Black, Geneva County, Alabama Property Taxes
Median BLACK, AL effective property tax rate: 0.31%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median BLACK, AL home value: $102,800
Median annual BLACK, AL tax bill: $296, $2,104 lower than the national median property tax bill of $2,400.
How are property taxes in Geneva calculated?
Property taxes in BLACK, 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 BLACK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BLACK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Black, Geneva County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.31%
Estimate Property Tax Bill
$319
$296
Property Tax Rates Across Black, Geneva County, Alabama
Local government entities determine tax rates, leading to significant variations within Alabama. Each year, Geneva County calculates its necessary budget for services and divides this by the total assessed value of all taxable properties in its jurisdiction, resulting in the property tax rate. While the process involves votes and laws, this annual calculation is fundamental.
Black's effective property tax rate offers a stark contrast to other cities in Alabama and nationwide standards. With a median property tax rate of 0.31%, Geneva County's rate is substantially lower than the national median property tax rate of 1.02%. This difference can result in significantly lower property tax bills for homeowners in Black compared to the national median property tax bill of $2,400.
Understanding these variations is crucial for homeowners seeking to manage their property tax liabilities effectively. By comparing Black's property tax rate with other areas, homeowners can gain valuable insights into potential savings and strategize their property tax appeals or exemption applications accordingly.
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 Black Tax Rate
0.31%
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 Geneva County Tax Rate
0.35%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Black, Geneva County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36314 | 0.13% | 0.22% | 0.31% | 0.42% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Black, Geneva County, Alabama
When examining property taxes in Black, 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 Geneva 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 Geneva County, assessment notices are sent in the spring each year. They’ll typically reach 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 Black.
For example, the median home price in Black is $102,800, with tax bills ranging significantly across the county. Zip code 36314 has the highest median home price at $102,800.
Property Tax Assessment Values Across Black, Geneva County, Alabama
Source: Ownwell
$55,400
$105,500
$155,600
Median Black Market Value
$102,800
Median Geneva County Market Value
$100,900
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Black, Geneva County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36314 | $33,860 | $54,350 | $102,800 | $175,200 | $281,780 |
Source: Ownwell
Property Tax Bills Across Black, Geneva County, Alabama
In the city of Black, located in Geneva County, Alabama, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in the area is $102,800, and property taxes are applied to this assessed value to determine the annual tax bill. Factors such as property location and improvements can influence this assessed value. Homeowners in Black typically encounter property tax bills ranging from $162 at the 25th percentile to $838 at the 90th percentile. The highest and lowest median tax bill in the area is $296, which is considerably lower than the national median property tax bill of $2,400. This indicates a relatively low property tax burden for homeowners in Black.
Ownwell can assist homeowners in Black by identifying potential savings on their property tax bills. By providing expert property tax appeal and exemption services, Ownwell helps ensure homeowners are not overpaying, potentially leading to significant savings on their annual tax expenses.
Median Black Tax Bill
$296
Median Geneva County Tax Bill
$373
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Black, Geneva County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36314 | $76 | $162 | $296 | $572 | $838 |
Source: Ownwell