Silas, Choctaw County, Alabama Property Taxes

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

Median Silas, AL effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Silas, AL home value: $40,610
Median annual Silas, AL tax bill: $97, $2,303 lower than the national median property tax bill of $2,400.

How are property taxes in Choctaw calculated?

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

Last Updated March 1, 2025

Silas, Choctaw County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.28%

Estimate Property Tax Bill

$114

$106

Ownwell’s Silas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Silas with just two data points. By entering your property's estimated assessed value, our calculator applies Silas’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 Choctaw County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Silas, Choctaw County, Alabama

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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. Below, you can compare Silas’s effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S. The median property tax rate in Choctaw County, where Silas is located, is significantly lower than the national median property tax rate. This means residents in Silas benefit from lower property tax bills compared to many other parts of the country. For homeowners in Silas, this can result in substantial savings, making it an attractive location for property investment. Understanding these differences can help homeowners make informed decisions about property investments and tax liabilities.

Property Tax Rates Across Silas, Choctaw County, Alabama

Source: Ownwell

0.25%

0.28%

0.31%

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 Silas Tax Rate

0.28%

Median Effective Choctaw County Tax Rate

0.29%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Silas, Choctaw County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36919	0.14%	0.19%	0.28%	0.32%	0.32%

Source: Ownwell

Property Tax Assessment Values Across Silas, Choctaw County, Alabama

When examining property taxes in Silas, 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 Choctaw 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 Choctaw 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 Silas. For example, the median home price in Silas is $40,610, with tax bills ranging significantly across the county. Zip code 36919 has the highest median home price at $40,610.

Property Tax Assessment Values Across Silas, Choctaw County, Alabama

Source: Ownwell

$32,110

$57,455

$82,800

Median Silas Market Value

$40,610

Median Choctaw County Market Value

$48,430

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Silas, Choctaw County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36919	$11,788	$21,510	$40,610	$82,335	$141,296

Source: Ownwell

Property Tax Bills Across Silas, Choctaw County, Alabama

In Silas, located in Choctaw County, Alabama, property tax bills are calculated based on the assessed value of a home, which is a fraction of its market value. Homeowners in Silas can expect a property tax bill that varies significantly, with the 25th percentile at $49 and the 75th percentile at $227. For those at the 90th percentile, the bill reaches $392, which is significantly lower than the national median property tax bill of $2,400. Several factors influence the tax bill, including local tax rates and the assessed value of the property. These elements can result in substantial variations in tax obligations for homeowners.

Ownwell offers a solution for homeowners aiming to reduce their property tax bills. By providing expert property tax appeal services, Ownwell helps ensure that homeowners are not overpaying due to incorrect assessments. This process can lead to significant savings, allowing homeowners to allocate their resources more effectively. With Ownwell's assistance, homeowners in Silas can navigate the complexities of property tax assessments and secure a fair tax bill.

Property Tax Bills Across Silas, Choctaw County, Alabama

Source: Ownwell

$80

$136

$192

Median Silas Tax Bill

$97

Median Choctaw County Tax Bill

$120

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Silas, Choctaw County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36919	$27	$49	$97	$227	$392

Source: Ownwell