Myrtlewood, Marengo County, Alabama Property Taxes
Property Taxes in Myrtlewood, Alabama
Median Myrtlewood, Alabama effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, and lower than the Alabama state median of 0.47%.
Median Myrtlewood, Alabama home value: $65,740
Median annual Myrtlewood, Alabama tax bill: $322, $2,078 lower than the national median property tax bill of $2,400.
How are property taxes in Marengo calculated?
Property taxes in Myrtlewood, 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 Myrtlewood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Myrtlewood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Myrtlewood, Marengo County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$309
$287
How Does the Myrtlewood Property Tax Calculator Work?
Use this Myrtlewood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Myrtlewood's median effective tax rate of 0.47% — based on actual property records in Marengo 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 Myrtlewood'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 Myrtlewood: rates range from 0.47% in 36763 to 0.47% in 36763, 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 Myrtlewood.
About Myrtlewood Property Taxes
About Property Taxes in Myrtlewood, Marengo, Alabama
Myrtlewood’s median effective property tax rate of 0.47% is lower than the Alabama state median of 0.47% and lower than the national median of 1.02%. This rate reflects the Marengo 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 Myrtlewood. Homeowners in the 36763 ZIP code carry a median effective rate of 0.47%, while those in the same ZIP code pay 0.47%. This spread reflects how school district boundaries and local assessment districts are drawn across Marengo County. Understanding which part of Myrtlewood you live in can make a meaningful difference to your annual tax bill.
Myrtlewood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 1, 2026 deadline each year.
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 Myrtlewood, Marengo 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 Myrtlewood'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 Ă· 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 Myrtlewood Tax Rate
0.47%
Our median effective property tax rate (tax bill Ă· 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 Marengo County Tax Rate
0.40%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Myrtlewood, Marengo County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36763 | 0.36% | 0.38% | 0.47% | 0.47% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Myrtlewood, Marengo County, Alabama
When examining property taxes in Myrtlewood, 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 Marengo 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 Marengo County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. For Myrtlewood homeowners, the median home price is $65,740, and the median tax bill is $322, far below the national median property tax bill of $2,400 and national median property tax rate of 1.02%. The highest median home price appears in 36763 at $65,740.
Property Tax Assessment Values Across Myrtlewood, Marengo County, Alabama
Source: Ownwell
$54,600
$93,530
$132,460
Median Myrtlewood Market Value
$65,740
Median Marengo County Market Value
$86,720
Median Alabama Market Value
$169,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Myrtlewood, Marengo County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36763 | $29,916 | $41,500 | $65,740 | $106,160 | $136,652 |
Source: Ownwell
Property Tax Bills Across Myrtlewood, Marengo County, Alabama
Property tax bills in Myrtlewood are calculated from the assessed value of a home and the local tax rate set for Marengo County. When a property’s market value changes, the assessed value can change too, which can affect the final bill homeowners receive. Local taxing authorities use that assessed value to determine how much tax is owed, so two homes with different market values may not face the same bill.
For homeowners in Myrtlewood, the size of the bill depends on both the property’s value and the tax rate applied to it. The median home price is $65,740, and the median property tax bill is $322, which is far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can vary, with the 25th percentile at $216 and the 75th percentile at $494. The 90th percentile reaches $636, showing how higher-valued homes can lead to larger tax bills.
Median Myrtlewood Tax Bill
$322
Median Marengo County Tax Bill
$358
Median Alabama Tax Bill
$813
Median United States Tax Bill
$2,400
Property Tax Bills Across Myrtlewood, Marengo County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36763 | $155 | $216 | $322 | $494 | $636 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Marengo Tax Assessor | |
| Website | www.altags.com |