Marshall County, Alabama Property Taxes
The median property tax rate in Marshall County is 0.43%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Marshall County at $133,700, the typical annual property tax bill is $654, well below the national median of $2,690. Property taxes in Marshall County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Marshall 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 Albertville or another part of Marshall County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marshall County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$575
$534
Ownwell’s Marshall County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marshall County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Marshall County 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 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 Marshall County, Alabama
Property taxes in Marshall County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Marshall County is 0.43%, which is lower than the Alabama state median of 0.39% and the U.S. national median of 0.99%. Local government entities within Marshall County set these rates annually, and they can vary significantly between different areas within the county. Each year, Marshall 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. The following data compares Marshall County's effective property tax rate with other counties in Alabama and the national median. For comparison, the city of New Hope has one of the higher property tax rates in Alabama at 0.68%, while the city of Grant boasts one of the lowest at 0.40%. Analyzing how Marshall County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Marshall County Tax Rate
0.43%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marshall County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albertville | 0.33% | 0.38% | 0.44% | 0.81% | 0.93% |
| Altoona | N/A | N/A | N/A | N/A | N/A |
| Arab | 0.33% | 0.36% | 0.38% | 0.75% | 0.81% |
| Boaz | 0.35% | 0.42% | 0.47% | 0.96% | 1.00% |
| Cherokee Ridge | 0.32% | 0.36% | 0.41% | 0.42% | 0.85% |
| Crossville | 0.28% | 0.33% | 0.37% | 0.75% | 0.75% |
| Grant | 0.33% | 0.38% | 0.40% | 0.75% | 0.85% |
| Groveoak | 0.27% | 0.31% | 0.36% | 0.46% | 0.75% |
| Guntersville | 0.32% | 0.38% | 0.41% | 0.75% | 0.86% |
| Horton | 0.36% | 0.38% | 0.48% | 0.79% | 0.91% |
| Joppa | 0.37% | 0.38% | 0.39% | 0.78% | 0.85% |
| Laceys Spring | 0.33% | 0.35% | 0.51% | 0.75% | 0.75% |
| Langston | 0.30% | 0.35% | 0.38% | 0.74% | 0.75% |
| New Hope | 0.38% | 0.38% | 0.68% | 0.82% | 0.92% |
| Scottsboro | 0.31% | 0.35% | 0.39% | 0.75% | 0.80% |
| Union Grove | 0.29% | 0.33% | 0.36% | 0.75% | 0.75% |
| Woodville | 0.27% | 0.37% | 0.39% | 0.74% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Marshall County, Alabama
In Marshall 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 Marshall 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 Marshall 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. Being aware of these valuation processes in Marshall County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Cherokee Ridge has the highest median tax bill at $1,540, while Crossville has the lowest at $328.
Property Tax Assessment Values Across Marshall County, Alabama
Source: Ownwell
$80,650
$233,425
$386,200
Average Marshall County Assessed Value
$133,700
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marshall County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albertville | $37,186 | $72,300 | $114,600 | $174,300 | $256,147 |
| Altoona | N/A | N/A | N/A | N/A | N/A |
| Arab | $53,600 | $97,539 | $150,129 | $230,550 | $340,723 |
| Boaz | $43,150 | $80,675 | $117,200 | $176,900 | $261,250 |
| Cherokee Ridge | $222,880 | $296,050 | $386,200 | $486,300 | $653,560 |
| Crossville | $24,980 | $41,100 | $90,300 | $150,800 | $274,533 |
| Grant | $33,000 | $84,525 | $162,000 | $275,075 | $414,000 |
| Groveoak | $34,600 | $73,875 | $131,114 | $207,551 | $323,700 |
| Guntersville | $41,700 | $95,500 | $174,700 | $311,000 | $536,180 |
| Horton | $18,400 | $39,700 | $81,600 | $145,800 | $218,700 |
| Joppa | $52,920 | $83,075 | $167,200 | $246,088 | $376,604 |
| Laceys Spring | $55,900 | $104,600 | $149,400 | $193,600 | $218,960 |
| Langston | $48,040 | $88,100 | $168,050 | $321,850 | $479,860 |
| New Hope | $23,640 | $38,450 | $80,650 | $155,825 | $263,872 |
| Scottsboro | $36,053 | $92,150 | $172,550 | $332,825 | $594,690 |
| Union Grove | $33,280 | $72,500 | $134,334 | $226,900 | $348,002 |
| Woodville | $33,588 | $68,600 | $139,309 | $249,861 | $326,900 |
Source: Ownwell
Property Tax Bills Across Marshall County, Alabama
In Marshall County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate, applied to this assessed value, ultimately determines the tax bill. For instance, with a median home price of $133,700, homeowners can expect tax bills to vary significantly. At the 25th percentile, the tax bill is around $393, while at the 75th percentile, it rises to $1,070. The 90th percentile sees even higher bills, reaching up to $1,691. Several factors influence these tax bills, including property location, local tax rates, and any applicable exemptions. For example, Cherokee Ridge has the highest median tax bill in the county at $1,540, whereas Crossville boasts the lowest at $328. These differences highlight the impact of local policies and property values on tax obligations. Homeowners in Marshall County should be aware of these variations and consider them when budgeting for annual expenses.
Average Marshall County Tax Bill
$654
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Marshall County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albertville | $182 | $364 | $570 | $900 | $1,352 |
| Altoona | N/A | N/A | N/A | N/A | N/A |
| Arab | $259 | $437 | $677 | $1,030 | $1,499 |
| Boaz | $234 | $418 | $645 | $983 | $1,406 |
| Cherokee Ridge | $708 | $1,100 | $1,540 | $2,201 | $3,681 |
| Crossville | $117 | $194 | $328 | $643 | $1,096 |
| Grant | $189 | $433 | $766 | $1,231 | $1,914 |
| Groveoak | $138 | $236 | $563 | $837 | $1,296 |
| Guntersville | $226 | $466 | $837 | $1,474 | $2,543 |
| Horton | $92 | $225 | $406 | $683 | $1,001 |
| Joppa | $253 | $446 | $715 | $1,163 | $1,625 |
| Laceys Spring | $268 | $435 | $604 | $929 | $1,273 |
| Langston | $257 | $428 | $730 | $1,403 | $2,135 |
| New Hope | $139 | $263 | $408 | $851 | $1,248 |
| Scottsboro | $203 | $408 | $798 | $1,614 | $2,901 |
| Union Grove | $144 | $298 | $541 | $914 | $1,488 |
| Woodville | $188 | $273 | $598 | $981 | $1,350 |
Source: Ownwell