Mathews, Bullock County, Alabama Property Taxes
Median Mathews, AL effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Mathews, AL home value: $290,990
Median annual Mathews, AL tax bill: $927, $1,473 lower than the national median property tax bill of $2,400.
How are property taxes in Bullock calculated?
Property taxes in Mathews, 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 Mathews’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mathews, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mathews, Bullock County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$960
$891
Property Tax Rates Across Mathews, Bullock County, Alabama
Local government entities are responsible for setting tax rates, which can vary significantly within Alabama. This variation occurs because each county, including Bullock, annually determines its budgetary needs to provide essential services. The county then divides this budget by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. While the process involves votes and legislative measures, this is the essence of how property tax rates are determined each year.
In Mathews, located in Bullock County, property owners experience an effective property tax rate that differs from other cities in Alabama. With a median tax rate of 0.33%, Bullock County stands out when compared to the national median property tax rate of 1.02%. Moreover, the median property tax bill in Mathews is notably lower than the national median bill of $2,400. This comparison highlights the diversity in property tax obligations across different regions, offering potential benefits for property owners in Mathews. Understanding these variations can be crucial for homeowners seeking to manage their property tax expenses effectively.
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 Mathews Tax Rate
0.33%
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 Bullock County Tax Rate
0.49%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mathews, Bullock County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36052 | 0.11% | 0.15% | 0.33% | 0.44% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Mathews, Bullock County, Alabama
When examining property taxes in Mathews, Alabama, 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 Bullock 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.
In Bullock County, assessment notices are sent 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 Mathews.
For example, the median home price in Mathews is $290,990, with tax bills ranging significantly across the county. Zip code 36052 has the highest median home price at $290,990.
Property Tax Assessment Values Across Mathews, Bullock County, Alabama
Source: Ownwell
$37,540
$164,265
$290,990
Median Mathews Market Value
$290,990
Median Bullock County Market Value
$52,910
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mathews, Bullock County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36052 | $162,755 | $191,415 | $290,990 | $649,988 | $1,090,635 |
Source: Ownwell
Property Tax Bills Across Mathews, Bullock County, Alabama
Median Mathews Tax Bill
$927
Median Bullock County Tax Bill
$289
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Mathews, Bullock County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36052 | $338 | $687 | $927 | $1,808 | $2,924 |
Source: Ownwell