Russell County, Alabama Property Taxes
The median property tax rate in Russell County is 0.55%, which is higher than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Russell County, the typical annual property tax bill reaches $625, which is significantly lower than the national median of $2,690. Property taxes in Russell County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Russell County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Phenix City or another part of Russell County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Russell County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$633
$588
Ownwell’s Russell County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Russell County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Russell County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Russell County, Alabama
Property taxes in Russell County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Russell County is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Russell County set these rates annually, and they can vary significantly between different areas within the county. Each year, Russell County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Eufaula has one of the higher property tax rates in the region at 0.72%, while the city of Pittsview boasts one of the lowest at 0.43%. Analyzing how Russell County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Russell County Tax Rate
0.55%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Russell County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cottonton | N/A | N/A | N/A | N/A | N/A |
| Eufaula | 0.36% | 0.72% | 0.72% | 0.72% | 0.72% |
| Fort Mitchell | N/A | N/A | N/A | N/A | N/A |
| Hatchechubbee | 0.22% | 0.36% | 0.39% | 0.77% | 0.84% |
| Hurtsboro | 0.34% | 0.39% | 0.72% | 1.00% | 1.16% |
| Opelika | 0.19% | 0.29% | 0.36% | 0.45% | 0.78% |
| Phenix City | 0.36% | 0.50% | 0.57% | 1.18% | 1.18% |
| Pittsview | 0.26% | 0.36% | 0.43% | 0.77% | 0.88% |
| Salem | 0.27% | 0.36% | 0.36% | 0.72% | 0.81% |
| Seale | 0.24% | 0.36% | 0.36% | 0.74% | 0.82% |
| Smiths Station | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Russell County, Alabama
In Russell County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Russell County Appraisal District. The assessed value, however, 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. Assessment notices in Russell County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Russell County, the median home price is $115,149, with tax bills ranging from $315 at the 25th percentile to $1,610 at the 90th percentile. Smiths Station boasts the highest median tax bill at $746, while Cottonton has the lowest at $225. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Russell County Assessed Value
$115,149
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Russell County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cottonton | N/A | N/A | N/A | N/A | N/A |
| Eufaula | $7,000 | $7,000 | $7,000 | $50,552 | $192,773 |
| Fort Mitchell | N/A | N/A | N/A | N/A | N/A |
| Hatchechubbee | $28,419 | $49,881 | $98,971 | $192,601 | $322,081 |
| Hurtsboro | $14,096 | $29,912 | $58,481 | $103,430 | $201,169 |
| Opelika | $47,762 | $77,437 | $139,122 | $241,942 | $359,764 |
| Phenix City | $29,444 | $57,858 | $106,457 | $173,458 | $234,870 |
| Pittsview | $19,357 | $43,904 | $86,902 | $167,472 | $303,650 |
| Salem | $27,874 | $52,583 | $95,210 | $213,183 | $272,369 |
| Seale | $31,989 | $57,976 | $113,884 | $220,583 | $327,847 |
| Smiths Station | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Russell County, Alabama
In Russell County, AL, property tax bills are determined by assessing the market value of a home and applying the county's tax rate. The median home price in this area is $115,149. The property tax rate in Russell County is relatively low compared to the national median property tax rate of 0.99%. Homeowners can expect varying tax bills depending on their property's assessed value and specific location within the county. For instance, homeowners in Smiths Station experience the highest median tax bill at $746, while those in Cottonton see the lowest median tax bill at $225. Generally, tax bills in the 25th percentile are around $315, climbing to $1,076 in the 75th percentile, and reaching up to $1,610 in the 90th percentile. These figures highlight the range of property taxes that homeowners might encounter, influenced by factors such as property value, exemptions, and local tax policies. Understanding these elements can help homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Russell County Tax Bill
$625
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Russell County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cottonton | N/A | N/A | N/A | N/A | N/A |
| Eufaula | $50 | $50 | $50 | $177 | $505 |
| Fort Mitchell | N/A | N/A | N/A | N/A | N/A |
| Hatchechubbee | $111 | $243 | $449 | $755 | $1,068 |
| Hurtsboro | $113 | $197 | $361 | $577 | $972 |
| Opelika | $157 | $288 | $510 | $839 | $1,348 |
| Phenix City | $197 | $378 | $673 | $1,114 | $1,604 |
| Pittsview | $94 | $189 | $407 | $739 | $1,241 |
| Salem | $119 | $229 | $473 | $824 | $1,018 |
| Seale | $109 | $236 | $479 | $853 | $1,285 |
| Smiths Station | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell