Tuscumbia, Franklin County, Alabama Property Taxes

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

Median Tuscumbia, AL effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Tuscumbia, AL home value: $295,400
Median annual Tuscumbia, AL tax bill: $1,112, $1,288 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

Tuscumbia, Franklin County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$1,182

$1,096

Ownwell’s Tuscumbia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tuscumbia with just two data points.

By entering your property's estimated assessed value, our calculator applies Tuscumbia’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Franklin 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 Tuscumbia, Franklin County, Alabama

Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.

In Tuscumbia, Franklin County, Alabama, the effective property tax rate is 0.40%, which aligns with the highest and lowest median tax rates in the area, both found in the 35674 zip code. This rate is considerably lower than the national median property tax rate of 1.02%. The median property tax bill in Tuscumbia reflects this lower rate, offering residents an advantage compared to the national median property tax bill of $2,400.

Comparing Tuscumbia’s property tax rate with other cities in Alabama and the national average highlights its affordability. This lower tax burden can be a significant factor for property owners considering appealing their assessed property values or seeking exemptions to further reduce their tax liabilities.

Property Tax Rates Across Tuscumbia, 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 Tuscumbia Tax Rate

0.40%

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 Tuscumbia, Franklin County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35674	0.18%	0.34%	0.40%	0.41%	0.57%

Source: Ownwell

Property Tax Assessment Values Across Tuscumbia, Franklin County, Alabama

When examining property taxes in Tuscumbia, 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.

Assessment notices: In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Tuscumbia. For example, the median home price in Tuscumbia is $295,400, with tax bills ranging significantly across the county. Zip code 35674 has the highest median home price at $295,400.

Property Tax Assessment Values Across Tuscumbia, Franklin County, Alabama

Source: Ownwell

$93,100

$194,250

$295,400

Median Tuscumbia Market Value

$295,400

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 Tuscumbia, Franklin County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35674	$191,170	$244,525	$295,400	$351,375	$366,250

Source: Ownwell

Property Tax Bills Across Tuscumbia, Franklin County, Alabama

In Tuscumbia, located in Franklin County, Alabama, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Tuscumbia can expect a median property tax bill of $1,112, which is significantly lower than the national median of $2,400. Factors such as the property's location, size, and improvements can influence the assessed value and, consequently, the tax bill. For homeowners, a lower tax bill can mean substantial savings, but it also requires vigilance to ensure the property is not over-assessed. Ownwell can assist homeowners by providing expert property tax appeal services. By analyzing assessment data and comparable properties, Ownwell identifies opportunities to lower the assessed value, potentially reducing the tax bill. This service can be particularly beneficial for those in the higher tax brackets, where even a small reduction in the assessed value can lead to significant savings.

Property Tax Bills Across Tuscumbia, Franklin County, Alabama

Source: Ownwell

$217

$665

$1,112

Median Tuscumbia Tax Bill

$1,112

Median Franklin County Tax Bill

$366

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Tuscumbia, Franklin County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35674	$407	$910	$1,112	$1,378	$1,860

Source: Ownwell