Limestone County Property Taxes
The median property tax rate in Limestone County is 0.42%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Limestone County at $202,600, the typical annual property tax bill is $871, far below the national median of $2,690. Property taxes in Limestone County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Limestone County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Athens or another part of Limestone County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Limestone County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$851
$790
Ownwell’s Limestone County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Limestone County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Limestone 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 Limestone County, Alabama
Property taxes in Limestone County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Limestone County is 0.42%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Limestone County set these rates annually, and they can vary significantly between different areas within the county. Each year, Limestone 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 Madison has one of the higher property tax rates in Alabama at 0.82%, while the city of Athens boasts one of the lowest at 0.40%. Analyzing how Limestone County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Limestone County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Limestone County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anderson | N/A | N/A | N/A | N/A | N/A |
| Ardmore | 0.25% | 0.34% | 0.43% | 0.72% | 0.98% |
| Athens | 0.27% | 0.35% | 0.40% | 0.50% | 0.94% |
| Belle Mina | 0.16% | 0.35% | 0.52% | 0.84% | 1.06% |
| Capshaw | 0.29% | 0.31% | 0.35% | 0.39% | 0.41% |
| Elkmont | 0.18% | 0.31% | 0.36% | 0.46% | 0.80% |
| Harvest | 0.30% | 0.35% | 0.60% | 0.70% | 0.82% |
| Lester | 0.15% | 0.27% | 0.35% | 0.43% | 0.82% |
| Madison | 0.33% | 0.57% | 0.82% | 0.85% | 1.24% |
| Mooresville | 0.40% | 0.43% | 0.49% | 0.53% | 0.91% |
| Rogersville | 0.20% | 0.29% | 0.33% | 0.39% | 0.79% |
| Tanner | 0.19% | 0.35% | 0.43% | 0.67% | 0.93% |
| Toney | 0.18% | 0.34% | 0.38% | 0.45% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Limestone County, Alabama
In Limestone 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 Limestone 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 Limestone 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Madison has the highest median tax bill at $2,573, while Belle Mina has the lowest at $363. Being aware of these valuation processes in Limestone County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Limestone County, Alabama
Source: Ownwell
$76,600
$992,700
$1,908,800
Average Limestone County Assessed Value
$202,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Limestone County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anderson | N/A | N/A | N/A | N/A | N/A |
| Ardmore | $56,350 | $95,425 | $141,100 | $218,950 | $293,800 |
| Athens | $65,500 | $112,500 | $184,700 | $278,400 | $399,520 |
| Belle Mina | $25,140 | $55,300 | $76,600 | $116,700 | $224,160 |
| Capshaw | $125,750 | $153,425 | $199,550 | $245,675 | $273,350 |
| Elkmont | $42,810 | $95,425 | $153,100 | $225,475 | $330,480 |
| Harvest | $143,900 | $178,950 | $232,750 | $293,425 | $365,970 |
| Lester | $34,500 | $79,700 | $130,300 | $213,700 | $340,480 |
| Madison | $160,900 | $227,100 | $316,100 | $432,650 | $529,500 |
| Mooresville | $120,010 | $201,750 | $326,250 | $452,750 | $642,400 |
| Rogersville | $44,060 | $72,075 | $198,750 | $269,425 | $394,940 |
| Tanner | $42,740 | $82,300 | $154,500 | $300,900 | $458,840 |
| Toney | $38,310 | $112,100 | $195,500 | $266,450 | $407,720 |
Source: Ownwell
Property Tax Bills Across Limestone County, Alabama
In Limestone County, Alabama, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in the county is $202,600. Homeowners can expect their tax bills to vary widely depending on several factors, including the specific location within the county. For instance, the 25th percentile tax bill is around $508, while the 75th percentile tax bill reaches approximately $1,521. At the higher end, the 90th percentile tax bill can be as much as $2,827. The tax rate in Limestone County is influenced by local government budgets and the needs of public services like schools and infrastructure. Notably, Madison has the highest median tax bill in the area at $2,573, while Belle Mina has the lowest at $363. Compared to the national median property tax rate of 0.99%, Limestone County's rates can be considered moderate, significantly affecting homeowners' annual expenses based on their property's assessed value.
Average Limestone County Tax Bill
$871
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Limestone County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anderson | N/A | N/A | N/A | N/A | N/A |
| Ardmore | $183 | $427 | $683 | $1,014 | $1,443 |
| Athens | $243 | $482 | $789 | $1,237 | $1,838 |
| Belle Mina | $102 | $241 | $363 | $620 | $993 |
| Capshaw | $493 | $546 | $634 | $722 | $775 |
| Elkmont | $106 | $336 | $565 | $866 | $1,274 |
| Harvest | $500 | $770 | $1,224 | $1,753 | $2,561 |
| Lester | $82 | $256 | $451 | $758 | $1,073 |
| Madison | $585 | $1,141 | $2,573 | $3,732 | $4,695 |
| Mooresville | $740 | $864 | $1,506 | $2,358 | $3,557 |
| Rogersville | $132 | $352 | $567 | $862 | $1,147 |
| Tanner | $168 | $344 | $646 | $1,271 | $2,099 |
| Toney | $116 | $399 | $692 | $1,083 | $1,563 |
Source: Ownwell
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