Valley, Lee County, Alabama Property Taxes

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

Median Valley, Alabama effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Valley, Alabama home value: $216,120
Median annual Valley, Alabama tax bill: $752, $1,648 lower than the national median property tax bill of $2,400.

How are property taxes in Lee County calculated?

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

Last Updated March 1, 2025

Valley, Lee County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.38%

Estimate Property Tax Bill

$821

$762

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

Property Tax Rates Across Valley, Lee County, Alabama

Local government entities in Alabama set tax rates, which can vary widely within the state. Annually, each county, such as Lee 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 Valley’s effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S. With a median tax rate of 0.38% in Lee County, Valley's property tax rate is significantly lower than the national median property tax rate of 1.02%. This lower rate can lead to substantial savings for homeowners in Valley compared to the national average. Understanding these differences can empower property owners to make informed financial decisions and explore opportunities for appealing their property tax assessments.

Property Tax Rates Across Valley, Lee County, Alabama

Source: Ownwell

0.38%

0.47%

0.57%

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 Valley Tax Rate

0.38%

Median Effective Lee County Tax Rate

0.52%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Valley, Lee County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36854	0.17%	0.28%	0.38%	0.41%	0.82%

Source: Ownwell

Property Tax Assessment Values Across Valley, Lee County, Alabama

When examining property taxes in Valley, 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 Lee 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 Lee 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 Valley. For example, the median home price in Valley is $216,120, with tax bills ranging significantly across the county. 36854 has the highest median home price at $216,120.

Property Tax Assessment Values Across Valley, Lee County, Alabama

Source: Ownwell

$121,550

$287,515

$453,480

Median Valley Market Value

$216,120

Median Lee County Market Value

$237,000

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Valley, Lee County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36854	$63,440	$134,700	$216,120	$308,420	$438,208

Source: Ownwell

Property Tax Bills Across Valley, Lee County, Alabama

In Valley, Lee County, AL, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value, and the local tax rate is applied to this assessed value to determine the tax bill. For example, the median home price in Valley is $216,120, and homeowners can expect a tax bill that varies significantly across different percentiles. The 25th percentile tax bill is $392, while the 75th percentile is $1,169, and the 90th percentile reaches $1,843. These figures highlight how property taxes can vary widely, affecting homeowners' financial planning. With a median tax bill of $752, Valley's property taxes are notably lower than the national median of $2,400. Ownwell offers valuable services to homeowners in Valley by providing property tax appeal and exemption services. By analyzing individual property assessments and identifying potential discrepancies, Ownwell helps homeowners lower their tax burdens, ensuring they only pay their fair share.

Property Tax Bills Across Valley, Lee County, Alabama

Source: Ownwell

$526

$1,269

$2,011

Median Valley Tax Bill

$752

Median Lee County Tax Bill

$1,329

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Valley, Lee County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36854	$182	$392	$752	$1,169	$1,843

Source: Ownwell