Saraland, Alabama Property Taxes
The median property tax rate in Saraland, AL is 0.56%, slightly higher than the Alabama state median of 0.47% but still below the national median of 0.99%. With a median home value of $152,200 in Saraland, the typical annual property tax bill amounts to $977, which is significantly less than the national median of $2,690. Property taxes in Saraland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saraland'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 Saraland 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
Saraland, 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 Saraland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saraland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saraland 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 Saraland, Alabama
Property taxes in Saraland, Alabama, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saraland is 0.56%, significantly lower than the U.S. national median of 0.99%. Local government entities within Saraland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saraland 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 Saraland's effective property tax rate to other counties in Alabama and the national median. For comparison, the zip code 36571 has the highest median property tax rate of 0.56%, while the same zip code also has the lowest median tax rate of 0.56%. Understanding how these areas compare with Saraland 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 Saraland Tax Rate
0.56%
Average Mobile County Tax Rate
0.59%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saraland, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36571 | 0.50% | 0.53% | 0.56% | 0.60% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Saraland, Alabama
In Saraland, 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 Saraland, 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. The median home price in Saraland is $152,200, with tax bills ranging from $679 at the 25th percentile to $1,989 at the 90th percentile. 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 Saraland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saraland Assessed Value
$152,200
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 Saraland, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36571 | $67,900 | $109,325 | $152,200 | $221,275 | $320,150 |
Source: Ownwell
Property Tax Bills Across Saraland, Alabama
In Saraland, located in Mobile County, AL, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is determined by the local tax assessor. Homeowners in Saraland can expect their tax bills to vary significantly based on their property's value and the applicable tax rate. For instance, the median home price in Saraland is $152,200. Homeowners at the 25th percentile of tax bills pay around $679, while those at the 75th percentile pay about $1,477. For the top 10% of taxpayers, the bill can reach up to $1,989. The highest median tax bill in Saraland is $977, which is significantly lower than the national median property tax rate of 0.99%. These property taxes are crucial as they fund local services such as schools, public safety, and infrastructure. For homeowners, understanding how these factors influence their tax bills can help in financial planning and property investment decisions.
Average Saraland Tax Bill
$977
Average Mobile County Tax Bill
$779
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Saraland, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36571 | $484 | $679 | $977 | $1,477 | $1,989 |
Source: Ownwell