Kennedy, Lamar County, Alabama Property Taxes
Property Taxes in Kennedy, Alabama
Median Kennedy, Alabama effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, and lower than the Alabama state median of 0.47%.
Median Kennedy, Alabama home value: $80,500
Median annual Kennedy, Alabama tax bill: $248, $2,152 lower than the national median property tax bill of $2,400.
How are property taxes in Lamar calculated?
Property taxes in Kennedy, Alabama 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 Kennedy's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kennedy, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Kennedy, Lamar County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.28%
Estimate Property Tax Bill
$225
$209
How Does the Kennedy Property Tax Calculator Work?
Use this Kennedy property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Kennedy's median effective tax rate of 0.28% — based on actual property records in Lamar County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Kennedy's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Kennedy: rates range from 0.28% in 35574 to 0.28% in 35574, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Kennedy.
About Kennedy Property Taxes
About Property Taxes in Kennedy, Lamar, Alabama
Kennedy's median effective property tax rate of 0.28% is lower than the Alabama state median of 0.47% and lower than the national median of 1.02%. This rate reflects the Lamar County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Kennedy. Homeowners in the 35574 ZIP code carry a median effective rate of 0.28%, while those in the same ZIP also pay 0.28%. This spread reflects how school district boundaries and local assessment districts are drawn across Lamar County. Understanding which part of Kennedy you live in can make a meaningful difference to your annual tax bill.
Kennedy homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before May 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Kennedy, Lamar County, Alabama
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services 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, in a nutshell, this is the annual process.
Below, you can compare Kennedy's effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S.
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 Kennedy Tax Rate
0.28%
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 Lamar County Tax Rate
0.28%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kennedy, Lamar County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | 0.14% | 0.22% | 0.28% | 0.39% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Kennedy, Lamar County, Alabama
When examining property taxes in Kennedy, 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 Lamar 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 Lamar County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Kennedy.
For example, the median home price in Kennedy is $80,500, with tax bills ranging significantly across the county. 35574 has the highest median home price at $80,500.
Property Tax Assessment Values Across Kennedy, Lamar County, Alabama
Source: Ownwell
$74,570
$86,285
$98,000
Median Kennedy Market Value
$80,500
Median Lamar County Market Value
$86,200
Median Alabama Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kennedy, Lamar County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | $26,348 | $45,120 | $80,500 | $150,190 | $237,168 |
Source: Ownwell
Property Tax Bills Across Kennedy, Lamar County, Alabama
Property tax bills in Kennedy are calculated from the assessed value of a home and the local tax rate set by taxing authorities. For a home with a median price of $80,500, the bill reflects how much of that value is taxable after exemptions or other adjustments are applied. Local budgets, school funding, and county services all play a role in determining the final amount homeowners owe.
In Kennedy, property tax bills can vary widely from one home to another. The 25th percentile tax bill is $108, while the 75th percentile is $478 and the 90th percentile is $772. That means homeowners with higher assessed values or fewer exemptions may pay much more than neighbors with similar market values. The median tax bill is $248 in ZIP code 35574, which is also the highest and lowest median tax bill reported for the area.
For homeowners, this affects monthly budgeting and long-term housing costs, especially when assessed values rise faster than income.
Median Kennedy Tax Bill
$248
Median Lamar County Tax Bill
$257
Median Alabama Tax Bill
$813
Median United States Tax Bill
$2,400
Property Tax Bills Across Kennedy, Lamar County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | $51 | $108 | $248 | $478 | $772 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Lamar Tax Assessor | |
| Website | www.alabamagis.com |