Oxford, Calhoun County, Alabama Property Taxes
Median Oxford, AL effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but matching the Alabama state median of 0.47%.
Median Oxford, AL home value: $137,120
Median annual Oxford, AL tax bill: $718, $1,682 lower than the national median property tax bill of $2,400.
How are property taxes in Calhoun County calculated?
Property taxes in Oxford, 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 Oxford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oxford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oxford, Calhoun County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$644
$598
Property Tax Rates Across Oxford, Calhoun County, Alabama
Local government entities are responsible for setting tax rates, and these can vary significantly within Alabama. This is because each county calculates its annual budget needs and divides this by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation, this is essentially how it works each year.
In Oxford, located in Calhoun County, the effective property tax rate reflects this process. Compared to other cities in Alabama and the national median, Oxford's rate offers a unique perspective on local taxation. With a median property tax rate of 0.47%, Oxford stands out when compared to the national median of 1.02%. This difference highlights the variability in property tax rates across different regions. Understanding these rates is crucial for property owners, as it impacts their annual tax bills. By consulting with property tax experts, residents can ensure they are not overpaying and can explore potential exemptions.
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 Oxford Tax Rate
0.47%
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 Oxford, Calhoun County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36203 | 0.39% | 0.44% | 0.47% | 0.89% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Oxford, Calhoun County, Alabama
When examining property taxes in Oxford, 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.
Assessment notices:
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 Oxford.
For example, the median home price in Oxford is $137,120, with tax bills ranging significantly across the county. Zip code 36203 has the highest median home price at $137,120.
Property Tax Assessment Values Across Oxford, Calhoun County, Alabama
Source: Ownwell
$40,080
$146,460
$252,840
Median Oxford Market Value
$137,120
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 Oxford, Calhoun County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36203 | $56,644 | $96,820 | $137,120 | $192,560 | $273,324 |
Source: Ownwell
Property Tax Bills Across Oxford, Calhoun County, Alabama
In Oxford, Calhoun County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as the property's location, improvements, and exemptions can influence the assessed value. Homeowners in Oxford face a median property tax bill of $718, which is significantly lower than the national median of $2,400. However, for many, even this lower tax bill can be a financial burden.
Ownwell offers homeowners in Oxford a way to potentially reduce their property tax bills through expert property tax appeal services. By analyzing the assessed value and comparing it with market trends, Ownwell identifies opportunities to challenge over-assessments. This can result in substantial savings for homeowners, making their property tax obligations more manageable. With Ownwell's expertise, residents can ensure they are not overpaying and can benefit from any applicable exemptions or reductions.
Median Oxford Tax Bill
$718
Median Calhoun County Tax Bill
$571
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Oxford, Calhoun County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36203 | $317 | $495 | $718 | $1,055 | $1,446 |
Source: Ownwell