Vestavia Hills, Shelby County, Alabama Property Taxes
The median property tax rate in Vestavia Hills, AL is 0.43%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Vestavia Hills at $298,350, the typical annual property tax bill comes to $1,226, well below the national median of $2,690. Property taxes in Vestavia Hills are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Vestavia Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Vestavia Hills 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
Vestavia Hills, Shelby County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$1,283
$1,191
Ownwell’s Vestavia Hills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Vestavia Hills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Vestavia Hills 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 Vestavia Hills, Shelby County, Alabama
Property taxes in Vestavia Hills, Alabama, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Vestavia Hills is 0.43%, which is significantly lower than the U.S. national median of 0.99%. Local government entities in Vestavia Hills set these rates annually, and they can vary across different neighborhoods. Each year, Vestavia Hills estimates its required budget to maintain services for the upcoming fiscal year. This budget is then divided 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 Vestavia Hills' effective property tax rate to other areas within Shelby County and the national median. For comparison, the zip code 35216 has both the highest and lowest median property tax rate of 0.43%, the same as Vestavia Hills. Understanding how Vestavia Hills compares with other regions provides valuable insights into the varying tax landscape across Shelby County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Vestavia Hills Tax Rate
0.43%
Average Shelby County Tax Rate
0.48%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Vestavia Hills, Shelby County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35216 | 0.37% | 0.42% | 0.43% | 0.43% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Vestavia Hills, Shelby County, Alabama
In Vestavia Hills, 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 Shelby 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 Vestavia Hills, 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 median home price in Vestavia Hills is $298,350, with tax bills ranging from $972 at the 25th percentile to $1,798 at the 90th percentile. The zip code with both the highest and lowest median tax bills is 35216, valued at $1,226. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Vestavia Hills, Shelby County, Alabama
Source: Ownwell
$175,500
$572,468
$969,435
Average Vestavia Hills Assessed Value
$298,350
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 Vestavia Hills, Shelby County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35216 | $203,650 | $239,150 | $298,350 | $360,050 | $397,850 |
Source: Ownwell
Property Tax Bills Across Vestavia Hills, Shelby County, Alabama
In Vestavia Hills, located in Shelby County, AL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Vestavia Hills is $298,350. Property taxes in this area are relatively low compared to the national median property tax rate of 0.99%. The tax bill for homeowners in Vestavia Hills varies, with the 25th percentile at $972 and the 75th percentile at $1554. For those at the 90th percentile, the tax bill can reach up to $1798. The highest and lowest median tax bills in the area both stand at $1226, specifically in the zip code 35216. These amounts are influenced by factors such as property size, location, and any applicable exemptions. Homeowners in Vestavia Hills benefit from lower property tax rates, which can make homeownership more affordable compared to other regions with higher taxes. This financial advantage can be a significant factor for potential homeowners considering a move to this area.
Average Vestavia Hills Tax Bill
$1,226
Average Shelby County Tax Bill
$1,229
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Vestavia Hills, Shelby County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35216 | $755 | $972 | $1,226 | $1,554 | $1,798 |
Source: Ownwell