Lauderdale County Property Taxes
The median property tax rate in Lauderdale County is 0.46%, which is slightly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With the median home value in Lauderdale County being $145,000, the typical annual property tax bill is $686, significantly below the national median of $2,690. Property taxes in Lauderdale County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Lauderdale County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Florence or another part of Lauderdale County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lauderdale County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s Lauderdale County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lauderdale County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lauderdale County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lauderdale County, Alabama
Property taxes in Lauderdale County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lauderdale County is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Lauderdale County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lauderdale County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. Analyzing how Lauderdale County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lauderdale County Tax Rate
0.46%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lauderdale County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anderson | N/A | N/A | N/A | N/A | N/A |
| Athens | 0.36% | 0.37% | 0.38% | 0.39% | 0.40% |
| Cloverdale | 0.17% | 0.31% | 0.35% | 0.39% | 0.42% |
| Florence | N/A | N/A | N/A | N/A | N/A |
| Killen | N/A | N/A | N/A | N/A | N/A |
| Lexington | N/A | N/A | N/A | N/A | N/A |
| Rogersville | N/A | N/A | N/A | N/A | N/A |
| Waterloo | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lauderdale County, Alabama
In Lauderdale County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lauderdale County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Lauderdale County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, homeowners in Cloverdale face the highest median tax bill at $687, while those in Athens enjoy the lowest at $500. Being aware of these valuation processes in Lauderdale County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Lauderdale County, Alabama
Source: Ownwell
$75,700
$180,925
$286,150
Average Lauderdale County Assessed Value
$145,000
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lauderdale County, Alabama
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anderson | N/A | N/A | N/A | N/A | N/A |
| Athens | $117,720 | $122,700 | $131,000 | $139,300 | $144,280 |
| Cloverdale | $129,570 | $160,575 | $215,550 | $294,250 | $352,480 |
| Florence | N/A | N/A | N/A | N/A | N/A |
| Killen | N/A | N/A | N/A | N/A | N/A |
| Lexington | N/A | N/A | N/A | N/A | N/A |
| Rogersville | N/A | N/A | N/A | N/A | N/A |
| Waterloo | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lauderdale County, Alabama
In Lauderdale County, AL, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The county applies a specific assessment ratio to the market value to determine the assessed value. Once the assessed value is established, it is multiplied by the local property tax rate to calculate the annual tax bill. Several factors influence the final tax bill, including the market value of the property, local tax rates, and any applicable exemptions. For instance, the median home price in Lauderdale County is $145,000. Homeowners in the 25th percentile of tax bills pay around $317 annually, while those in the 75th percentile pay about $1,160. The 90th percentile sees tax bills as high as $1,810. Comparatively, Cloverdale has the highest median tax bill at $687, whereas Athens has the lowest at $500. These variations significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Lauderdale County Tax Bill
$686
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Lauderdale County, Alabama
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anderson | N/A | N/A | N/A | N/A | N/A |
| Athens | $430 | $456 | $500 | $545 | $571 |
| Cloverdale | $233 | $449 | $687 | $954 | $1,209 |
| Florence | N/A | N/A | N/A | N/A | N/A |
| Killen | N/A | N/A | N/A | N/A | N/A |
| Lexington | N/A | N/A | N/A | N/A | N/A |
| Rogersville | N/A | N/A | N/A | N/A | N/A |
| Waterloo | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell