Emelle, Alabama Property Taxes
The median property tax rate in Emelle, 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 Emelle at $80,430, the typical annual property tax bill reaches $298, which is well below the national median of $2,690. Property taxes in Emelle 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 Emelle'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 Emelle or another part of Sumter County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Emelle, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.33%
Estimate Property Tax Bill
$265
Ownwell’s Emelle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Emelle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Emelle 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 Emelle, Alabama
Property taxes in Emelle, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Emelle is 0.33%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Emelle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Emelle 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 Emelle's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama is found in Shelby County with a rate of 0.43%, while the lowest median tax rate is in Choctaw County at 0.21%. Understanding how these cities compare with Emelle provides valuable insights into the varying tax landscape across Sumter County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Emelle Tax Rate
0.33%
Average Sumter County Tax Rate
0.37%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emelle, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35459 | 0.17% | 0.24% | 0.33% | 0.37% | 0.43% |
Source: Ownwell
Property Tax Assessment Values Across Emelle, Alabama
In Emelle, 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 Sumter 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 Emelle, 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 example, the median home price in Emelle is $80,430, with tax bills ranging from $143 at the 25th percentile to $928 at the 90th percentile. The highest and lowest median tax bills both amount to $298, found in the 35459 zip code. 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 Emelle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Emelle Assessed Value
$80,430
Average Sumter County Assessed Value
$62,300
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Emelle, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35459 | $22,260 | $42,300 | $80,430 | $168,320 | $289,000 |
Source: Ownwell
Property Tax Bills Across Emelle, Alabama
Property tax bills in Emelle, situated in Sumter County, AL, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the property's market value, and various factors such as property size, location, and improvements are considered. Homeowners in Emelle experience a range of property tax bills. For instance, the 25th percentile tax bill is $143, while the 75th percentile tax bill reaches $571. The 90th percentile can go up to $928, reflecting the variability in property values and assessments. The highest median tax bill in the area is $298, which is notably lower than the national median property tax rate of 0.99%. This relatively low property tax burden can be advantageous for homeowners, making Emelle an attractive place for those looking to minimize their annual property tax expenses. However, it's crucial for homeowners to stay informed about their property assessments to ensure they are fair and accurate.
Average Emelle Tax Bill
$298
Average Sumter County Tax Bill
$245
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Emelle, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35459 | $66 | $143 | $298 | $571 | $928 |
Source: Ownwell