Mc Calla, Alabama Property Taxes
The median property tax rate in Mc Calla, AL is 0.27%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Mc Calla, the typical annual property tax bill reaches $548, far below the national median of $2,690. Property taxes in Mc Calla are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mc Calla'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 Mc Calla or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mc Calla, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.27%
Estimate Property Tax Bill
$520
$483
Ownwell’s MC CALLA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MC CALLA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MC CALLA 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 Mc Calla, Alabama
Property taxes in Mc Calla, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mc Calla is 0.27%, significantly lower than the U.S. national median of 0.99%. Local government entities within Mc Calla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mc Calla 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 Mc Calla's effective property tax rate to other counties in Alabama and the national median. Understanding how Mc Calla's tax rates compare with those in other regions provides valuable insights into the varying tax landscape across Tuscaloosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mc Calla Tax Rate
0.27%
Average Tuscaloosa County Tax Rate
0.46%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Calla, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35111 | 0.18% | 0.23% | 0.27% | 0.35% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Mc Calla, Alabama
In Mc Calla, 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 Tuscaloosa 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 Mc Calla, 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 Mc Calla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Mc Calla are both $548, found in the 35111 zip code.
Average Mc Calla Assessed Value
$192,700
Average Tuscaloosa County Assessed Value
$160,600
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mc Calla, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35111 | $44,500 | $110,300 | $192,700 | $268,700 | $330,300 |
Source: Ownwell
Property Tax Bills Across Mc Calla, Alabama
In Mc Calla, located in Tuscaloosa County, Alabama, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For example, if the median home price in Mc Calla is $192,700, the assessed value would be a fraction of this amount, which is then used to calculate the tax bill. Factors such as property size, location, and home improvements can influence the assessed value. The median property tax bill in this area ranges from $300 at the 25th percentile to $1,157 at the 90th percentile, with a median tax bill of $548. This is significantly lower than the national median property tax rate of 0.99%. For homeowners, understanding these factors can help in budgeting for annual expenses and planning for any potential appeals or exemptions. The relatively low tax bills in Mc Calla can make homeownership more affordable compared to other regions with higher property tax rates.
Average Mc Calla Tax Bill
$548
Average Tuscaloosa County Tax Bill
$736
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Calla, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35111 | $123 | $300 | $548 | $851 | $1,157 |
Source: Ownwell