Red Level, Covington County, Alabama Property Taxes
Median RED LEVEL, AL effective property tax rate: 0.25%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median RED LEVEL, AL home value: $108,650
Median annual RED LEVEL, AL tax bill: $306, $2,094 lower than the national median property tax bill of $2,400.
How are property taxes in Covington calculated?
Property taxes in RED LEVEL, 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 RED LEVEL’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in RED LEVEL, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Red Level, Covington County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.25%
Estimate Property Tax Bill
$272
$252
Property Tax Rates Across Red Level, Covington County, Alabama
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties determine their budgetary needs for public services and divide this by the total value of all taxable properties within the area, resulting in the property tax rate. While votes and legislation play roles in establishing these rates and budgets, this annual calculation forms the core of the process.
In Red Level, located in Covington County, the effective property tax rate is notably lower than both the state and national averages. With a median property tax rate of 0.25%, Red Level residents enjoy one of the most favorable tax environments in Alabama. This rate is significantly below the national median property tax rate of 1.02%, offering substantial savings to homeowners compared to the average American property owner. For residents of Red Level, this means a lighter financial burden and potentially more disposable income for other expenses. Comparing Red Level’s property tax rate to other cities in Alabama and across the U.S., it becomes evident that this small community provides a uniquely advantageous tax situation for its residents.
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 Red Level Tax Rate
0.25%
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 Covington County Tax Rate
0.34%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Red Level, Covington County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36474 | 0.15% | 0.20% | 0.25% | 0.54% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Red Level, Covington County, Alabama
When examining property taxes in Red Level, 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 Covington 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 Covington County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Red Level.
For example, the median home price in Red Level is $108,650, with tax bills ranging significantly across the county. The 36474 zip code has the highest median home price at $108,650.
Property Tax Assessment Values Across Red Level, Covington County, Alabama
Source: Ownwell
$51,890
$149,485
$247,080
Median Red Level Market Value
$108,650
Median Covington County Market Value
$114,020
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Red Level, Covington County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36474 | $39,372 | $64,065 | $108,650 | $182,715 | $267,940 |
Source: Ownwell
Property Tax Bills Across Red Level, Covington County, Alabama
In Red Level, located in Covington County, Alabama, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The property tax rate in this region is relatively low compared to the national median property tax rate of 1.02%. Homeowners in Red Level can expect a median property tax bill of $306, significantly lower than the national median of $2,400. Factors that influence the tax bill include the assessed value of the property and applicable exemptions. Property taxes can impact homeowners by affecting their annual expenses and potentially influencing their decision to buy or sell a property.
Ownwell assists homeowners in Red Level by offering property tax appeal and exemption services. By analyzing property assessments and ensuring accurate valuations, Ownwell helps homeowners potentially reduce their tax bills. This can lead to significant savings, providing financial relief and contributing to more manageable homeownership costs. With expert guidance, homeowners can navigate the complexities of property taxes with confidence and ease.
Median Red Level Tax Bill
$306
Median Covington County Tax Bill
$408
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Red Level, Covington County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36474 | $97 | $175 | $306 | $485 | $718 |
Source: Ownwell