Fort Deposit, Butler County, Alabama Property Taxes
Median Fort Deposit, AL effective property tax rate: 0.27%, significantly lower than the national median of 1.02%, but also lower than the Alabama state median of 0.47%.
Median Fort Deposit, AL home value: $93,700
Median annual Fort Deposit, AL tax bill: $260, $2,140 lower than the national median property tax bill of $2,400.
How are property taxes in Butler County calculated?
Property taxes in Fort Deposit, 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 Fort Deposit’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fort Deposit, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fort Deposit, Butler County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.27%
Estimate Property Tax Bill
$253
$235
Property Tax Rates Across Fort Deposit, Butler County, Alabama
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county, including Butler County, estimates its required budget annually to provide essential services. They then divide this budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.
In Fort Deposit, located in Butler County, the effective property tax rate is 0.27%. This rate is considerably lower than the national median property tax rate of 1.02%. Compared to other cities and counties in Alabama, Fort Deposit's property tax rate is among the lowest, reflecting the state's overall trend of lower property taxes. The median property tax bill in Fort Deposit is also significantly lower than the national median of $2400, offering residents a more affordable cost of living. By understanding these rates, property owners in Fort Deposit can better navigate their financial responsibilities and potentially save on property taxes.
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 Fort Deposit Tax Rate
0.27%
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 Butler County Tax Rate
0.30%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fort Deposit, Butler County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36032 | 0.16% | 0.21% | 0.27% | 0.30% | 0.36% |
Source: Ownwell
Property Tax Assessment Values Across Fort Deposit, Butler County, Alabama
When examining property taxes in Fort Deposit, 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 Butler 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 Butler 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 Fort Deposit.
For example, the median home price in Fort Deposit is $93,700, with tax bills ranging significantly across the county. Zip code 36032 has the highest median home price at $93,700.
Property Tax Assessment Values Across Fort Deposit, Butler County, Alabama
Source: Ownwell
$65,000
$79,350
$93,700
Median Fort Deposit Market Value
$93,700
Median Butler County Market Value
$82,900
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fort Deposit, Butler County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36032 | $32,250 | $54,675 | $93,700 | $181,875 | $278,300 |
Source: Ownwell
Property Tax Bills Across Fort Deposit, Butler County, Alabama
In Fort Deposit, located in Butler County, Alabama, 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 in the area is $93,700. Homeowners in Fort Deposit can expect a property tax bill that typically falls between $137 at the 25th percentile and $718 at the 90th percentile. The highest and lowest median tax bill in the area is $260, which is significantly lower than the national median property tax bill of $2,400.
Factors influencing these tax bills include local tax rates and the assessed value of the property. Lower tax bills can be beneficial for homeowners, as they reduce the overall cost of homeownership. However, even modest savings can make a difference. Ownwell specializes in appealing property tax assessments and securing exemptions, potentially lowering tax bills further. By leveraging expert knowledge and resources, Ownwell helps homeowners in Fort Deposit navigate the complexities of property tax, maximizing their savings and ensuring fair assessments.
Median Fort Deposit Tax Bill
$260
Median Butler County Tax Bill
$283
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Fort Deposit, Butler County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36032 | $61 | $137 | $260 | $489 | $718 |
Source: Ownwell