Remlap, Alabama Property Taxes
The median property tax rate in Remlap, AL is 0.32%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $121,400 in Remlap, the typical annual property tax bill amounts to $556, which is well below the national median of $2,690. Property taxes in Remlap are calculated based on the assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Remlap'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 Remlap 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
Remlap, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$388
Ownwell’s Remlap Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Remlap with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Remlap 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 Remlap, Alabama
Property taxes in Remlap, Alabama, are essential in funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Remlap is 0.32%, significantly lower than both the Alabama state median of 0.33% and the U.S. national median of 0.99%. Local government entities within Remlap set these rates annually, and they can vary across different neighborhoods. Each year, Remlap 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 Remlap's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the area is 0.33%, while the lowest median tax rate is 0.32%. Understanding how these cities compare with Remlap 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 Remlap Tax Rate
0.32%
Average Jefferson County Tax Rate
0.71%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Remlap, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35133 | 0.20% | 0.25% | 0.32% | 0.39% | 0.43% |
Source: Ownwell
Property Tax Assessment Values Across Remlap, Alabama
In Remlap, 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 Remlap, 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 Remlap helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Remlap are both $556.00, found in the 35133 zip code.
Average Remlap Assessed Value
$121,400
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 Remlap, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35133 | $61,000 | $83,650 | $121,400 | $174,100 | $205,720 |
Source: Ownwell
Property Tax Bills Across Remlap, Alabama
In Remlap, Jefferson County, AL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For homeowners in Remlap, the median home price is $121,400. Property taxes are then determined by applying the local tax rate to this assessed value. Factors such as the home's size, location, and any applicable exemptions can influence the final tax bill. For instance, homeowners in the 25th percentile pay around $318, while those in the 75th percentile see bills closer to $642. At the 90th percentile, the tax bill can reach approximately $694. Comparatively, the highest and lowest median tax bills in the area are both $556.00, which is significantly lower than the national median property tax rate of 0.99%. These variations directly impact homeowners by affecting their annual financial obligations, making it crucial for them to understand how their property taxes are calculated and to explore potential exemptions or appeals to manage their expenses effectively.
Average Remlap Tax Bill
$556
Average Jefferson County Tax Bill
$1,159
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Remlap, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35133 | $176 | $318 | $556 | $642 | $694 |
Source: Ownwell