Wadley, Randolph County, Alabama Property Taxes

Name: Property Tax Bills Across Wadley, Randolph County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Wadley, AL effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Wadley, AL home value: $76,847
Median annual Wadley, AL tax bill: $244, $2,156 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph County calculated?

Property taxes in Wadley, AL 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 Wadley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wadley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wadley, Randolph County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.32%

Estimate Property Tax Bill

$246

$228

Ownwell’s Wadley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wadley with just two data points. By entering your property's estimated assessed value, our calculator applies Wadley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Randolph County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wadley, Randolph County, Alabama

Local government entities set tax rates, which can vary significantly within Alabama. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process. In Wadley, located in Randolph County, the effective property tax rate is notably lower than both the state and national averages. Alabama has a median property tax rate of 0.32%, which is significantly lower than the national median of 1.02%. This means that residents in Wadley and throughout Alabama generally enjoy lower property tax bills compared to other states. For homeowners, this can translate into substantial savings over time. By understanding these rates and how they compare to broader averages, property owners in Wadley can make more informed decisions about their investments and financial planning.

Property Tax Rates Across Wadley, Randolph County, Alabama

Source: Ownwell

0.28%

0.33%

0.38%

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 Wadley Tax Rate

0.32%

Median Effective Randolph County Tax Rate

0.32%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wadley, Randolph County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36276	0.18%	0.25%	0.32%	0.50%	0.64%

Source: Ownwell

Property Tax Assessment Values Across Wadley, Randolph County, Alabama

When examining property taxes in Wadley, 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 Randolph 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. Assessment notices: In Randolph 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 Wadley. For example, the median home price in Wadley is $76,847, with tax bills ranging significantly across the county. Zip code 36276 has the highest median home price at $76,847.

Property Tax Assessment Values Across Wadley, Randolph County, Alabama

Source: Ownwell

$68,238

$133,198

$198,158

Median Wadley Market Value

$76,847

Median Randolph County Market Value

$99,646

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wadley, Randolph County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36276	$25,382	$42,252	$76,847	$131,064	$199,014

Source: Ownwell

Property Tax Bills Across Wadley, Randolph County, Alabama

In Wadley, located in Randolph County, AL, property tax bills are calculated by applying the local tax rate to the assessed value of the property. The assessed value is determined as a percentage of the market value of the home, which in Wadley, has a median home price of $76,847. The property tax rate in Wadley is significantly lower than the national median property tax rate of 1.02%. Homeowners in Wadley can expect tax bills around the 25th percentile to be $143, while those at the 75th and 90th percentiles may see bills of $447 and $682, respectively. These tax bills are modest when compared to the national median property tax bill of $2,400. For homeowners, these property taxes contribute to local services but can also be a financial burden. Ownwell assists homeowners by reviewing property assessments and identifying potential savings. By appealing incorrect assessments or applying for exemptions, Ownwell helps reduce tax bills, ensuring homeowners in Wadley pay only their fair share.

Property Tax Bills Across Wadley, Randolph County, Alabama

Source: Ownwell

$224

$475

$725

Median Wadley Tax Bill

$244

Median Randolph County Tax Bill

$364

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Wadley, Randolph County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36276	$78	$143	$244	$447	$682

Source: Ownwell