Letohatchee, Lowndes County, Alabama Property Taxes

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

Median Letohatchee, AL effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%. Median Letohatchee, AL home value: $130,030. Median annual Letohatchee, AL tax bill: $570, $1,830 lower than the national median property tax bill of $2,400.

How are property taxes in Lowndes County calculated?

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

Last Updated March 1, 2025

Letohatchee, Lowndes County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.42%

Estimate Property Tax Bill

$546

$507

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

Property Tax Rates Across Letohatchee, Lowndes County, Alabama

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Letohatchee’s effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S.

Property Tax Rates Across Letohatchee, Lowndes County, Alabama

Source: Ownwell

0.40%

0.49%

0.57%

Median Effective Letohatchee Tax Rate

0.42%

Median Effective Lowndes County Tax Rate

0.45%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Letohatchee, Lowndes County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36047	0.23%	0.35%	0.42%	0.45%	0.87%

Source: Ownwell

Property Tax Assessment Values Across Letohatchee, Lowndes County, Alabama

When examining property taxes in Letohatchee, 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 Lowndes 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 Lowndes 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 Letohatchee. For example, the median home price in Letohatchee is $130,030, with tax bills ranging significantly across the county. Zip code 36047 has the highest median home price at $130,030.

Property Tax Assessment Values Across Letohatchee, Lowndes County, Alabama

Source: Ownwell

$69,330

$139,155

$208,980

Median Letohatchee Assessed Value

$130,030

Median Lowndes County Assessed Value

$118,330

Median Alabama Assessed Value

$149,600

Median United States Assessed Value

$244,900

Property Tax Assessment Values Across Letohatchee, Lowndes County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36047	$59,832	$80,740	$130,030	$211,680	$361,550

Source: Ownwell

Property Tax Bills Across Letohatchee, Lowndes County, Alabama

In Letohatchee, Lowndes County, AL, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Letohatchee face a median property tax bill of $570, significantly lower than the national median of $2,400. This relatively modest tax burden can be attributed to the area's lower median home price of $130,030. Tax bills in this region range from the 25th percentile at $355 to the 90th percentile at $1,665, reflecting variations in property values and assessments. Despite the lower tax rates, homeowners can still benefit from ensuring their property is accurately assessed. Factors such as property improvements and neighborhood changes can influence assessments, potentially leading to higher tax bills. Ownwell offers valuable services to homeowners by providing property tax appeal and exemption assistance. By leveraging expert knowledge and experience, Ownwell can help homeowners in Letohatchee identify potential savings, ensuring they only pay their fair share and potentially reducing their property tax bills.

Property Tax Bills Across Letohatchee, Lowndes County, Alabama

Source: Ownwell

$364

$607

$850

Median Letohatchee Tax Bill

$570

Median Lowndes County Tax Bill

$581

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,690

Property Tax Bills Across Letohatchee, Lowndes County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36047	$243	$355	$570	$904	$1,665

Source: Ownwell