Pell City, Alabama Property Taxes
The median property tax rate in Pell City, AL is 0.33%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Pell City being $108,685, the typical annual property tax bill reaches $287, which is substantially below the national median of $2,690. Property taxes in Pell City are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pell City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pell City 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
Pell City, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.33%
Estimate Property Tax Bill
$359
$333
Ownwell’s Pell City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pell City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pell City 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 Pell City, Alabama
Property taxes in Pell City, Alabama, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Pell City is 0.33%, significantly lower than both the Alabama state median of 0.40% and the U.S. national median of 0.99%. Local government entities within Pell City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pell City 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 Pell City's effective property tax rate to other counties in Alabama and the national median. For comparison, Shelby County has the highest median property tax rate of 0.64%, while St. Clair County has the lowest median tax rate of 0.26%. Understanding how these cities compare with Pell City provides valuable insights into the varying tax landscape across St. Clair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pell City Tax Rate
0.33%
Average Shelby County Tax Rate
0.48%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pell City, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35128 | 0.17% | 0.20% | 0.33% | 0.43% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Pell City, Alabama
Understanding the difference between "market value" and "assessed value" is essential for comprehending property taxes in Pell City, Alabama. The market value represents the price a willing buyer would pay to a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the county 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. Assessment notices in Pell City 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 median home price in Pell City is $108,685, with tax bills ranging from $186 at the 25th percentile to $624 at the 90th percentile. The zip code 35128 has the highest and lowest median tax bill of $287. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Pell City Assessed Value
$108,685
Average Shelby County Assessed Value
$249,060
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pell City, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35128 | $59,915 | $98,690 | $108,685 | $126,585 | $191,635 |
Source: Ownwell
Property Tax Bills Across Pell City, Alabama
In Pell City, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Pell City can expect a median property tax rate that is influenced by local government budgets and the needs of the community. The tax bill is determined by multiplying the assessed value of the property by the local tax rate. Several factors are considered in this calculation, including the property's location, size, and any improvements made to it. For instance, the median home price in Pell City is $108,685, and tax bills can range significantly. Homeowners in the 25th percentile pay around $186, while those in the 75th percentile pay approximately $529. At the 90th percentile, the tax bill can go up to $624. Understanding these figures is crucial for homeowners as property taxes can have a significant impact on annual household expenses, influencing decisions on purchasing and maintaining a home.
Average Pell City Tax Bill
$287
Average Shelby County Tax Bill
$1,229
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Pell City, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35128 | $144 | $186 | $287 | $529 | $624 |
Source: Ownwell