Minter, Lowndes County, Alabama Property Taxes
Median Minter, Alabama effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Minter, Alabama home value: $114,760
Median annual Minter, Alabama tax bill: $518, $1,882 lower than the national median property tax bill of $2,400.
How are property taxes in Lowndes County calculated?
Property taxes in Minter, Alabama 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 Minter’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Minter, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Minter, Lowndes County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$459
$426
Ownwell’s Minter Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Minter with just two data points.
By entering your property's estimated assessed value, our calculator applies Minter’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 Minter, Lowndes County, Alabama
Local government entities are responsible for setting tax rates, which can vary significantly even within a single state. This variation arises because each county annually estimates its budgetary needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although the process involves votes and legislation, this is essentially how it functions each year.
In Minter, located in Lowndes County, Alabama, the effective property tax rate is notably below both the state and national medians. With Alabama's median tax rate at 0.40%, Minter stands out for its relatively low taxation. This is particularly favorable when compared to the national median property tax rate of 1.02%. While many factors influence these numbers, such as local budgetary needs and property values, residents of Minter benefit from a lower tax burden. This can be an attractive factor for property owners seeking to minimize their expenses. Comparing Minter's effective property tax rate to other cities in Alabama and the broader U.S. landscape highlights its advantageous position.
Median Effective Minter Tax Rate
0.40%
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 Minter, Lowndes County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36761 | 0.23% | 0.31% | 0.40% | 0.45% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Minter, Lowndes County, Alabama
When examining property taxes in Minter, 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 Minter. For example, the median home price in Minter is $114,760, with tax bills ranging significantly across the county. Zip code 36761 has the highest median home price at $114,760.
Property Tax Assessment Values Across Minter, Lowndes County, Alabama
Source: Ownwell
$69,330
$139,155
$208,980
Median Minter Assessed Value
$114,760
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 Minter, Lowndes County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36761 | $50,289 | $59,515 | $114,760 | $224,888 | $294,174 |
Source: Ownwell
Property Tax Bills Across Minter, Lowndes County, Alabama
Median Minter Tax Bill
$518
Median Lowndes County Tax Bill
$581
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,690
Property Tax Bills Across Minter, Lowndes County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36761 | $156 | $250 | $518 | $943 | $1,442 |
Source: Ownwell