Logan, Alabama Property Taxes
The median property tax rate in Logan, Alabama is 0.28%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $154,060 in Logan, the typical annual property tax bill is $475, well below the national median of $2,690. Property taxes in Logan are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural land. Understanding Logan'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 Logan 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
Logan, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$431
$400
Ownwell’s Logan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Logan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Logan 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 Logan, Alabama
Property taxes in Logan, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Logan is 0.31%, which is higher than both the Alabama state median of 0.37% and the U.S. national median of 0.99%. Local government entities within Logan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Logan 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 Logan'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 0.66%, while the lowest median tax rate is 0.24%. Understanding how these cities compare with Logan 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 Logan 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 Logan, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35098 | 0.19% | 0.25% | 0.28% | 0.44% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Logan, Alabama
In Logan, 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 Logan, 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 Logan is $154,060, and understanding the distinction between these valuation concepts can help property owners navigate their tax responsibilities. For instance, the median tax bill in the 35098 zip code is $475, which can be compared to the national median property tax rate of 0.99%. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Logan Assessed Value
$154,060
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 Logan, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35098 | $24,882 | $49,100 | $154,060 | $307,025 | $472,998 |
Source: Ownwell
Property Tax Bills Across Logan, Alabama
In Logan, property tax bills are a crucial consideration for homeowners. The tax bill is calculated based on the assessed value of the property, which is determined by the local tax assessor. Factors such as property size, location, and market conditions influence this assessed value. Once the value is established, a tax rate, set by local authorities, is applied to calculate the final tax bill. For homeowners in Logan, the median home price stands at $154,060. Property tax bills can vary significantly, with the 25th percentile at $133 and the 75th percentile at $1,008. At the 90th percentile, tax bills can reach up to $1,721. The highest and lowest median tax bills in the area are both $475, specifically in the 35098 zip code. These tax bills impact homeowners by influencing their overall housing costs. Compared to the national median property tax rate of 0.99%, Logan's rates can offer some relief or additional burden, depending on where a property falls within the assessed value spectrum.
Average Logan Tax Bill
$475
Average Winston County Tax Bill
$384
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Logan, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35098 | $66 | $133 | $475 | $1,008 | $1,721 |
Source: Ownwell