Honoraville, Crenshaw County, Alabama Property Taxes
Median Honoraville, AL effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Honoraville, AL home value: $103,500
Median annual Honoraville, AL tax bill: $335, $2,065 lower than the national median property tax bill of $2,400.
How are property taxes in Crenshaw County calculated?
Property taxes in Honoraville, 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 Honoraville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Honoraville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Honoraville, Crenshaw County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.32%
Estimate Property Tax Bill
$331
$307
Property Tax Rates Across Honoraville, Crenshaw County, Alabama
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to the annual process where each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although there are votes and laws that influence tax rates and budgets, this is the fundamental process that occurs each year.
In Honoraville, located in Crenshaw County, Alabama, the effective property tax rate is notably lower than both the state and national averages. The median property tax rate in Alabama is 0.32%, which is significantly below the national median of 1.02%. This means that property owners in Honoraville benefit from lower tax bills compared to many other areas in the U.S. While the national median property tax bill stands at $2,400, residents of Honoraville often experience a more affordable tax burden. Understanding these differences can help property owners make informed decisions about their investments and financial planning.
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 Honoraville Tax Rate
0.32%
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 Crenshaw County Tax Rate
0.35%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Honoraville, Crenshaw County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36042 | 0.17% | 0.27% | 0.32% | 0.38% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Honoraville, Crenshaw County, Alabama
When examining property taxes in Honoraville, 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 Crenshaw 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 Crenshaw County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Honoraville. For example, the median home price in Honoraville is $103,500, with tax bills ranging significantly across the county. Zip code 36042 has the highest median home price at $103,500.
Property Tax Assessment Values Across Honoraville, Crenshaw County, Alabama
Source: Ownwell
$54,780
$85,910
$117,040
Median Honoraville Market Value
$103,500
Median Crenshaw County Market Value
$88,920
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Honoraville, Crenshaw County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36042 | $34,484 | $64,140 | $103,500 | $165,820 | $249,692 |
Source: Ownwell
Property Tax Bills Across Honoraville, Crenshaw County, Alabama
In Honoraville, located in Crenshaw County, Alabama, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, with local government authorities setting the tax rate. In this area, the property tax burden is relatively low compared to the national median property tax bill of $2,400, with the median tax bill at $335. This makes homeownership more affordable, but it also means that even small errors in assessment can lead to significant overpayments.
Factors influencing the tax bill include the property's assessed value, local tax rate, and any applicable exemptions. Homeowners in Honoraville can benefit from ensuring their property is accurately assessed. This is where Ownwell's expertise comes in. By providing thorough property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay what is fair. This can lead to significant savings, especially for those in the higher percentile of tax bills, which can reach up to $792.
Median Honoraville Tax Bill
$335
Median Crenshaw County Tax Bill
$341
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Honoraville, Crenshaw County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36042 | $102 | $202 | $335 | $548 | $792 |
Source: Ownwell