Wilcox County Property Taxes
The median property tax rate in Wilcox County is 0.36%, which is significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Wilcox County at $99,190, the typical annual property tax bill is $331, far below the national median of $2,690. Property taxes in Wilcox County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Wilcox County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Camden or another part of Wilcox County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilcox County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.36%
Estimate Property Tax Bill
$357
$331
Ownwell’s Wilcox County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wilcox County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wilcox County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Wilcox County, Alabama
Property taxes in Wilcox County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wilcox County is 0.36%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Wilcox County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wilcox County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. Analyzing how Wilcox County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wilcox County Tax Rate
0.36%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilcox County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alberta | 0.22% | 0.28% | 0.36% | 0.36% | 0.36% |
Arlington | 0.21% | 0.26% | 0.33% | 0.36% | 0.36% |
Boykin | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
Camden | 0.25% | 0.31% | 0.36% | 0.39% | 0.41% |
Catherine | 0.21% | 0.26% | 0.36% | 0.36% | 0.36% |
Coy | 0.21% | 0.26% | 0.32% | 0.37% | 0.43% |
Furman | 0.14% | 0.20% | 0.33% | 0.35% | 0.36% |
Lower Peach Tree | N/A | N/A | N/A | N/A | N/A |
Pine Apple | 0.19% | 0.26% | 0.34% | 0.36% | 0.41% |
Pine Hill | 0.23% | 0.30% | 0.36% | 0.41% | 0.41% |
Thomasville | 0.24% | 0.27% | 0.33% | 0.36% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Wilcox County, Alabama
In Wilcox County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Wilcox County Appraisal District. The assessed value, however, 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. Assessment notices in Wilcox County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, Camden has the highest median tax bill at $409, while Furman has the lowest at $182. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Wilcox County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Wilcox County Assessed Value
$99,190
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wilcox County, Alabama
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alberta | $34,948 | $49,450 | $83,260 | $145,380 | $225,542 |
Arlington | $36,274 | $57,550 | $88,590 | $145,830 | $229,296 |
Boykin | $101,433 | $110,168 | $124,725 | $139,282 | $148,017 |
Camden | $39,834 | $61,762 | $115,240 | $198,245 | $303,468 |
Catherine | $35,261 | $63,748 | $103,410 | $187,140 | $333,403 |
Coy | $32,531 | $48,575 | $74,340 | $125,050 | $178,402 |
Furman | $36,634 | $44,530 | $90,730 | $219,360 | $443,442 |
Lower Peach Tree | N/A | N/A | N/A | N/A | N/A |
Pine Apple | $30,723 | $50,305 | $85,450 | $164,185 | $280,955 |
Pine Hill | $34,400 | $51,980 | $81,920 | $136,430 | $210,900 |
Thomasville | $40,108 | $48,340 | $76,900 | $151,090 | $242,216 |
Source: Ownwell
Property Tax Bills Across Wilcox County, Alabama
In Wilcox County, AL, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Homeowners in Wilcox County see a range of property tax bills depending on various factors, including the location and value of their property. For instance, the median home price in the county is $99,190. Tax bills can vary significantly, with the 25th percentile at $177 and the 75th percentile at $596. The 90th percentile sees tax bills as high as $975. The highest median tax bill is found in Camden at $409, while the lowest is in Furman at $182. These variations can impact homeowners differently, potentially influencing their financial planning and housing decisions. Compared to the national median property tax rate of 0.99%, Wilcox County's property taxes reflect a diverse range, highlighting the importance of understanding local tax assessments for homeowners.
Average Wilcox County Tax Bill
$331
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilcox County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alberta | $88 | $143 | $246 | $470 | $799 |
Arlington | $82 | $154 | $247 | $446 | $743 |
Boykin | $345 | $345 | $345 | $345 | $345 |
Camden | $116 | $219 | $409 | $724 | $1,073 |
Catherine | $102 | $178 | $311 | $586 | $1,080 |
Coy | $98 | $154 | $230 | $390 | $573 |
Furman | $74 | $113 | $182 | $725 | $1,532 |
Lower Peach Tree | N/A | N/A | N/A | N/A | N/A |
Pine Apple | $82 | $155 | $272 | $512 | $943 |
Pine Hill | $87 | $151 | $257 | $453 | $723 |
Thomasville | $100 | $163 | $314 | $542 | $751 |
Source: Ownwell