Lanett, Chambers County, Alabama Property Taxes
Median Lanett, Alabama effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but higher than the Alabama state median of 0.47%.
Median Lanett, Alabama home value: $80,490
Median annual Lanett, Alabama tax bill: $470, $1,930 lower than the national median property tax bill of $2,400.
How are property taxes in Chambers County calculated?
Property taxes in Lanett, Alabama 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 Lanett’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lanett, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lanett, Chambers County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$419
$388
Property Tax Rates Across Lanett, Chambers County, Alabama
Local government entities determine property tax rates, which can differ significantly within a state. This variation is primarily due to each county's annual budget estimation process. Counties calculate their required budget to maintain services and divide this by the total assessed value of all taxable property in their jurisdiction, resulting in the property tax rate. While voting and legal frameworks play a role in setting these rates and budgets, this is the fundamental annual procedure.
In Lanett, located in Chambers County, the effective property tax rate is 0.52%, which is significantly lower than the national median property tax rate of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates are the same. For homeowners in Lanett, this lower tax rate translates to more manageable property tax bills compared to the national median bill of $2400. Comparing Lanett’s effective property tax rate to other cities in Alabama and the national average, residents can appreciate the relative affordability of property ownership in this region.
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 Lanett Tax Rate
0.52%
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 Chambers County Tax Rate
0.43%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lanett, Chambers County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36863 | 0.32% | 0.38% | 0.52% | 1.05% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Lanett, Chambers County, Alabama
When examining property taxes in Lanett, 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 Chambers 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 Chambers 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 Lanett. For example, the median home price in Lanett is $80,490, with tax bills ranging significantly across the county. Zip code 36863 has the highest median home price at $80,490.
Property Tax Assessment Values Across Lanett, Chambers County, Alabama
Source: Ownwell
$71,985
$104,848
$137,710
Median Lanett Market Value
$80,490
Median Chambers County Market Value
$84,510
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lanett, Chambers County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36863 | $25,571 | $45,532 | $80,490 | $138,272 | $222,923 |
Source: Ownwell
Property Tax Bills Across Lanett, Chambers County, Alabama
Median Lanett Tax Bill
$470
Median Chambers County Tax Bill
$448
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Lanett, Chambers County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36863 | $111 | $264 | $470 | $775 | $1,207 |
Source: Ownwell