Lee County, Alabama Property Taxes
The median property tax rate in Lee County is 0.52%, which is slightly higher than the Alabama state median of 0.47% but still below the national median of 0.99%. With the median home value in Lee County at $237,000, the typical annual property tax bill is $1,329, significantly lower than the national median of $2,690. Property taxes in Lee County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Lee County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Auburn or another part of Lee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lee County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$1,232
$1,144
Ownwell’s Lee County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lee County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Lee County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lee County, Alabama
Property taxes in Lee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lee County is 0.52%, which is lower than the Alabama state median and the U.S. national median of 0.99%. Local government entities within Lee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lee County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Auburn University has one of the higher property tax rates in Alabama at 1.08%, while the city of Notasulga boasts one of the lowest at 0.41%. Analyzing how Lee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lee County Tax Rate
0.52%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lee County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Auburn | 0.47% | 0.52% | 0.53% | 1.08% | 1.08% |
| Auburn University | N/A | N/A | N/A | N/A | N/A |
| Camp Hill | 0.11% | 0.23% | 0.42% | 0.48% | 0.82% |
| Cusseta | 0.30% | 0.33% | 0.38% | 0.41% | 0.82% |
| Loachapoka | N/A | N/A | N/A | N/A | N/A |
| Notasulga | 0.35% | 0.40% | 0.41% | 0.44% | 0.75% |
| Opelika | 0.39% | 0.46% | 0.52% | 0.54% | 1.08% |
| Phenix City | 0.28% | 0.41% | 0.41% | 0.58% | 0.86% |
| Salem | N/A | N/A | N/A | N/A | N/A |
| Smiths Station | N/A | N/A | N/A | N/A | N/A |
| Valley | 0.17% | 0.28% | 0.38% | 0.41% | 0.82% |
| Waverly | 0.31% | 0.41% | 0.53% | 0.53% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Lee County, Alabama
In Lee County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lee County Appraisal District. The assessed value, however, 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. Assessment notices in Lee County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the highest median tax bill in Lee County is found in Waverly at $2,011, while the lowest is in Loachapoka at $458. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Lee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Lee County Assessed Value
$237,000
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lee County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Auburn | $132,460 | $204,135 | $292,180 | $410,430 | $576,290 |
| Auburn University | N/A | N/A | N/A | N/A | N/A |
| Camp Hill | $41,300 | $74,000 | $207,760 | $315,760 | $713,536 |
| Cusseta | $46,250 | $60,260 | $121,550 | $226,990 | $317,200 |
| Loachapoka | N/A | N/A | N/A | N/A | N/A |
| Notasulga | $51,334 | $82,905 | $208,540 | $361,100 | $441,110 |
| Opelika | $52,708 | $102,050 | $201,960 | $296,740 | $414,792 |
| Phenix City | $105,524 | $150,645 | $196,900 | $250,175 | $332,108 |
| Salem | N/A | N/A | N/A | N/A | N/A |
| Smiths Station | N/A | N/A | N/A | N/A | N/A |
| Valley | $63,440 | $134,700 | $216,120 | $308,420 | $438,208 |
| Waverly | $74,344 | $200,800 | $453,480 | $502,925 | $582,047 |
Source: Ownwell
Property Tax Bills Across Lee County, Alabama
In Lee County, AL, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of the market value. Homeowners in this region experience a range of tax bills, with the 25th percentile tax bill at $742 and the 75th percentile reaching $2052. The 90th percentile tax bill can go up to $2909, indicating significant variability depending on property value and exemptions. Key factors influencing the tax bill include the market value of the property, the assessment ratio, and applicable exemptions. For example, homes in Waverly have the highest median tax bill at $2011, while those in Loachapoka enjoy the lowest at $458. Comparing these figures to the national median property tax rate of 0.99%, Lee County homeowners generally face lower property tax rates. This variability in tax bills affects homeowners' financial planning and overall cost of homeownership, making it crucial to understand the specific factors that determine property tax obligations in this region.
Average Lee County Tax Bill
$1,329
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Lee County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Auburn | $895 | $1,355 | $1,912 | $2,626 | $3,596 |
| Auburn University | N/A | N/A | N/A | N/A | N/A |
| Camp Hill | $191 | $291 | $570 | $1,284 | $2,410 |
| Cusseta | $165 | $269 | $526 | $972 | $1,312 |
| Loachapoka | N/A | N/A | N/A | N/A | N/A |
| Notasulga | $236 | $380 | $975 | $1,447 | $2,024 |
| Opelika | $258 | $597 | $1,098 | $1,597 | $2,268 |
| Phenix City | $132 | $599 | $857 | $1,358 | $1,948 |
| Salem | N/A | N/A | N/A | N/A | N/A |
| Smiths Station | N/A | N/A | N/A | N/A | N/A |
| Valley | $182 | $392 | $752 | $1,169 | $1,843 |
| Waverly | $437 | $898 | $2,011 | $2,560 | $2,795 |
Source: Ownwell