Alexander City, Elmore County, Alabama Property Taxes

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

Median Alexander City, AL effective property tax rate: 0.24%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%. Median Alexander City, AL home value: $996,535. Median annual Alexander City, AL tax bill: $2,592, $192 higher than the national median property tax bill of $2,400.

How are property taxes in Elmore County calculated?

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

Last Updated March 1, 2025

Alexander City, Elmore County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.24%

Estimate Property Tax Bill

$2,392

$2,219

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

Property Tax Rates Across Alexander City, Elmore County, Alabama

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually 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, this is the annual process in a nutshell. In Alexander City, located in Elmore County, Alabama, the effective property tax rate is significantly lower than both the state and national medians. Alabama's median property tax rate is among the lowest in the nation, making it an attractive option for property owners seeking lower tax burdens. When compared to the national median property tax rate of 1.02% and the median property tax bill of $2,400, Alexander City's rates offer substantial savings. This lower tax rate can be especially appealing to homeowners and investors looking to maximize their property investment returns. By understanding these local nuances, property owners in Alexander City can make informed decisions about their real estate investments and potential tax savings.

Property Tax Rates Across Alexander City, Elmore County, Alabama

Source: Ownwell

0.24%

0.33%

0.42%

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 Alexander City Tax Rate

0.24%

Median Effective Elmore County Tax Rate

0.32%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Alexander City, Elmore County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35010	0.18%	0.19%	0.24%	0.35%	0.47%

Source: Ownwell

Property Tax Assessment Values Across Alexander City, Elmore County, Alabama

When examining property taxes in Alexander City, 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 Elmore 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 Elmore 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 Alexander City. For example, the median home price in Alexander City is $996,535, with tax bills ranging significantly across the county. 35010 has the highest median home price at $996,535.

Property Tax Assessment Values Across Alexander City, Elmore County, Alabama

Source: Ownwell

$89,060

$542,798

$996,535

Median Alexander City Market Value

$996,535

Median Elmore County Market Value

$185,990

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Alexander City, Elmore County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35010	$564,794	$691,178	$996,535	$1,486,898	$1,965,770

Source: Ownwell

Property Tax Bills Across Alexander City, Elmore County, Alabama

In Alexander City, located in Elmore County, AL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in the area is $996,535, and the property tax bill varies significantly across different percentiles. For example, homeowners at the 25th percentile pay around $1,733, while those at the 75th percentile face a tax bill of approximately $3,880. The 90th percentile tax bill can reach up to $5,753. The highest and lowest median tax bills in the area both stand at $2,592, which is slightly above the national median property tax bill of $2,400. These taxes fund essential services such as schools, infrastructure, and public safety, directly affecting homeowners' financial planning. Homeowners in Alexander City can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging local market data and their understanding of tax regulations, Ownwell helps homeowners potentially reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Alexander City, Elmore County, Alabama

Source: Ownwell

$553

$1,573

$2,592

Median Alexander City Tax Bill

$2,592

Median Elmore County Tax Bill

$602

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Alexander City, Elmore County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35010	$1,329	$1,733	$2,592	$3,880	$5,753

Source: Ownwell