Eldridge, Marion County, Alabama Property Taxes

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

Median Eldridge, AL effective property tax rate: 0.24%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Eldridge, AL home value: $96,540
Median annual Eldridge, AL tax bill: $287, $2,113 lower than the national median property tax bill of $2,400.

How are property taxes in Marion calculated?

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

Last Updated March 1, 2025

Eldridge, Marion County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.24%

Estimate Property Tax Bill

$232

$215

Ownwell’s Eldridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eldridge with just two data points.

By entering your property's estimated assessed value, our calculator applies Eldridge’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 Marion.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Eldridge, Marion County, Alabama

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budget for services and divide this by the total assessed value of all taxable property in their area. This process establishes the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual procedure.

In Eldridge, located in Walker County, the effective property tax rate stands at 0.24%, which is considerably lower than both the Alabama state median property tax rate of 0.33% and the national median of 1.02%. This means residents in Eldridge benefit from one of the lowest property tax rates in the state and the nation. With the national median property tax bill at $2,400, homeowners in Eldridge enjoy significant savings compared to many other regions. Such favorable tax conditions make Eldridge an attractive location for property owners seeking to minimize their tax burden while enjoying the services provided by local governments.

Property Tax Rates Across Eldridge, Marion County, Alabama

Source: Ownwell

0.24%

0.29%

0.34%

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 Eldridge Tax Rate

0.24%

Median Effective Marion County Tax Rate

0.32%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Eldridge, Marion County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35554	0.17%	0.21%	0.24%	0.31%	0.47%

Source: Ownwell

Property Tax Assessment Values Across Eldridge, Marion County, Alabama

When examining property taxes in Eldridge, 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 Marion 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.

In Marion 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 Eldridge. For example, the median home price in Eldridge is $96,540, with tax bills ranging significantly across the county. Zip code 35554 has the highest median home price at $96,540.

Property Tax Assessment Values Across Eldridge, Marion County, Alabama

Source: Ownwell

$65,418

$95,434

$125,450

Median Eldridge Market Value

$96,540

Median Marion County Market Value

$95,335

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Eldridge, Marion County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35554	$44,128	$57,900	$96,540	$133,940	$179,408

Source: Ownwell

Property Tax Bills Across Eldridge, Marion County, Alabama

In Eldridge, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. This assessed value is then multiplied by the local tax rate to calculate the tax bill. In Marion County, the median property tax bill is significantly lower than the national median, offering a more affordable option for homeowners. However, even with a lower tax bill, homeowners can still benefit from potential savings. Factors such as property improvements, location, and local government budgets can influence the assessed value and, consequently, the tax bill. Ownwell specializes in property tax appeals and exemptions, helping homeowners ensure their property is fairly assessed. By reviewing assessment details and identifying discrepancies, Ownwell can assist in reducing the tax burden. This service is particularly beneficial for those in Eldridge, where even small adjustments can lead to meaningful savings. With Ownwell's expertise, homeowners can navigate the complexities of property taxes and secure potential reductions in their tax bills.

Property Tax Bills Across Eldridge, Marion County, Alabama

Source: Ownwell

$198

$341

$483

Median Eldridge Tax Bill

$287

Median Marion County Tax Bill

$328

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Eldridge, Marion County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35554	$71	$148	$287	$434	$637

Source: Ownwell