Pinson, Alabama Property Taxes
The median property tax rate in Pinson, AL is 0.50%, slightly higher than the Alabama state median of 0.47% but below the national median of 0.99%. With the median home value in Pinson at $169,900, the typical annual property tax bill is $969, significantly less than the national median of $2,690. Property taxes in Pinson 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 Pinson'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 Pinson 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
Pinson, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Pinson Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Pinson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinson 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 Jefferson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pinson, Alabama
Property taxes in Pinson, Alabama, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pinson is 0.50%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Pinson set these rates annually, and they can vary across different neighborhoods. Each year, Pinson 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 Pinson's effective property tax rate to other areas in Jefferson County and the national median. For comparison, the zip code 35126 has a median property tax rate of 0.50%. Understanding how these areas compare with Pinson 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 Pinson Tax Rate
0.50%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35126 | 0.44% | 0.47% | 0.50% | 0.54% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Pinson, Alabama
In Pinson, 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 Pinson, 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 Pinson is $169,900, with tax bills ranging from $707 at the 25th percentile to $1,838 at the 90th percentile. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code with the highest and lowest median tax bill is 35126, both at $969. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pinson Assessed Value
$169,900
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 Pinson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35126 | $85,000 | $133,100 | $169,900 | $230,100 | $306,540 |
Source: Ownwell
Property Tax Bills Across Pinson, Alabama
In Pinson, Jefferson County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Pinson’s median home price is $169,900, and the property tax rate in this area is relatively low compared to the national median of 0.99%. Homeowners in Pinson can expect a range of property tax bills. At the 25th percentile, the tax bill is around $707, while at the 75th percentile, it rises to $1,383. For those at the 90th percentile, the bill can reach up to $1,838. The highest and lowest median tax bills in Pinson are both $969, indicating a consistent tax rate across the area. These tax bills impact homeowners by influencing their overall housing costs, and it's essential to consider these expenses when budgeting for homeownership in Pinson.
Average Pinson Tax Bill
$969
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35126 | $470 | $707 | $969 | $1,383 | $1,838 |
Source: Ownwell