Quinton, Alabama Property Taxes
The median property tax rate in Quinton, Alabama is 0.26%, considerably lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Quinton at $74,000, the typical annual property tax bill is $214, significantly below the national median of $2,690. Property taxes in Quinton 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 Quinton'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 Quinton 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
Quinton, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$192
$179
Ownwell’s Quinton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Quinton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Quinton 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 Quinton, Alabama
Property taxes in Quinton, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Quinton is 0.33%, which is higher than both the Alabama state median of 0.40% and the U.S. national median of 0.99%. Local government entities within Quinton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Quinton 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 Quinton's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in the region is 0.47%, while the lowest median tax rate is 0.20%. Understanding how these cities compare with Quinton 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 Quinton 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 Quinton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35130 | 0.15% | 0.20% | 0.26% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Quinton, Alabama
In Quinton, 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 Quinton, 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. The median home price in Quinton is $74,000, with tax bills ranging from $106 at the 25th percentile to $634 at the 90th percentile. The highest and lowest median tax bills in the region are both $214, found in the 35130 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 their tax burden.
Average Quinton Assessed Value
$74,000
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 Quinton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35130 | $24,440 | $42,050 | $74,000 | $123,100 | $197,900 |
Source: Ownwell
Property Tax Bills Across Quinton, Alabama
In Quinton, Walker County, AL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Homeowners in this area typically see a range of tax bills depending on their property's assessed value and the local tax rate. The median home price in Quinton is $74,000, and property tax bills can vary significantly. For example, the 25th percentile tax bill is $106, while the 75th percentile tax bill is $395, and the 90th percentile tax bill reaches up to $634. These tax bills are influenced by multiple factors, including the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Quinton offers relatively affordable property tax rates, making it an attractive option for homeowners. Understanding how these factors interplay helps homeowners anticipate their tax obligations and manage their finances more effectively.
Average Quinton Tax Bill
$214
Average Walker County Tax Bill
$298
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Quinton, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35130 | $56 | $106 | $214 | $395 | $634 |
Source: Ownwell