Pickensville, Alabama Property Taxes
The median property tax rate in Pickensville, AL is 0.37%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $136,040 in Pickensville, the typical annual property tax bill is $554, well below the national median of $2,690. Property taxes in Pickensville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Pickensville'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 Pickensville 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
Pickensville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$503
Ownwell’s Pickensville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pickensville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pickensville 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 Pickensville, Alabama
Property taxes in Pickensville, Alabama, are essential for funding crucial local services like public schools, road maintenance, and emergency services. The median tax rate in Pickensville is 0.37%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Pickensville set these rates annually, and they can vary across different neighborhoods. Each year, Pickensville 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 Pickensville's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the state is 0.66%, while the lowest median tax rate is 0.33%. Understanding how these cities compare with Pickensville 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 areas.
Average Pickensville Tax Rate
0.37%
Average Pickens County Tax Rate
0.37%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pickensville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35447 | 0.28% | 0.33% | 0.37% | 0.39% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Pickensville, Alabama
In Pickensville, 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 Pickensville, 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. For instance, the highest median tax bill in Pickensville is $554.00 in the 35447 zip code, which also has the lowest median tax bill at $554.00. 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 Pickensville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pickensville Assessed Value
$136,040
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 Pickensville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35447 | $34,324 | $73,840 | $136,040 | $181,160 | $227,448 |
Source: Ownwell
Property Tax Bills Across Pickensville, Alabama
In Pickensville, Pickens County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Pickensville experience a range of property tax bills, with the 25th percentile at $314 and the 75th percentile at $714, while the 90th percentile reaches up to $936. The median home price in Pickensville is $136,040, which influences the overall tax bill. Several factors contribute to the final tax bill, including the assessed value, local tax rates, and any applicable exemptions or reductions. For homeowners, these property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Pickensville offers a relatively affordable property tax environment. This can be a significant consideration for prospective homeowners looking to balance the cost of living with the benefits of community services.
Average Pickensville Tax Bill
$554
Average Pickens County Tax Bill
$403
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Pickensville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35447 | $133 | $314 | $554 | $714 | $936 |
Source: Ownwell