Quinton, Alabama Property Taxes
The median property tax rate in Quinton, AL is 0.47%, which aligns with the state median but is significantly lower than the national median of 0.99%. With a median home value of $84,700 in Quinton, the typical annual property tax bill amounts to $463, well below the national median of $2,690. Property taxes in Quinton are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Quinton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Quinton or another part of Jefferson County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Quinton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$398
$369
Ownwell’s Quinton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Quinton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Quinton 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 Quinton, Alabama
Property taxes in Quinton, Alabama, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Quinton is 0.47%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Quinton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Quinton 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 Quinton's effective property tax rate to other areas in Jefferson County and the national median. For comparison, the zip code 35130 has the highest median property tax rate of 0.47%, while the zip code 35023 has the lowest median tax rate of 0.42%. Understanding how these areas compare with Quinton 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 Quinton 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 Quinton, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35023 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
35130 | 0.37% | 0.44% | 0.47% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Quinton, Alabama
In Quinton, 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 Quinton, 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 example, the highest median tax bill in Jefferson County is $1,908 in the 35023 zip code, while the lowest is $461 in the 35130 zip code. Being aware of these valuation processes in Quinton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Quinton Assessed Value
$84,700
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 Quinton, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35023 | $454,800 | $454,800 | $454,800 | $454,800 | $454,800 |
35130 | $24,560 | $49,375 | $84,600 | $134,675 | $186,410 |
Source: Ownwell
Property Tax Bills Across Quinton, Alabama
In Quinton, property tax bills are calculated based on the assessed value of a home, which is determined by the Jefferson County tax assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in Quinton can expect their tax bills to vary significantly depending on their property's assessed value and the local tax rate. For instance, the median home price in Quinton is $84,700. Tax bills in Quinton range widely, with the 25th percentile tax bill at $256 and the 75th percentile at $742. The 90th percentile tax bill can reach up to $1,147. This variability is influenced by factors such as property size, location, and any applicable exemptions. Comparatively, the highest median tax bill in Jefferson County is $1,908 in the 35023 zip code, while the lowest is $461 in the 35130 zip code. These property taxes significantly impact homeowners by affecting their annual housing costs and overall financial planning.
Average Quinton Tax Bill
$463
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Quinton, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35023 | $1,908 | $1,908 | $1,908 | $1,908 | $1,908 |
35130 | $135 | $255 | $461 | $741 | $1,142 |
Source: Ownwell