Houston, Alabama Property Taxes
The median property tax rate in Houston, 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 Houston at $194,380, the typical annual property tax bill is $601, well below the national median of $2,690. Property taxes in Houston 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 Houston'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 Houston 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
Houston, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$544
$505
Ownwell’s Houston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Houston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Houston 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 Houston, Alabama
Property taxes in Houston, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Houston is 0.28%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Houston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Houston 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 Houston's effective property tax rate to other counties in Alabama and the national median. For comparison, the highest median property tax rate in Alabama can be found in some regions, while other areas have significantly lower median tax rates. Understanding how these cities compare with Houston 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 Houston 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 Houston, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35572 | 0.19% | 0.26% | 0.28% | 0.39% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Houston, Alabama
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Houston. 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 Houston, 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. For instance, the median home price in Houston is $194,380. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code 35572 has the highest and lowest median tax bill, both at $601. Being aware of these valuation processes in Houston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Houston Assessed Value
$194,380
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 Houston, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35572 | $27,528 | $71,000 | $194,380 | $404,160 | $617,600 |
Source: Ownwell
Property Tax Bills Across Houston, Alabama
In Houston, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as the property's market value, location, and any applicable exemptions can influence the assessed value. For instance, in Winston County, where Houston is located, the median home price is $194,380. Homeowners in the 25th percentile pay around $209 in property taxes, while those in the 75th percentile pay approximately $1,326. The tax bill can climb to $2,262 for properties in the 90th percentile. Compared to the national median property tax rate of 0.99%, Houston's property tax rates can vary significantly based on individual property assessments. This variability can impact homeowners differently, potentially making property taxes a significant portion of their annual expenses. Understanding these factors can help homeowners better anticipate their tax obligations and manage their finances accordingly.
Average Houston Tax Bill
$601
Average Winston County Tax Bill
$384
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Houston, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35572 | $74 | $209 | $601 | $1,326 | $2,262 |
Source: Ownwell