Goodwater, Clay County, Alabama Property Taxes
Property Taxes in Goodwater, Alabama
Median Goodwater, Alabama effective property tax rate: 0.26%, significantly lower than the national median of 1.02%, and lower than the Alabama state median of 0.47%.
Median Goodwater, Alabama home value: $69,790
Median annual Goodwater, Alabama tax bill: $160, $2,240 lower than the national median property tax bill of $2,400.
How are property taxes in Clay calculated?
Property taxes in Goodwater, 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 Goodwater's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Goodwater, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Goodwater, Clay County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.26%
Estimate Property Tax Bill
$181
$168
How Does the Goodwater Property Tax Calculator Work?
Use this Goodwater property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Goodwater's median effective tax rate of 0.26% — based on actual property records in Clay County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Goodwater's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Goodwater: rates range from 0.26% in 35072 to 0.26% in 35072, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Goodwater.
About Goodwater Property Taxes
About Property Taxes in Goodwater, Clay, Alabama
Goodwater's median effective property tax rate of 0.26% is lower than the Alabama state median of 0.47% and lower than the national median of 1.02%. This rate reflects the Clay County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Goodwater. Homeowners in the 35072 ZIP code carry a median effective rate of 0.26%, while those in the same ZIP code pay 0.26%. This spread reflects how school district boundaries and local assessment districts are drawn across Clay County. Understanding which part of Goodwater you live in can make a meaningful difference to your annual tax bill.
Goodwater homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Goodwater, Clay County, Alabama
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Goodwater's effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S.
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 Goodwater Tax Rate
0.26%
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 Clay County Tax Rate
0.29%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Goodwater, Clay County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35072 | 0.15% | 0.20% | 0.26% | 0.31% | 0.32% |
Source: Ownwell
Property Tax Assessment Values Across Goodwater, Clay County, Alabama
When examining property taxes in Goodwater, 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 Clay 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 Clay County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Goodwater.
For example, the median home price in Goodwater is $69,790, with tax bills ranging significantly across the county. 35072 has the highest median home price at $69,790.
Property Tax Assessment Values Across Goodwater, Clay County, Alabama
Source: Ownwell
$68,690
$77,528
$86,365
Median Goodwater Market Value
$69,790
Median Clay County Market Value
$82,680
Median Alabama Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Goodwater, Clay County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35072 | $21,522 | $37,675 | $69,790 | $117,905 | $187,828 |
Source: Ownwell
Property Tax Bills Across Goodwater, Clay County, Alabama
Property tax bills in Goodwater are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. For a home with a median home price of $69,790, the tax bill can vary widely depending on the specific assessment and local rates.
In this area, the 25th percentile tax bill is $91, while the 75th percentile tax bill is $306 and the 90th percentile tax bill is $471. That spread shows how much property taxes can differ from one homeowner to another, even within the same city. A higher assessed value or a higher local tax rate usually means a larger bill, while lower assessments can keep taxes more manageable. For homeowners, understanding how property taxes are calculated is important because it can affect monthly budgeting and long-term housing costs.
Median Goodwater Tax Bill
$160
Median Clay County Tax Bill
$238
Median Alabama Tax Bill
$813
Median United States Tax Bill
$2,400
Property Tax Bills Across Goodwater, Clay County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35072 | $52 | $91 | $160 | $306 | $471 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Clay Tax Assessor | |
| Website | www.ingproperty.com |