Adger, Alabama Property Taxes
The median property tax rate in Adger, AL is 0.26%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Adger at $72,300, the typical annual property tax bill is $185, well below the national median of $2,690. Property taxes in Adger 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 Adger'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 Adger or another part of Walker County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adger, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$188
$174
Ownwell’s Adger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adger 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 Adger, Alabama
Property taxes in Adger, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adger is 0.33%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Adger set these rates annually, and they can vary across different neighborhoods. Each year, Adger 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 Adger'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 0.66%, while the lowest median tax rate is 0.25%. Understanding how these cities compare with Adger provides valuable insights into the varying tax landscape across Walker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adger Tax Rate
0.26%
Average Walker County Tax Rate
0.31%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adger, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35006 | 0.26% | 0.26% | 0.26% | 0.31% | 0.40% |
Source: Ownwell
Property Tax Assessment Values Across Adger, Alabama
In Adger, 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 Walker 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 Adger, 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. Notably, the median home price in the area is $72,300, with tax bills ranging from $121 at the 25th percentile to $1,186 at the 90th percentile. The highest and lowest median tax bills are both $185 in the 35006 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Adger Assessed Value
$72,300
Average Walker County Assessed Value
$97,400
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adger, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35006 | $30,300 | $47,400 | $72,300 | $152,275 | $268,510 |
Source: Ownwell
Property Tax Bills Across Adger, Alabama
In Adger, property tax bills are calculated based on the assessed value of a home, which is determined by the Walker County tax assessor. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the tax bill. For homeowners in Adger, the median home price is $72,300. Tax bills can vary significantly; for example, the 25th percentile tax bill is $121, while the 75th percentile reaches $568. At the higher end, the 90th percentile tax bill is $1,186. These tax bills can have a notable impact on homeowners, influencing their overall housing costs and potentially affecting their ability to budget for other expenses. Comparatively, the national median property tax rate is 0.99%, highlighting that Adger's tax rates can be relatively manageable for some homeowners, although higher tax bills can still pose a financial burden. Understanding these factors is crucial for homeowners to effectively plan and manage their finances.
Average Adger Tax Bill
$185
Average Walker County Tax Bill
$298
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Adger, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35006 | $78 | $121 | $185 | $568 | $1,186 |
Source: Ownwell