Lamar County, Alabama Property Taxes

Name: Property Tax Bills Across Lamar County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lamar County effective property tax rate: 0.28%, significantly lower than the national median of 1.02%.
Median Lamar County home value: $83,780
Median annual Lamar County tax bill: $248, $2,152 lower than the national median property tax bill of $2,400.

How are property taxes in Lamar County calculated?

Property taxes in Lamar County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Vernon or another part of Lamar County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lamar County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.28%

Estimate Property Tax Bill

$235

$218

Ownwell’s Lamar County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lamar County with just two data points. By entering your property's estimated assessed value, our calculator applies Lamar County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lamar County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lamar County, Alabama

Local government entities are responsible for setting tax rates, and these can differ significantly within a state. This variation is primarily due to each county's annual budget estimation process. Counties determine the budget necessary to provide public services and then divide this amount by the total value of all taxable property in their area. This calculation establishes the property tax rate for the year. Although votes and legislation play a role in setting tax rates and budgets, this is the fundamental annual procedure.

In Lamar County, Alabama, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This means that homeowners in Lamar County typically pay less in property taxes compared to the average American homeowner. For those looking to compare Lamar County's tax rate with other counties in Alabama or against the national median, it's clear that Lamar County offers a more favorable tax environment. This can be an attractive factor for potential homeowners or investors considering properties in the area.

Property Tax Rates Across Lamar County, Alabama

Source: Ownwell

0.22%

0.26%

0.29%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lamar County Tax Rate

0.28%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lamar County, Alabama

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Beaverton	0.15%	0.22%	0.29%	0.39%	0.64%
Detroit	0.10%	0.22%	0.28%	0.37%	0.63%
Fayette	0.10%	0.18%	0.22%	0.25%	0.29%
Guin	N/A	N/A	N/A	N/A	N/A
Hamilton	N/A	N/A	N/A	N/A	N/A
Kennedy	0.17%	0.22%	0.29%	0.39%	0.63%
Millport	0.16%	0.22%	0.28%	0.36%	0.66%
Sulligent	0.14%	0.22%	0.27%	0.34%	0.63%
Vernon	0.14%	0.22%	0.28%	0.35%	0.73%

Source: Ownwell

Property Tax Assessment Values Across Lamar County, Alabama

When examining property taxes in Lamar County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lamar County Revenue Commission estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Lamar County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lamar County. For example, the median tax bill in Lamar County is $270, with tax bills ranging significantly across the county. Fayette has the highest median home price at $91,930.

Property Tax Assessment Values Across Lamar County, Alabama

Source: Ownwell

$74,060

$82,995

$91,930

Median Lamar County Market Value

$83,780

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lamar County, Alabama

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Beaverton	$22,380	$37,070	$74,060	$127,010	$205,788
Detroit	$22,412	$42,870	$83,620	$140,745	$198,006
Fayette	$38,510	$51,175	$91,930	$133,430	$193,550
Guin	N/A	N/A	N/A	N/A	N/A
Hamilton	N/A	N/A	N/A	N/A	N/A
Kennedy	$26,314	$45,090	$79,480	$147,450	$233,294
Millport	$22,776	$48,560	$88,520	$157,900	$240,552
Sulligent	$20,050	$45,075	$83,820	$139,680	$217,820
Vernon	$23,738	$50,325	$85,200	$141,930	$210,156

Source: Ownwell

Property Tax Bills Across Lamar County, Alabama

In Lamar County, Alabama, property tax bills are a critical aspect of homeownership. The tax bill is determined by applying the local property tax rate to the assessed value of a home. With a median home price of $83,780, homeowners in Lamar County typically see a median property tax bill significantly lower than the national median of $2,400. The tax bill in Lamar County ranges from the 25th percentile at $116 to the 75th percentile at $456, with the 90th percentile reaching $704. This variation reflects differences in home values and the application of exemptions or deductions. For instance, Millport records the highest median tax bill at $270, while Beaverton has the lowest at $206. These figures highlight the impact of location and home value on tax bills. Understanding these factors is crucial for homeowners to manage their expenses effectively. Lower tax bills compared to the national average can make Lamar County an attractive option for potential homeowners looking for affordability.

Property Tax Bills Across Lamar County, Alabama

Source: Ownwell

$206

$238

$270

Median Lamar County Tax Bill

$248

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Lamar County, Alabama

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Beaverton	$46	$104	$206	$395	$679
Detroit	$36	$109	$233	$451	$673
Fayette	$57	$107	$215	$348	$494
Guin	N/A	N/A	N/A	N/A	N/A
Hamilton	N/A	N/A	N/A	N/A	N/A
Kennedy	$58	$110	$242	$455	$743
Millport	$49	$129	$270	$470	$706
Sulligent	$35	$104	$232	$443	$706
Vernon	$44	$125	$268	$472	$723

Source: Ownwell