Alexander City, Tallapoosa County, Alabama Property Taxes
Median Alexander City, AL effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Alexander City, AL home value: $95,950
Median annual Alexander City, AL tax bill: $410, $1,990 lower than the national median property tax bill of $2,400.
How are property taxes in Tallapoosa County calculated?
Property taxes in Alexander City, AL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Alexander City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alexander City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alexander City, Tallapoosa County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.38%
Estimate Property Tax Bill
$365
$338
Property Tax Rates Across Alexander City, Tallapoosa County, Alabama
Local government entities determine property tax rates, which can differ significantly across a state. This variation is due to each county's annual budgetary needs. Each year, a county calculates the budget required for its services and divides this by the total value of all taxable properties within its jurisdiction, resulting in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is essentially the yearly process.
In Alexander City in Tallapoosa County, the effective property tax rate is 0.38%. This rate is significantly lower than the national median property tax rate of 1.02%. When you compare this to other cities in Alabama, you'll find that Alexander City's rate is among the most affordable. The national median property tax bill is $2,400, which further highlights how Alexander City's property tax rate offers residents substantial savings. By understanding these differences, property owners can make informed decisions about where to invest or settle, enjoying more favorable tax conditions in Alexander City compared to other regions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alexander City Tax Rate
0.38%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Tallapoosa County Tax Rate
0.32%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alexander City, Tallapoosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35010 | 0.27% | 0.30% | 0.38% | 0.68% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Alexander City, Tallapoosa County, Alabama
When examining property taxes in Alexander City, Alabama, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Tallapoosa County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Tallapoosa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Alexander City.
For example, the median home price in Alexander City is $95,950, with tax bills ranging significantly across the county. Zip code 35010 has the highest median home price at $95,950.
Property Tax Assessment Values Across Alexander City, Tallapoosa County, Alabama
Source: Ownwell
$55,900
$169,950
$284,000
Median Alexander City Market Value
$95,950
Median Tallapoosa County Market Value
$120,950
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alexander City, Tallapoosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35010 | $34,730 | $57,400 | $95,950 | $176,675 | $372,500 |
Source: Ownwell
Property Tax Bills Across Alexander City, Tallapoosa County, Alabama
Median Alexander City Tax Bill
$410
Median Tallapoosa County Tax Bill
$472
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Alexander City, Tallapoosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35010 | $135 | $235 | $410 | $742 | $1,604 |
Source: Ownwell