Florence, Lauderdale County, Alabama Property Taxes

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

Median Florence, AL effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but higher than the Alabama state median of 0.47%.
Median Florence, AL home value: $137,200
Median annual Florence, AL tax bill: $692, $1,708 lower than the national median property tax bill of $2,400.

How are property taxes in Lauderdale calculated?

Property taxes in Florence, 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 Florence’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Florence, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Florence, Lauderdale County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.49%

Estimate Property Tax Bill

$672

$624

Ownwell’s Florence Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Florence with just two data points. By entering your property's estimated assessed value, our calculator applies Florence’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 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 Lauderdale County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Florence, Lauderdale County, Alabama

Local government entities determine tax rates, which can vary significantly across a state. Each year, counties like Lauderdale in Alabama calculate their necessary budget to fund public services and then divide this by the total assessed value of taxable properties within their borders. This process establishes the property tax rate. While there are various votes and regulations involved in setting these rates, this is the essence of the annual procedure. In Florence, within Lauderdale County, the effective property tax rate is 0.49%, which is notably lower than the national median property tax rate of 1.02%. This means property owners in Florence can enjoy relatively lower tax bills compared to many other regions in the U.S. Comparing Florence's rate to other cities in Alabama and the national median highlights the variability in property tax burdens across different areas. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Florence, Lauderdale County, Alabama

Source: Ownwell

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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 Florence Tax Rate

0.49%

Median Effective Lauderdale County Tax Rate

0.46%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Florence, Lauderdale County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35630	N/A	N/A	N/A	N/A	N/A
35631	N/A	N/A	N/A	N/A	N/A
35633	N/A	N/A	N/A	N/A	N/A
35634	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Florence, Lauderdale County, Alabama

When examining property taxes in Florence, 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 Lauderdale 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 Lauderdale County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Florence. For example, the median home price in Florence is $137,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Florence, Lauderdale County, Alabama

Source: Ownwell

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Median Florence Market Value

$137,200

Median Lauderdale County Market Value

$145,000

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Florence, Lauderdale County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35630	N/A	N/A	N/A	N/A	N/A
35631	N/A	N/A	N/A	N/A	N/A
35633	N/A	N/A	N/A	N/A	N/A
35634	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Florence, Lauderdale County, Alabama

In Florence, located in Lauderdale County, Alabama, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Florence is $137,200, and property taxes are determined by multiplying the assessed value by the local tax rate. Homeowners in Florence experience a range of property tax bills, with the 25th percentile at $328, the 75th percentile at $1,171, and the 90th percentile reaching $1,839. These figures illustrate the variation in tax burdens among residents, influenced by factors such as property value and applicable exemptions.

Homeowners in Florence may find their property tax bills significantly lower than the national median tax bill of $2,400, providing some financial relief. However, even with lower taxes, ensuring that one is not overpaying remains crucial. This is where Ownwell can assist, offering expert property tax appeal and exemption services. By analyzing assessments and identifying potential savings, Ownwell helps homeowners reduce their tax bills, ensuring they pay only what is fair and accurate.

Property Tax Bills Across Florence, Lauderdale County, Alabama

Source: Ownwell

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$NaN

-$∞

Median Florence Tax Bill

$692

Median Lauderdale County Tax Bill

$686

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Florence, Lauderdale County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35630	N/A	N/A	N/A	N/A	N/A
35631	N/A	N/A	N/A	N/A	N/A
35633	N/A	N/A	N/A	N/A	N/A
35634	N/A	N/A	N/A	N/A	N/A

Source: Ownwell