Gaylesville, Cherokee County, Alabama Property Taxes

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

Median Gaylesville, 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 Gaylesville, AL home value: $96,500
Median annual Gaylesville, AL tax bill: $465, $1,935 lower than the national median property tax bill of $2,400.

How are property taxes in Cherokee County calculated?

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

Last Updated March 1, 2025

Gaylesville, 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

$405

$376

Ownwell’s Gaylesville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gaylesville with just two data points. By entering your property's estimated assessed value, our calculator applies Gaylesville’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 Gaylesville, Cherokee County, Alabama

Local government entities are responsible for setting tax rates, which can differ significantly throughout a state. This variation occurs because each county annually estimates the budget necessary to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is the essence of the annual process. In Gaylesville, located in Cherokee County, Alabama, the effective property tax rate stands at 0.42%, which is notably lower than the national median property tax rate of 1.02%. This rate is also consistent across the county, as Gaylesville shares the same rate with other areas within the 35973 zip code. When compared to the national landscape, homeowners in Gaylesville benefit from a more favorable property tax environment, leading to potentially lower annual property tax bills. This advantageous rate can be an attractive aspect for current residents and prospective homeowners considering a move to the area.

Property Tax Rates Across Gaylesville, 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 Gaylesville 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 Gaylesville, Cherokee County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35973	0.29%	0.38%	0.42%	0.84%	0.84%

Source: Ownwell

Property Tax Assessment Values Across Gaylesville, Cherokee County, Alabama

When examining property taxes in Gaylesville, 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 Gaylesville.

For example, the median home price in Gaylesville is $96,500, with tax bills ranging significantly across the county. The 35973 zip code has the highest median home price at $96,500.

Property Tax Assessment Values Across Gaylesville, Cherokee County, Alabama

Source: Ownwell

$71,917

$112,209

$152,500

Median Gaylesville Market Value

$96,500

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 Gaylesville, Cherokee County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35973	$20,240	$41,700	$96,500	$174,700	$258,960

Source: Ownwell

Property Tax Bills Across Gaylesville, Cherokee County, Alabama

In Gaylesville, located in Cherokee County, Alabama, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The assessed value is then multiplied by the local tax rate to calculate the annual tax bill. With a median home price of $96,500, homeowners in Gaylesville experience a range of tax bills. At the 25th percentile, tax bills are around $209, while at the 75th percentile, they rise to approximately $842. The 90th percentile sees tax bills reaching $1,243. Compared to the national median property tax bill of $2,400, Gaylesville's tax bills are relatively low. However, even these modest amounts can impact homeowners, especially those on a fixed income. Ownwell can assist homeowners in reducing their property tax bills by identifying potential discrepancies in assessed values and filing appeals on their behalf. By leveraging their expertise, Ownwell helps ensure property taxes are fair and accurate, potentially saving homeowners significant amounts over time.

Property Tax Bills Across Gaylesville, Cherokee County, Alabama

Source: Ownwell

$302

$533

$764

Median Gaylesville Tax Bill

$465

Median Cherokee County Tax Bill

$617

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Gaylesville, Cherokee County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35973	$96	$209	$465	$842	$1,243

Source: Ownwell