Winfield, Fayette County, Alabama Property Taxes
Median Winfield, AL effective property tax rate: 0.30%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Winfield, AL home value: $115,550
Median annual Winfield, AL tax bill: $371, $2,029 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Winfield, 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 Winfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Winfield, Fayette County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.3%
Estimate Property Tax Bill
$347
$322
Property Tax Rates Across Winfield, Fayette County, Alabama
Local government entities are responsible for setting tax rates, which can differ significantly across different areas within a state. This variation occurs because each county annually calculates its necessary budget to fund local services and then divides this by the total assessed value of all taxable properties within its borders, resulting in the property tax rate. Although the process involves votes and legislative measures to finalize tax rates and budgets, this is the core of how property tax rates are determined each year.
In Winfield, located in Fayette County, Alabama, the effective property tax rate is notably lower than the national median of 1.02%. This difference can be attributed to various factors, including local budgetary needs and the total assessed property value within the county. When comparing Winfield's tax rate to other cities in Alabama and the national median, it's clear that property owners in Winfield benefit from a relatively low tax rate. This can make the area more attractive for homeowners seeking lower property tax burdens.
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 Winfield Tax Rate
0.30%
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 Fayette County Tax Rate
0.31%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Winfield, Fayette County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35594 | 0.21% | 0.26% | 0.30% | 0.50% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Winfield, Fayette County, Alabama
When examining property taxes in Winfield, 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 Fayette 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 Fayette 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 Winfield. For example, the median home price in Winfield is $115,550, with tax bills ranging significantly across the county. Zip code 35594 has the highest median home price at $115,550.
Property Tax Assessment Values Across Winfield, Fayette County, Alabama
Source: Ownwell
$76,000
$95,775
$115,550
Median Winfield Market Value
$115,550
Median Fayette County Market Value
$94,200
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Winfield, Fayette County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35594 | $21,930 | $51,950 | $115,550 | $194,000 | $270,700 |
Source: Ownwell
Property Tax Bills Across Winfield, Fayette County, Alabama
Median Winfield Tax Bill
$371
Median Fayette County Tax Bill
$330
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Winfield, Fayette County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35594 | $52 | $151 | $371 | $638 | $921 |
Source: Ownwell