Arley, Winston County, Alabama Property Taxes
The median property tax rate in Arley, Alabama is 0.28%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Arley at $261,140, the typical annual property tax bill amounts to $845, well below the national median of $2,690. Property taxes in Arley 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 Arley'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 Arley or another part of Winston County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arley, Winston County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$731
$679
Ownwell’s Arley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arley 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 Arley, Winston County, Alabama
Property taxes in Arley, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arley is 0.28%, significantly lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Arley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arley 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 Arley'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 found in Jefferson County at 0.66%, while the lowest median tax rate is in Lamar County at 0.18%. Understanding how these cities compare with Arley provides valuable insights into the varying tax landscape across Winston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arley Tax Rate
0.28%
Average Winston County Tax Rate
0.28%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arley, Winston County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35541 | 0.21% | 0.27% | 0.28% | 0.46% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Arley, Winston County, Alabama
In Arley, 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 Winston 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 Arley, 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 Arley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Arley is $845.00, found in the 35541 zip code, while the lowest is also $845.00 in the same zip code.
Property Tax Assessment Values Across Arley, Winston County, Alabama
Source: Ownwell
$59,080
$247,780
$436,480
Average Arley Assessed Value
$261,140
Average Winston County Assessed Value
$114,100
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arley, Winston County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35541 | $39,716 | $99,460 | $261,140 | $548,950 | $788,062 |
Source: Ownwell
Property Tax Bills Across Arley, Winston County, Alabama
In Arley, property tax bills are determined primarily by the assessed value of a property, which is a percentage of its market value. The county government in Winston County sets the tax rate, which is then applied to the assessed value to calculate the annual tax bill. Various factors, including property size, location, and improvements, influence the assessed value. Homeowners in Arley typically see a range of property tax bills. For instance, the 25th percentile tax bill is around $333, while the 75th percentile reaches $1,760. At the higher end, the 90th percentile tax bill can go up to $2,820. Compared to the national median property tax rate of 0.99%, these figures illustrate the variability within the area. Understanding these factors is crucial for homeowners, as property taxes significantly impact annual housing costs. Accurate assessments and awareness of potential exemptions can help manage these expenses effectively.
Average Arley Tax Bill
$845
Average Winston County Tax Bill
$384
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Arley, Winston County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35541 | $121 | $333 | $845 | $1,760 | $2,820 |
Source: Ownwell