Marengo County Property Taxes
The median property tax rate in Marengo County is 0.40%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $83,940 in Marengo County, the typical annual property tax bill is $351, far below the national median of $2,690. Property taxes in Marengo 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 Marengo 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 Linden or another part of Marengo County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marengo County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$336
Ownwell’s Marengo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marengo with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Marengo 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's 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 Marengo County, Alabama
Property taxes in Marengo County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Marengo County is 0.40%, which is lower than the U.S. national median of 0.99%. Local government entities within Marengo County set these rates annually, and they can vary significantly between different areas within the county. Each year, Marengo 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 Demopolis has one of the higher property tax rates in Alabama at 0.55%, while the city of Linden boasts one of the lowest at 0.42%. Analyzing how Marengo County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Marengo County Tax Rate
0.40%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marengo County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Arlington | 0.19% | 0.22% | 0.34% | 0.35% | 0.35% |
Catherine | 0.23% | 0.32% | 0.35% | 0.37% | 0.58% |
Demopolis | 0.34% | 0.48% | 0.55% | 0.57% | 1.13% |
Dixons Mills | 0.16% | 0.26% | 0.35% | 0.35% | 0.68% |
Faunsdale | 0.18% | 0.27% | 0.35% | 0.40% | 0.67% |
Gallion | 0.19% | 0.26% | 0.33% | 0.35% | 0.63% |
Linden | 0.26% | 0.33% | 0.42% | 0.47% | 0.93% |
Magnolia | 0.10% | 0.25% | 0.35% | 0.41% | 0.65% |
Myrtlewood | 0.36% | 0.38% | 0.47% | 0.47% | 0.93% |
Nanafalia | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Pine Hill | 0.11% | 0.24% | 0.31% | 0.35% | 0.45% |
Safford | 0.18% | 0.24% | 0.34% | 0.35% | 0.43% |
Sweet Water | 0.19% | 0.26% | 0.35% | 0.36% | 0.61% |
Thomaston | 0.20% | 0.29% | 0.35% | 0.40% | 0.69% |
Thomasville | 0.19% | 0.24% | 0.34% | 0.35% | 0.64% |
Uniontown | 0.19% | 0.22% | 0.29% | 0.36% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Marengo County, Alabama
In Marengo 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 Marengo 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 Marengo 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, in Marengo County, the highest median tax bill is $590 in Demopolis, while the lowest is $143 in Safford. Being aware of these valuation processes in Marengo County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Marengo County Assessed Value
$83,940
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marengo County, Alabama
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Arlington | $19,240 | $43,200 | $67,600 | $131,020 | $139,560 |
Catherine | $15,280 | $37,840 | $62,620 | $122,040 | $214,628 |
Demopolis | $19,200 | $50,980 | $102,320 | $181,420 | $269,216 |
Dixons Mills | $13,950 | $26,685 | $53,540 | $120,230 | $206,100 |
Faunsdale | $12,584 | $28,560 | $59,780 | $145,150 | $267,344 |
Gallion | $15,732 | $40,910 | $98,440 | $194,160 | $295,356 |
Linden | $16,170 | $36,085 | $73,020 | $132,130 | $209,796 |
Magnolia | $16,592 | $35,420 | $59,600 | $111,460 | $173,404 |
Myrtlewood | $24,530 | $39,365 | $60,100 | $104,675 | $130,718 |
Nanafalia | $65,800 | $65,800 | $65,800 | $65,800 | $65,800 |
Pine Hill | $24,240 | $46,880 | $105,040 | $160,900 | $227,524 |
Safford | $9,970 | $34,665 | $49,800 | $98,420 | $153,942 |
Sweet Water | $20,160 | $37,300 | $75,760 | $143,660 | $223,220 |
Thomaston | $19,050 | $42,185 | $80,780 | $155,160 | $255,404 |
Thomasville | $20,360 | $39,525 | $71,670 | $126,775 | $216,176 |
Uniontown | $35,450 | $54,380 | $127,020 | $297,085 | $601,382 |
Source: Ownwell
Property Tax Bills Across Marengo County, Alabama
In Marengo County, AL, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value, and this percentage can vary depending on the type of property. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. Several factors influence this calculation, including the property's location, size, and any applicable exemptions or deductions. For instance, homeowners in Demopolis face the highest median tax bill in the county at $590, while those in Safford encounter the lowest at $143. The impact on homeowners can be significant; the tax bill can range from $148 at the 25th percentile to $1,137 at the 90th percentile. These variations highlight the importance of understanding local property assessments and tax rates, especially when compared to the national median property tax rate of 0.99%.
Average Marengo County Tax Bill
$351
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Marengo County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Arlington | $42 | $119 | $260 | $331 | $467 |
Catherine | $51 | $92 | $213 | $522 | $726 |
Demopolis | $104 | $270 | $590 | $1,003 | $1,475 |
Dixons Mills | $25 | $73 | $165 | $367 | $695 |
Faunsdale | $32 | $81 | $212 | $553 | $970 |
Gallion | $50 | $120 | $323 | $627 | $1,006 |
Linden | $64 | $146 | $315 | $543 | $828 |
Magnolia | $20 | $68 | $170 | $418 | $619 |
Myrtlewood | $81 | $203 | $268 | $456 | $626 |
Nanafalia | $167 | $167 | $167 | $167 | $167 |
Pine Hill | $41 | $143 | $284 | $518 | $847 |
Safford | $18 | $62 | $143 | $298 | $497 |
Sweet Water | $50 | $117 | $251 | $468 | $742 |
Thomaston | $68 | $156 | $305 | $504 | $801 |
Thomasville | $60 | $114 | $253 | $411 | $655 |
Uniontown | $108 | $159 | $579 | $922 | $1,381 |
Source: Ownwell