Hackleburg, Franklin County, Alabama Property Taxes

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

Median Hackleburg, 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 Hackleburg, AL home value: $93,100
Median annual Hackleburg, AL tax bill: $217, $2,183 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

Hackleburg, Franklin County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.32%

Estimate Property Tax Bill

$298

$276

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

Property Tax Rates Across Hackleburg, Franklin County, Alabama

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation arises because each county annually estimates the budget needed to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This process determines the property tax rate. Although setting tax rates and budgets involves votes and legislative measures, this is the basic annual procedure.

In Hackleburg, located in Franklin County, Alabama, the effective property tax rate is notably lower than the national median of 1.02%. This makes Hackleburg an attractive location for property owners seeking lower property tax obligations. Compared to other cities in Alabama, Hackleburg's tax rate is a reflection of the county's budgetary needs and the total assessed property values. Alabama's median property tax rate is also lower than the national average, making it a favorable state for property investment.

By understanding how property tax rates are set and how Hackleburg compares to state and national averages, property owners can make informed decisions about their investments in this region.

Property Tax Rates Across Hackleburg, Franklin County, Alabama

Source: Ownwell

0.32%

0.36%

0.40%

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 Hackleburg Tax Rate

0.32%

Median Effective Franklin County Tax Rate

0.38%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hackleburg, Franklin County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35564	0.16%	0.23%	0.32%	0.34%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Hackleburg, Franklin County, Alabama

When examining property taxes in Hackleburg, 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 Franklin 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 Franklin County, assessment notices are sent in the spring each year, typically reaching your mailbox by the middle of April. 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 Hackleburg.

For example, the median home price in Hackleburg is $93,100, with tax bills ranging significantly across the county. Zip code 35564 has the highest median home price at $93,100.

Property Tax Assessment Values Across Hackleburg, Franklin County, Alabama

Source: Ownwell

$93,100

$194,250

$295,400

Median Hackleburg Market Value

$93,100

Median Franklin County Market Value

$95,300

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hackleburg, Franklin County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35564	$33,050	$67,975	$93,100	$95,175	$124,890

Source: Ownwell

Property Tax Bills Across Hackleburg, Franklin County, Alabama

In Hackleburg, Franklin County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $93,100, property taxes here are significantly lower than the national median property tax bill of $2,400. Homeowners in Hackleburg generally face tax bills ranging from $186 at the 25th percentile to $384 at the 90th percentile, with a median tax bill of $217 in the 35564 zip code. These figures reflect the relatively low property tax rates in the area, which can be a financial relief for homeowners compared to the national scene. However, even with lower taxes, homeowners may still find themselves paying more than necessary if their property is over-assessed. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed, potentially saving them money on their tax bills.

Property Tax Bills Across Hackleburg, Franklin County, Alabama

Source: Ownwell

$217

$665

$1,112

Median Hackleburg Tax Bill

$217

Median Franklin County Tax Bill

$366

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Hackleburg, Franklin County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35564	$122	$186	$217	$314	$384

Source: Ownwell