Midway, Barbour County, Alabama Property Taxes

Name: Property Tax Bills Across Midway, Barbour County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Midway, AL effective property tax rate: 0.30%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Midway, AL home value: $69,800
Median annual Midway, AL tax bill: $261, $2,139 lower than the national median property tax bill of $2,400.

How are property taxes in Barbour calculated?

Property taxes in Midway, AL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Midway’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Midway, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Midway, Barbour County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.3%

Estimate Property Tax Bill

$209

$194

Ownwell’s Midway Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Midway with just two data points. By entering your property's estimated assessed value, our calculator applies Midway’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Barbour County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Midway, Barbour County, Alabama

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county, such as Barbour County, estimates its annual budget needs to fund local services and divides that by the total assessed value of all taxable property in its jurisdiction. This process determines the property tax rate. While the setting of tax rates and budgets involves votes and legislative measures, this is essentially the yearly routine.

In Midway, located in Barbour County, the effective property tax rate is notably lower than both the state and national medians. The median property tax rate in Alabama is 0.30%, significantly below the national median of 1.02%. Consequently, property owners in Midway enjoy one of the lowest property tax burdens in the country. This makes Midway an attractive location for those looking to minimize their property tax expenses. By comparing Midway's effective property tax rate with other cities in Alabama and the national median, it becomes evident that property owners in this region benefit from a favorable tax environment.

Property Tax Rates Across Midway, Barbour County, Alabama

Source: Ownwell

0.23%

0.32%

0.41%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Midway Tax Rate

0.30%

Median Effective Barbour County Tax Rate

0.40%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Midway, Barbour County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36053	0.19%	0.22%	0.30%	0.59%	0.59%

Source: Ownwell

Property Tax Assessment Values Across Midway, Barbour County, Alabama

When examining property taxes in Midway, AL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Barbour County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: Barbour County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Midway. For example, the median home price in Midway is $69,800, with tax bills ranging significantly across the county. 36053 has the highest median home price at $69,800.

Property Tax Assessment Values Across Midway, Barbour County, Alabama

Source: Ownwell

$61,300

$86,775

$112,250

Median Midway Market Value

$69,800

Median Barbour County Market Value

$82,600

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Midway, Barbour County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36053	$20,700	$44,700	$69,800	$159,900	$280,920

Source: Ownwell

Property Tax Bills Across Midway, Barbour County, Alabama

In Midway, Barbour County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price here is $69,800, significantly lower than the national average, resulting in a median property tax bill of $261. This is well below the national median property tax bill of $2,400. Tax bills can vary widely within the city, ranging from the 25th percentile at $132 to the 90th percentile at $876. Factors influencing these variations include the property’s assessed value and applicable tax rates. Lower tax bills might be appealing, but they can also indicate limited local funding for public services like schools and infrastructure. Homeowners in Midway can benefit from appealing their property tax assessments if they believe their property is overvalued. This is where Ownwell comes in, providing expert assistance to ensure homeowners pay only their fair share. By leveraging our services, homeowners can potentially save significantly on their property tax bills.

Property Tax Bills Across Midway, Barbour County, Alabama

Source: Ownwell

$178

$330

$481

Median Midway Tax Bill

$261

Median Barbour County Tax Bill

$360

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Midway, Barbour County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36053	$86	$132	$261	$470	$876

Source: Ownwell