Hamilton, Lamar County, Alabama Property Taxes
Median Hamilton, AL effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Hamilton, AL home value: $61,720
Median annual Hamilton, AL tax bill: $256, $2,144 lower than the national median property tax bill of $2,400.
How are property taxes in Lamar calculated?
Property taxes in Hamilton, AL 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 Hamilton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hamilton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hamilton, Lamar County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.32%
Estimate Property Tax Bill
$198
$183
Property Tax Rates Across Hamilton, Lamar County, Alabama
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 Hamilton Taxx Rate
0.32%
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 Taxx Rate
0.28%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Hamilton, Lamar County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35570 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hamilton, Lamar County, Alabama
When examining property taxes in Hamilton, Alabama, 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 Appraisal District 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.
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 Hamilton.
For example, the median home price in Hamilton is $61,720, with tax bills ranging significantly across the county. The national median property tax bill is $2,400, making Hamilton's tax burden notably lower.
Property Tax Assessment Values Across Hamilton, Lamar County, Alabama
Source: Ownwell
$74,060
$82,995
$91,930
Median Hamilton Market Value
$61,720
Median Lamar County Market Value
$83,780
Median Alabama Market Value
$149,600
Median United States Market Value
$244,900
Property Tax Assessment Values Across Hamilton, Lamar County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35570 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hamilton, Lamar County, Alabama
In Hamilton, located in Lamar County, Alabama, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Hamilton is $61,720, which is significantly lower than the national median. This results in a relatively modest property tax burden for homeowners. However, the tax bill can vary widely, with the 25th percentile paying around $145 and the 90th percentile reaching up to $433. These variations depend on factors such as property location, size, and any applicable exemptions.
Despite the lower median tax bill compared to the national average of $2,400, homeowners in Hamilton can still benefit from ensuring their property is assessed accurately. This is where Ownwell can assist by providing expert property tax appeal services, helping homeowners identify potential savings and secure exemptions. By leveraging Ownwell's expertise, homeowners can potentially reduce their property tax bills, ensuring they are not overpaying and are taking full advantage of available tax relief options.
Median Hamilton Tax Bill
$256
Median Lamar County Tax Bill
$248
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,690
Property Tax Bills Across Hamilton, Lamar County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35570 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell