Bayou La Batre, Alabama Property Taxes
The median property tax rate in Bayou La Batre, AL is 0.54%, slightly higher than the state median of 0.47% but lower than the national median of 0.99%. With a median home value of $47,750, the typical annual property tax bill is $309, which is significantly below the national median of $2,690. Property taxes in Bayou La Batre are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Bayou La Batre's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bayou La Batre or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bayou La Batre, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Bayou La Batre Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bayou La Batre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bayou La Batre 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 Bayou La Batre, Alabama
Property taxes in Bayou La Batre, Alabama, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bayou La Batre is 0.54%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Bayou La Batre set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bayou La Batre 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 Bayou La Batre's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36509 zip code has the highest median property tax rate of 0.54%, while the 36509 zip code also has the lowest median tax rate of 0.54%. Understanding how these cities compare with Bayou La Batre provides valuable insights into the varying tax landscape across Mobile County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bayou La Batre Tax Rate
0.54%
Average Mobile County Tax Rate
0.59%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bayou La Batre, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36509 | 0.36% | 0.42% | 0.54% | 1.07% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Bayou La Batre, Alabama
In Bayou La Batre, Alabama, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Mobile 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 Bayou La Batre, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Bayou La Batre helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $309, found in the 36509 zip code.
Average Bayou La Batre Assessed Value
$47,750
Average Mobile County Assessed Value
$120,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bayou La Batre, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36509 | $15,530 | $28,200 | $47,750 | $81,200 | $127,540 |
Source: Ownwell
Property Tax Bills Across Bayou La Batre, Alabama
In Bayou La Batre, Mobile County, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in this area typically see tax bills influenced by various factors, including the property's location, size, and condition. The median home price in Bayou La Batre is $47,750, and property tax rates are applied to this assessed value to determine the annual tax bill. For instance, the 25th percentile tax bill stands at $159, while the 75th percentile reaches $536, and the 90th percentile can go up to $839. These variations highlight how different property values and assessments impact tax bills. Compared to the national median property tax rate of 0.99%, Bayou La Batre's property tax rates are relatively modest. Homeowners need to consider these factors as they influence the overall cost of owning property, affecting budgeting and financial planning.
Average Bayou La Batre Tax Bill
$309
Average Mobile County Tax Bill
$779
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Bayou La Batre, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36509 | $94 | $159 | $309 | $536 | $839 |
Source: Ownwell