Rogersville, Alabama Property Taxes
The median property tax rate in Rogersville, AL is 0.33%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $198,750 in Rogersville, the typical annual property tax bill is $567, well below the national median of $2,690. Property taxes in Rogersville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rogersville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Rogersville or another part of Limestone County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rogersville, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Rogersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogersville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Rogersville, Alabama
Property taxes in Rogersville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rogersville is 0.33%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Rogersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogersville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Rogersville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama is 0.41%, while the lowest median tax rate is 0.20%. Understanding how these cities compare with Rogersville provides valuable insights into the varying tax landscape across Lauderdale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogersville Tax Rate
0.33%
Average Limestone County Tax Rate
0.42%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35652 | 0.20% | 0.29% | 0.33% | 0.39% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Rogersville, Alabama
In Rogersville, Alabama, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Limestone County Appraisal District for tax purposes. In contrast, the assessed value 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. In Rogersville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Rogersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $567 in the 35652 zip code, which is also the lowest median tax bill.
Average Rogersville Assessed Value
$198,750
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 Rogersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35652 | $44,060 | $72,075 | $198,750 | $269,425 | $394,940 |
Source: Ownwell
Property Tax Bills Across Rogersville, Alabama
In Rogersville, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in this area is $198,750. Property taxes are calculated by multiplying the assessed value by the tax rate, which varies depending on local regulations. Factors such as property location, home size, and local funding needs for services like schools and infrastructure are considered. For homeowners in Rogersville, the tax burden can vary significantly. The 25th percentile tax bill is $352, while the 75th percentile reaches up to $862. For those in the 90th percentile, the tax bill can be as high as $1,147. This variability highlights how different factors influence the final tax amount. Compared to the national median property tax rate of 0.99%, homeowners in Rogersville may experience a range of tax bills, impacting their annual financial planning and overall cost of homeownership.
Average Rogersville Tax Bill
$567
Average Limestone County Tax Bill
$871
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogersville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35652 | $132 | $352 | $567 | $862 | $1,147 |
Source: Ownwell