Cropwell, Alabama Property Taxes
The median property tax rate in Cropwell, AL is 0.35%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Cropwell, the typical annual property tax bill amounts to $889, well below the national median of $2,690. Property taxes in Cropwell are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cropwell'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 Cropwell or another part of St. Clair County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cropwell, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.35%
Estimate Property Tax Bill
$873
$810
Ownwell’s Cropwell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cropwell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cropwell 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 Cropwell, Alabama
Property taxes in Cropwell, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cropwell is 0.35%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Cropwell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cropwell 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 Cropwell's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the county is found in ZIP code 35125 with a rate of 0.65%, while the lowest median tax rate is in ZIP code 35128 at 0.30%. Understanding how these cities compare with Cropwell 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 Cropwell Tax Rate
0.35%
Average St. Clair County Tax Rate
0.35%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cropwell, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35054 | 0.27% | 0.32% | 0.35% | 0.36% | 0.41% |
Source: Ownwell
Property Tax Assessment Values Across Cropwell, Alabama
In Cropwell, 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 St. Clair 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 Cropwell, 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. 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 Cropwell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Cropwell are both $889, found in the 35054 zip code.
Average Cropwell Assessed Value
$249,340
Average St. Clair County Assessed Value
$169,020
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cropwell, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35054 | $72,818 | $151,795 | $249,340 | $351,490 | $488,237 |
Source: Ownwell
Property Tax Bills Across Cropwell, Alabama
In Cropwell, located in St. Clair County, AL, property tax bills are calculated based on the assessed value of a property, which is determined by the county tax assessor. This assessed value is typically a percentage of the property's market value. Homeowners in Cropwell can expect their tax bills to be influenced by various factors, including the median home price of $249,340. The tax rate in Cropwell is compared to the national median property tax rate of 0.99%. Homeowners in the area might see tax bills ranging from the 25th percentile at $532 to the 75th percentile at $1249, and even up to the 90th percentile at $1836. The highest and lowest median tax bills in the area are both recorded at $889 in the 35054 zip code, making it a relatively stable region for property taxes. These tax bills significantly impact homeowners, as they contribute to local services such as schools, infrastructure, and emergency services. Understanding these factors can help homeowners better anticipate their annual financial obligations.
Average Cropwell Tax Bill
$889
Average St. Clair County Tax Bill
$648
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Cropwell, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35054 | $246 | $532 | $889 | $1,249 | $1,836 |
Source: Ownwell