Trussville, Alabama Property Taxes
The median property tax rate in Trussville, AL is 0.41%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Trussville at $248,065, the typical annual property tax bill amounts to $974, which is well below the national median of $2,690. Property taxes in Trussville 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 Trussville'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 Trussville or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Trussville, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$1,017
$944
Ownwell’s Trussville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Trussville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Trussville 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 Trussville, Alabama
Property taxes in Trussville, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Trussville is 0.41%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Trussville set these rates annually, and they can vary across different neighborhoods. Each year, Trussville 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 Trussville's effective property tax rate to other counties in Alabama and the national median. For comparison, the 35173 zip code has both the highest and lowest median property tax rate of 0.41%. Understanding how these areas compare with Trussville 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 Trussville Tax Rate
0.41%
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 Trussville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35173 | 0.30% | 0.34% | 0.41% | 0.42% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Trussville, Alabama
In Trussville, 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 Trussville, 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 Trussville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Trussville is $248,065, with tax bills ranging from $585 at the 25th percentile to $1,912 at the 90th percentile. The zip code 35173 has the highest and lowest median tax bill of $974.
Average Trussville Assessed Value
$248,065
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 Trussville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35173 | $64,840 | $156,632 | $248,065 | $344,720 | $447,292 |
Source: Ownwell
Property Tax Bills Across Trussville, Alabama
In Trussville, property tax bills are calculated based on the assessed value of a home, which is determined by the St. Clair County tax assessor. The assessed value is a percentage of the market value of the property. Property tax rates in Trussville are influenced by various factors including local government budgets, school funding requirements, and other municipal needs. For homeowners, this means that their annual property tax bill is a reflection of both the value of their property and the financial demands of the community. The median home price in Trussville is $248,065, with property tax bills ranging from $585 at the 25th percentile to $1,912 at the 90th percentile. The highest median tax bill in the area is $974, which is notably lower than the national median property tax rate of 0.99%. This relatively lower tax rate can make homeownership in Trussville more affordable compared to other regions, providing a financial advantage to residents.
Average Trussville Tax Bill
$974
Average St. Clair County Tax Bill
$648
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Trussville, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35173 | $282 | $585 | $974 | $1,445 | $1,912 |
Source: Ownwell