Ethelsville, Alabama Property Taxes
The median property tax rate in Ethelsville, Alabama is 0.30%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $102,900 in Ethelsville, the typical annual property tax bill amounts to $331, which is well below the national median of $2,690. Property taxes in Ethelsville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ethelsville’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 Ethelsville or another part of Pickens County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ethelsville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$309
$286
Ownwell’s Ethelsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ethelsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ethelsville 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 Ethelsville, Alabama
Property taxes in Ethelsville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ethelsville is 0.30%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Ethelsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ethelsville 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 Ethelsville's effective property tax rate to other counties in Alabama and the national median. Understanding how Ethelsville compares with other areas provides valuable insights into the varying tax landscape across Pickens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Ethelsville Tax Rate
0.30%
Average Pickens County Tax Rate
0.37%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ethelsville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35461 | 0.22% | 0.26% | 0.30% | 0.34% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Ethelsville, Alabama
In Ethelsville, 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 Pickens 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 Ethelsville, 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 Ethelsville 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 $331.00, found in the 35461 zip code.
Average Ethelsville Assessed Value
$102,900
Average Pickens County Assessed Value
$97,900
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ethelsville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35461 | $39,762 | $63,570 | $102,900 | $158,560 | $227,230 |
Source: Ownwell
Property Tax Bills Across Ethelsville, Alabama
In Ethelsville, located in Pickens County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value. For homeowners in Ethelsville, the median home price is $102,900. Tax bills are influenced by various factors including the home's assessed value, applicable exemptions, and the local tax rate. For instance, within the city, tax bills can range significantly. The 25th percentile tax bill is around $197, while the 75th percentile tax bill reaches $509, and the 90th percentile tax bill can be as high as $762. The highest median tax bill in the area is noted at $331, which is considerably lower than the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services such as schools, infrastructure, and public safety, thereby directly impacting the community and homeowners.
Average Ethelsville Tax Bill
$331
Average Pickens County Tax Bill
$403
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Ethelsville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35461 | $119 | $197 | $331 | $509 | $762 |
Source: Ownwell