Tallapoosa County, Alabama Property Taxes
The median property tax rate in Tallapoosa County is 0.32%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Tallapoosa County, the typical annual property tax bill reaches $472, far below the national median of $2,690. Property taxes in Tallapoosa County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Tallapoosa County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Dadeville or another part of Tallapoosa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tallapoosa County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$387
$359
Ownwell’s Tallapoosa County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Tallapoosa County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Tallapoosa County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Tallapoosa County, Alabama
Property taxes in Tallapoosa play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Tallapoosa is 0.32%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Tallapoosa set these rates annually, and they can vary significantly between different areas within the county. Each year, Tallapoosa estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Houston has one of the higher property tax rates in Texas at 2.31%, while the city of Alpine boasts one of the lowest at 0.61%. Analyzing how Tallapoosa's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Tallapoosa County Tax Rate
0.32%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tallapoosa County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander City | 0.27% | 0.30% | 0.38% | 0.68% | 0.75% |
| Auburn | 0.15% | 0.22% | 0.28% | 0.30% | 0.38% |
| Camp Hill | 0.20% | 0.27% | 0.34% | 0.60% | 0.70% |
| Cragford | N/A | N/A | N/A | N/A | N/A |
| Dadeville | 0.23% | 0.30% | 0.30% | 0.37% | 0.62% |
| Daviston | 0.19% | 0.25% | 0.30% | 0.34% | 0.60% |
| Goodwater | 0.14% | 0.22% | 0.28% | 0.31% | 0.60% |
| Jacksons Gap | 0.23% | 0.29% | 0.30% | 0.38% | 0.60% |
| Kellyton | 0.19% | 0.23% | 0.28% | 0.38% | 0.60% |
| Notasulga | 0.20% | 0.23% | 0.28% | 0.31% | 0.60% |
| Tallassee | 0.24% | 0.30% | 0.35% | 0.67% | 0.74% |
| Wadley | 0.15% | 0.19% | 0.27% | 0.30% | 0.56% |
| Waverly | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Tallapoosa County, Alabama
In Tallapoosa County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Tallapoosa County Appraisal District. The assessed value, however, 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 Tallapoosa County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Dadeville has the highest median tax bill in the county at $999, while Waverly has the lowest at $158. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Tallapoosa County, Alabama
Source: Ownwell
$55,900
$169,950
$284,000
Average Tallapoosa County Assessed Value
$120,950
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tallapoosa County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander City | $34,730 | $57,400 | $95,950 | $176,675 | $372,500 |
| Auburn | $47,670 | $61,900 | $157,700 | $318,350 | $454,700 |
| Camp Hill | $15,500 | $32,700 | $55,900 | $97,100 | $179,280 |
| Cragford | N/A | N/A | N/A | N/A | N/A |
| Dadeville | $47,350 | $111,775 | $284,000 | $487,500 | $663,900 |
| Daviston | $34,550 | $55,925 | $92,800 | $157,975 | $246,250 |
| Goodwater | $34,560 | $53,100 | $95,000 | $152,900 | $254,860 |
| Jacksons Gap | $45,950 | $88,800 | $265,300 | $424,950 | $641,850 |
| Kellyton | $27,690 | $45,125 | $71,350 | $138,900 | $215,870 |
| Notasulga | $38,040 | $61,500 | $97,650 | $170,650 | $260,400 |
| Tallassee | $29,170 | $41,875 | $66,350 | $119,025 | $215,990 |
| Wadley | $72,950 | $83,350 | $139,550 | $218,725 | $327,450 |
| Waverly | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Tallapoosa County, Alabama
In Tallapoosa County, Alabama, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. The local government determines this assessed value, and then applies the county's tax rate to it. Factors such as property improvements, neighborhood developments, and market trends can influence the assessed value. Homeowners in Tallapoosa County experience a range of tax bills, with the 25th percentile paying around $233 and the 75th percentile facing bills up to $1,098. The highest median tax bill in the county is $999 in Dadeville, while Waverly has the lowest at $158. These property tax bills impact homeowners by influencing their overall housing costs and potentially affecting their financial planning. Compared to the national median property tax rate of 0.99%, Tallapoosa County's rates can be considered relatively moderate, providing some relief to homeowners while still funding essential local services.
Average Tallapoosa County Tax Bill
$472
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Tallapoosa County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander City | $135 | $235 | $410 | $742 | $1,604 |
| Auburn | $123 | $183 | $347 | $852 | $1,351 |
| Camp Hill | $51 | $101 | $183 | $330 | $553 |
| Cragford | N/A | N/A | N/A | N/A | N/A |
| Dadeville | $175 | $399 | $999 | $1,624 | $2,629 |
| Daviston | $99 | $162 | $268 | $468 | $691 |
| Goodwater | $87 | $140 | $249 | $401 | $605 |
| Jacksons Gap | $152 | $322 | $876 | $1,511 | $2,609 |
| Kellyton | $80 | $125 | $248 | $444 | $607 |
| Notasulga | $105 | $162 | $278 | $507 | $830 |
| Tallassee | $124 | $184 | $282 | $433 | $703 |
| Wadley | $111 | $222 | $324 | $496 | $743 |
| Waverly | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell