Linden, Alabama Property Taxes
The median property tax rate in Linden, AL is 0.42%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Linden, the typical annual property tax bill is $315, significantly below the national median of $2,690. Property taxes in Linden 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 Linden'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 Linden or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Linden, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$307
$285
Ownwell’s Linden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linden 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 Linden, Alabama
Property taxes in Linden, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linden is 0.42%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Linden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linden 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 Linden's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 36748 has both the highest and lowest median property tax rate of 0.42%. Understanding how these cities compare with Linden provides valuable insights into the varying tax landscape across Marengo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Linden Tax Rate
0.42%
Average Marengo County Tax Rate
0.40%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linden, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36748 | 0.26% | 0.33% | 0.42% | 0.47% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Linden, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Linden, Alabama. 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 Marengo 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 Linden, 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. For instance, the median home price in Linden is $73,020, with tax bills ranging from $146 at the 25th percentile to $828 at the 90th percentile. The zip code with the highest median tax bill is 36748, at $315, and it is also the lowest, highlighting the uniformity in this area. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Linden Assessed Value
$73,020
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 Linden, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36748 | $16,170 | $36,085 | $73,020 | $132,130 | $209,796 |
Source: Ownwell
Property Tax Bills Across Linden, Alabama
In Linden, located in Marengo County, AL, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local tax assessor and typically represents a percentage of the market value of the property. Homeowners in Linden can expect a median home price of $73,020, which serves as the basis for calculating their property taxes. Factors considered in determining the tax bill include the property's assessed value, applicable tax rates, and any exemptions or reductions for which the homeowner may qualify. For example, tax bills in Linden can vary widely, with the 25th percentile paying around $146 and those in the 90th percentile facing bills up to $828. The highest median tax bill in the area is $315, which is significantly lower than the national median property tax rate of 0.99%. These property taxes directly impact homeowners by affecting their annual financial obligations, influencing decisions on homeownership, and potentially affecting property values in the local market.
Average Linden Tax Bill
$315
Average Marengo County Tax Bill
$351
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Linden, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36748 | $64 | $146 | $315 | $543 | $828 |
Source: Ownwell