Tuscaloosa, Alabama Property Taxes
The median property tax rate in Tuscaloosa, AL is 0.53%, slightly higher than the state median of 0.47% but well below the national median of 0.99%. With a median home value of $154,200 in Tuscaloosa, the typical annual property tax bill is $913, which is significantly lower than the national median of $2,690. Property taxes in Tuscaloosa are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Tuscaloosa'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 Tuscaloosa 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
Tuscaloosa, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$817
Ownwell’s Tuscaloosa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tuscaloosa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tuscaloosa 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 Tuscaloosa, Alabama
Property taxes in Tuscaloosa, Alabama, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tuscaloosa is 0.53%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Tuscaloosa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tuscaloosa 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 Tuscaloosa's effective property tax rate to other areas in Alabama and the national median. For comparison, the 35401 zip code has the highest median property tax rate of 1.02%, while the 35405 zip code has the lowest median tax rate of 0.48%. Understanding how these areas compare with Tuscaloosa 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 Tuscaloosa Tax Rate
0.53%
Average Tuscaloosa County Tax Rate
0.46%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tuscaloosa, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35401 | 0.44% | 0.49% | 1.02% | 1.03% | 1.03% |
| 35404 | 0.25% | 0.47% | 0.54% | 1.00% | 1.03% |
| 35405 | 0.25% | 0.29% | 0.48% | 0.55% | 1.03% |
| 35406 | 0.44% | 0.49% | 0.53% | 0.55% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Tuscaloosa, Alabama
In Tuscaloosa, 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 Tuscaloosa, 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. For instance, the highest median tax bill in Tuscaloosa is $1,886 in the 35406 zip code, while the lowest median tax bill is $684 in the 35404 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tuscaloosa Assessed Value
$154,200
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 Tuscaloosa, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35401 | $43,770 | $69,800 | $109,700 | $177,400 | $288,690 |
| 35404 | $45,360 | $69,700 | $109,300 | $159,100 | $212,780 |
| 35405 | $97,800 | $130,100 | $179,300 | $256,300 | $329,540 |
| 35406 | $141,000 | $209,675 | $324,950 | $489,150 | $652,200 |
Source: Ownwell
Property Tax Bills Across Tuscaloosa, Alabama
In Tuscaloosa, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value. For homeowners, the median home price in Tuscaloosa is $154,200. The tax rate in Tuscaloosa County is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location within the county and any applicable exemptions. For example, homes in the 35406 zip code have the highest median tax bill at $1,886, while those in the 35404 zip code have the lowest at $684. Homeowners in the 25th percentile can expect tax bills around $562, while those in the 75th percentile might see bills as high as $1,499. At the 90th percentile, tax bills can reach $2,546. These property tax bills impact homeowners by directly affecting their annual housing costs. Understanding how these taxes are calculated helps homeowners budget more effectively and potentially seek exemptions to reduce their tax burden.
Average Tuscaloosa Tax Bill
$913
Average Tuscaloosa County Tax Bill
$736
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Tuscaloosa, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35401 | $312 | $490 | $847 | $1,521 | $2,628 |
| 35404 | $197 | $382 | $684 | $1,042 | $1,455 |
| 35405 | $431 | $597 | $822 | $1,165 | $1,560 |
| 35406 | $765 | $1,146 | $1,886 | $2,771 | $3,724 |
Source: Ownwell