Georgiana, Monroe County, Alabama Property Taxes
Median Georgiana, Alabama effective property tax rate: 0.24%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Georgiana, Alabama home value: $178,025
Median annual Georgiana, Alabama tax bill: $405, $1,995 lower than the national median property tax bill of $2,400.
How are property taxes in Monroe County calculated?
Property taxes in Georgiana, Alabama are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Georgiana’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Georgiana, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Georgiana, Monroe County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.24%
Estimate Property Tax Bill
$427
$396
Property Tax Rates Across Georgiana, Monroe County, Alabama
Local government entities set tax rates, which can vary widely within a state. This variation stems from each county's annual estimation of its required budget to provide services, which is then divided by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Georgiana, located in Monroe County, Alabama, the effective property tax rate is significantly lower than both the state and national medians. Alabama's median property tax rate is among the lowest in the nation, and Georgiana's rate is even more favorable. This low rate can be attributed to Alabama's overall approach to property taxation, which tends to ease the burden on property owners compared to other states. For residents, this means more manageable property tax bills, allowing them to allocate their financial resources elsewhere. Such favorable tax conditions can make Georgiana an attractive place for property investment, especially when compared to the national median property tax rate of 1.02% and a median bill of $2400.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Georgiana Taxx Rate
0.24%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Monroe County Taxx Rate
0.31%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Georgiana, Monroe County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36033 | 0.16% | 0.20% | 0.24% | 0.28% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Georgiana, Monroe County, Alabama
When examining property taxes in Georgiana, Alabama, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Monroe County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Monroe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Georgiana.
For example, the median home price in Georgiana is $178,025, with tax bills ranging significantly across the county. Zip code 36033 has the highest median home price at $178,025.
Property Tax Assessment Values Across Georgiana, Monroe County, Alabama
Source: Ownwell
$45,635
$111,830
$178,025
Median Georgiana Market Value
$178,025
Median Monroe County Market Value
$87,150
Median Alabama Market Value
$149,600
Median United States Market Value
$244,900
Property Tax Assessment Values Across Georgiana, Monroe County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36033 | $50,061 | $68,148 | $178,025 | $270,832 | $364,143 |
Source: Ownwell
Property Tax Bills Across Georgiana, Monroe County, Alabama
Median Georgiana Tax Bill
$405
Median Monroe County Tax Bill
$316
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,690
Property Tax Bills Across Georgiana, Monroe County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36033 | $142 | $262 | $405 | $618 | $1,055 |
Source: Ownwell