Berry, Walker County, Alabama Property Taxes
The median property tax rate in Berry, Alabama is 0.22%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Berry, the typical annual property tax bill is $172, far below the national median of $2,690. Property taxes in Berry are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Berry'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 Berry or another part of the city, getting a grasp on the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Berry, Walker County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.22%
Estimate Property Tax Bill
$166
$154
Ownwell’s Berry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Berry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Berry 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 Berry, Walker County, Alabama
Property taxes in Berry, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Berry stands at 0.22%, which is significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Berry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Berry 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 Berry'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 0.43%, while the lowest median tax rate is 0.16%. Understanding how these cities compare with Berry 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 Berry Tax Rate
0.22%
Average Walker County Tax Rate
0.31%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Berry, Walker County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35546 | 0.11% | 0.18% | 0.22% | 0.35% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Berry, Walker County, Alabama
In Berry, 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 Berry, 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 Berry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Berry is $172.00 in the 35546 zip code, which provides a reference point for homeowners looking to understand their tax obligations.
Property Tax Assessment Values Across Berry, Walker County, Alabama
Source: Ownwell
$37,600
$103,950
$170,300
Average Berry Assessed Value
$75,600
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 Berry, Walker County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35546 | $23,700 | $35,900 | $75,600 | $129,300 | $180,280 |
Source: Ownwell
Property Tax Bills Across Berry, Walker County, Alabama
In Berry, property tax bills are calculated based on the assessed value of your home, which is a percentage of the market value. For homeowners in Berry, the median home price is $75,600. This assessed value is then multiplied by the local property tax rate to determine the tax bill. Various factors such as property size, location, and any applicable exemptions can influence this assessed value. Homeowners in Berry can expect their tax bills to vary significantly. The 25th percentile tax bill is around $89, while the 75th percentile tax bill reaches $363. The 90th percentile tax bill can go up to $536. These figures indicate a range of potential tax liabilities, reflecting the diversity in property values and conditions within the city. Comparatively, Berry's property tax rates are relatively low, providing some financial relief to homeowners. This can be particularly beneficial when considering the national median property tax rate of 0.99%, making Berry an attractive location for those looking to manage their annual property expenses.
Average Berry Tax Bill
$172
Average Walker County Tax Bill
$298
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Berry, Walker County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35546 | $29 | $89 | $172 | $363 | $536 |
Source: Ownwell