Altoona, Marshall County, Alabama Property Taxes

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

Median Altoona, AL effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Altoona, AL home value: $225,722
Median annual Altoona, AL tax bill: $1,435, $965 lower than the national median property tax bill of $2,400.

How are property taxes in Marshall County calculated?

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

Last Updated March 1, 2025

Altoona, Marshall County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.44%

Estimate Property Tax Bill

$993

$922

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

Property Tax Rates Across Altoona, Marshall County, Alabama

Local government entities set tax rates, and these can vary significantly across Alabama. Each county estimates its necessary budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Altoona, located in Marshall County, the effective property tax rate is 0.44%, which is considerably lower than the national median property tax rate of 1.02%. This rate is reflective of the local government's budgetary needs and the total assessed value of properties in the area. Compared to other cities in Alabama, Altoona's tax rate is quite competitive. The state's median property tax rate is generally lower than the national median, making Alabama an attractive option for property owners seeking lower property tax burdens. This advantageous tax environment can be a significant factor for those considering property investments or relocations within the state.

Property Tax Rates Across Altoona, Marshall County, Alabama

Source: Ownwell

0.36%

0.52%

0.68%

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 Altoona Tax Rate

0.44%

Median Effective Marshall County Tax Rate

0.43%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Altoona, Marshall County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35952	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Altoona, Marshall County, Alabama

When examining property taxes in Altoona, 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 Marshall 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 Marshall County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Altoona. For example, the median home price in Altoona is $225,722, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Altoona, Marshall County, Alabama

Source: Ownwell

$80,650

$233,425

$386,200

Median Altoona Market Value

$225,722

Median Marshall County Market Value

$133,700

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Altoona, Marshall County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35952	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Altoona, Marshall County, Alabama

In Altoona, located in Marshall County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Altoona typically face a property tax bill around $1,435, which is lower than the national median property tax bill of $2,400. The tax rate is applied to the assessed value to determine the total tax owed. With a median home price of $225,722, the property tax rate plays a crucial role in determining the financial burden on homeowners. Factors such as changes in market value and local tax rates can affect the assessed value, impacting the overall tax bill. This can lead to unexpected financial strain for homeowners. Ownwell offers valuable services to help homeowners in Altoona reduce their property tax bills by appealing assessments and identifying potential exemptions. By leveraging expertise in property tax laws and local market conditions, Ownwell ensures homeowners pay only their fair share, providing significant savings and peace of mind.

Property Tax Bills Across Altoona, Marshall County, Alabama

Source: Ownwell

$328

$934

$1,540

Median Altoona Tax Bill

$1,435

Median Marshall County Tax Bill

$654

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Altoona, Marshall County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35952	N/A	N/A	N/A	N/A	N/A

Source: Ownwell