Sweet Water, Marengo County, Alabama Property Taxes
Median Sweet Water, AL effective property tax rate: 0.35%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Sweet Water, AL home value: $75,760
Median annual Sweet Water, AL tax bill: $251, $2,149 lower than the national median property tax bill of $2,400.
How are property taxes in Marengo County calculated?
Property taxes in Sweet Water, 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 Sweet Water’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sweet Water, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sweet Water, Marengo County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.35%
Estimate Property Tax Bill
$265
$246
Property Tax Rates Across Sweet Water, Marengo County, Alabama
Local government entities in Sweet Water, located in Marengo County, AL, set tax rates that can differ significantly within the state. This variation is due to each county's annual estimation of the budget required to provide essential services. The county then divides this budget by the total value of all taxable properties within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this annual process is the core of property tax assessment.
Sweet Water's effective property tax rate provides an interesting point of comparison with other cities in Alabama, as well as with the median property tax rates in both Alabama and the U.S. While Alabama's state median property tax rate is considerably lower than the national median of 1.02%, Sweet Water's rate is even more favorable for property owners. This makes Sweet Water an attractive location for those seeking lower property tax obligations. Such favorable tax conditions can significantly impact homeownership affordability and overall cost of living, making Sweet Water a compelling choice for property investment.
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 Sweet Water Tax Rate
0.35%
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 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 Sweet Water, Marengo County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36782 | 0.19% | 0.26% | 0.35% | 0.36% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Sweet Water, Marengo County, Alabama
When examining property taxes in Sweet Water, AL, 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 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 Sweet Water.
For example, the median home price in Sweet Water is $75,760, with tax bills ranging significantly across the county. 36782 has the highest median home price at $75,760.
Property Tax Assessment Values Across Sweet Water, Marengo County, Alabama
Source: Ownwell
$49,800
$88,410
$127,020
Median Sweet Water Market Value
$75,760
Median Marengo County Market Value
$83,940
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sweet Water, Marengo County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36782 | $20,160 | $37,300 | $75,760 | $143,660 | $223,220 |
Source: Ownwell
Property Tax Bills Across Sweet Water, Marengo County, Alabama
In Sweet Water, located in Marengo County, Alabama, property tax bills are calculated based on the assessed value of a property, which is a percentage of the market value. With a median home price of $75,760, homeowners in this area face property tax bills that can vary significantly. The 25th percentile tax bill stands at $117, while the 75th percentile reaches $468, and the 90th percentile goes up to $742. Compared to the national median property tax bill of $2,400, Sweet Water offers a lower tax burden, providing some financial relief to homeowners. However, these taxes can still impact household budgets, particularly for those on fixed incomes or with limited resources.
Ownwell can assist homeowners in Sweet Water by identifying potential savings on property tax bills through appeal and exemption services. By reviewing property assessments and ensuring they are accurate, Ownwell helps homeowners avoid overpaying. This service not only reduces the financial strain of property taxes but also ensures that homeowners are only paying their fair share, maximizing their savings.
Median Sweet Water Tax Bill
$251
Median Marengo County Tax Bill
$351
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Sweet Water, Marengo County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36782 | $50 | $117 | $251 | $468 | $742 |
Source: Ownwell