rate in Irondale is notably lower than the national median property tax rate of 0.99%. This means homeowners in Irondale generally enjoy lower property tax bills compared to other parts of the country, which can be a financial relief and a potential draw for new residents looking for more affordable living options.
Average Irondale Tax Bill
$1,200
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Irondale, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35210 | $711 | $896 | $1,200 | $1,702 | $2,343 |
Source: Ownwell