Choccolocco, Calhoun County, Alabama Property Taxes
Median Choccolocco, AL effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Choccolocco, AL home value: $162,720
Median annual Choccolocco, AL tax bill: $468, $1,932 lower than the national median property tax bill of $2,400.
How are property taxes in Calhoun County calculated?
Property taxes in Choccolocco, 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 Choccolocco’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Choccolocco, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Choccolocco, Calhoun County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$651
$604
Property Tax Rates Across Choccolocco, Calhoun County, Alabama
Local government entities determine property tax rates, which can significantly differ across regions. Each year, counties like Calhoun in Alabama calculate the necessary budget to fund local services and divide it by the total assessed value of all taxable properties. This process establishes the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this is the core of the annual procedure.
In Choccolocco, the effective property tax rate offers a unique comparison to other cities in Alabama. With a median property tax rate of 0.40%, Alabama's rate is notably lower than the national median of 1.02%. This means that property owners in Choccolocco benefit from a considerably lower tax burden compared to the national average. For homeowners, this translates into significant savings on their property tax bills, especially when compared to the national median property tax bill of $2,400. Understanding these differences can be crucial for property owners looking to manage their expenses effectively. By staying informed about local property tax trends, residents can make more strategic financial decisions.
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 Choccolocco Tax Rate
0.40%
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 Calhoun County Tax Rate
0.44%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Choccolocco, Calhoun County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36254 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Choccolocco, Calhoun County, Alabama
When examining property taxes in Choccolocco, 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 Calhoun 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 Calhoun 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 Choccolocco.
For example, the median home price in Choccolocco is $162,720, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Choccolocco, Calhoun County, Alabama
Source: Ownwell
$40,080
$146,460
$252,840
Median Choccolocco Market Value
$162,720
Median Calhoun County Market Value
$121,640
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Choccolocco, Calhoun County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36254 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Choccolocco, Calhoun County, Alabama
In Choccolocco, located in Calhoun County, Alabama, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The county applies a specific tax rate to this assessed value to determine the annual tax bill. The median home price in Choccolocco is $162,720, and homeowners typically see a tax bill ranging from $378 at the 25th percentile to $1,460 at the 90th percentile. This variability in tax bills is influenced by factors such as property size, location, and any applicable exemptions.
Compared to the national median property tax rate of 1.02%, homeowners in Choccolocco may find their tax obligations more manageable, yet there is always potential for savings. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed. This can lead to significant reductions in tax bills, offering homeowners peace of mind and financial relief.
Median Choccolocco Tax Bill
$468
Median Calhoun County Tax Bill
$571
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Choccolocco, Calhoun County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36254 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell