Fort Payne, Cherokee County, Alabama Property Taxes

Name: Property Tax Bills Across Fort Payne, Cherokee County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fort Payne, AL effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Fort Payne, AL home value: $103,600
Median annual Fort Payne, AL tax bill: $491, $1,909 lower than the national median property tax bill of $2,400.

How are property taxes in Cherokee calculated?

Property taxes in Fort Payne, 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 Payne’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fort Payne, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fort Payne, Cherokee County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.42%

Estimate Property Tax Bill

$435

$404

Ownwell’s Fort Payne Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fort Payne with just two data points. By entering your property's estimated assessed value, our calculator applies Fort Payne’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cherokee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fort Payne, Cherokee County, Alabama

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Fort Payne, located in DeKalb County, Alabama, the property tax landscape is quite different from other parts of the country. The effective property tax rate in Fort Payne is significantly lower than the national median property tax rate of 1.02%. This low rate can be attributed to Alabama's overall approach to property taxation, which tends to be more conservative compared to other states. When comparing Fort Payne’s effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S., it's clear that Fort Payne offers a more affordable property tax situation for homeowners.

Property Tax Rates Across Fort Payne, Cherokee County, Alabama

Source: Ownwell

0.40%

0.42%

0.44%

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 Payne Tax Rate

0.42%

Median Effective Cherokee County Tax Rate

0.42%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fort Payne, Cherokee County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35967	0.28%	0.35%	0.42%	0.84%	0.84%

Source: Ownwell

Property Tax Assessment Values Across Fort Payne, Cherokee County, Alabama

When examining property taxes in Fort Payne, 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 Cherokee 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 Cherokee 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 Payne. For example, the median home price in Fort Payne is $103,600, with tax bills ranging significantly across the county. Zip code 35967 has the highest median home price at $103,600.

Property Tax Assessment Values Across Fort Payne, Cherokee County, Alabama

Source: Ownwell

$71,917

$112,209

$152,500

Median Fort Payne Market Value

$103,600

Median Cherokee County Market Value

$121,000

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fort Payne, Cherokee County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35967	$17,440	$37,952	$103,600	$180,800	$344,740

Source: Ownwell

Property Tax Bills Across Fort Payne, Cherokee County, Alabama

In Fort Payne, located in Cherokee County, AL, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $103,600, local homeowners face a median tax bill of $491, which is significantly lower than the national median of $2,400. However, tax bills can vary, with the 25th percentile at $242 and the 90th percentile reaching $1,448. These fluctuations can impact homeowners' finances, making it crucial to ensure accurate assessments. Ownwell can assist by reviewing property assessments for errors and helping homeowners file appeals if necessary. By leveraging expert knowledge and experience, Ownwell can potentially lower property tax bills, offering homeowners in Fort Payne a chance to save money and ensure they are not overpaying on their property taxes.

Property Tax Bills Across Fort Payne, Cherokee County, Alabama

Source: Ownwell

$302

$533

$764

Median Fort Payne Tax Bill

$491

Median Cherokee County Tax Bill

$617

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Fort Payne, Cherokee County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35967	$99	$242	$491	$855	$1,448

Source: Ownwell