Cherokee Ridge, Marshall County, Alabama Property Taxes

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

Median Cherokee Ridge, AL effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%. Median Cherokee Ridge, AL home value: $386,200. Median annual Cherokee Ridge, AL tax bill: $1,540, $860 lower than the national median property tax bill of $2,400.

How are property taxes in Marshall County calculated?

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

Last Updated March 1, 2025

Cherokee Ridge, Marshall County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$1,583

$1,469

Ownwell’s Cherokee Ridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cherokee Ridge with just two data points. By entering your property's estimated assessed value, our calculator applies Cherokee Ridge’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 Cherokee Ridge, Marshall County, Alabama

Local government entities set tax rates, which can vary widely within a state. This variance is due to the fact that 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.

Cherokee Ridge in Marshall County, Alabama, presents an interesting case for property taxes. With an effective property tax rate of 0.41%, Cherokee Ridge offers a more affordable option compared to the national median property tax rate of 1.02%. This lower rate can be a significant financial relief for homeowners, especially when contrasted with the national median property tax bill, which stands at $2400. Homeowners in Cherokee Ridge benefit from a more manageable tax environment, making it an attractive place for those looking to maximize their property investment. By understanding the local tax landscape, residents can make informed decisions about property ownership and investment opportunities in the area.

Property Tax Rates Across Cherokee Ridge, 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 Cherokee Ridge Tax Rate

0.41%

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 Cherokee Ridge, Marshall County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35175	0.32%	0.36%	0.41%	0.42%	0.85%

Source: Ownwell

Property Tax Assessment Values Across Cherokee Ridge, Marshall County, Alabama

When examining property taxes in Cherokee Ridge, 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 Cherokee Ridge. For example, the median home price in Cherokee Ridge is $386,200, with tax bills ranging significantly across the county. 35175 has the highest median home price at $386,200.

Property Tax Assessment Values Across Cherokee Ridge, Marshall County, Alabama

Source: Ownwell

$80,650

$233,425

$386,200

Median Cherokee Ridge Market Value

$386,200

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 Cherokee Ridge, Marshall County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35175	$222,880	$296,050	$386,200	$486,300	$653,560

Source: Ownwell

Property Tax Bills Across Cherokee Ridge, Marshall County, Alabama

In Cherokee Ridge, located in Marshall County, AL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the property's market value, and the local government sets the tax rate. For homeowners in Cherokee Ridge, the median property tax bill stands at $1,540, which is significantly lower than the national median of $2,400. Tax bills can vary widely, with the 25th percentile at $1,100 and the 75th percentile reaching $2,201, highlighting the range of what homeowners might expect to pay. Factors such as property improvements, neighborhood changes, and local government budgets can influence these assessments. This variability can affect homeowners' finances, making it crucial to ensure that their tax bills are accurate and fair. Ownwell assists homeowners by reviewing their property assessments, identifying potential errors, and filing appeals to reduce tax liabilities. By leveraging their expertise, homeowners can potentially save significantly on their property tax bills.

Property Tax Bills Across Cherokee Ridge, Marshall County, Alabama

Source: Ownwell

$328

$934

$1,540

Median Cherokee Ridge Tax Bill

$1,540

Median Marshall County Tax Bill

$654

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Cherokee Ridge, Marshall County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35175	$708	$1,100	$1,540	$2,201	$3,681

Source: Ownwell