Horton, Marshall County, Alabama Property Taxes
Median Horton, AL effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but slightly higher than the Alabama state median of 0.47%.
Median Horton, AL home value: $81,600
Median annual Horton, AL tax bill: $406, $1,994 lower than the national median property tax bill of $2,400.
How are property taxes in Marshall calculated?
Property taxes in Horton, 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 Horton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Horton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Horton, Marshall County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.48%
Estimate Property Tax Bill
$392
$363
Property Tax Rates Across Horton, Marshall County, Alabama
Local government entities are responsible for setting property tax rates, and these can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of taxable property within their jurisdiction, resulting in the property tax rate. This process, while involving votes and legislation, essentially determines the annual tax rate.
For those residing in Horton, located in Marshall County, Alabama, the effective property tax rate is 0.48%. This rate is notably lower than the national median property tax rate of 1.02%, making Horton an attractive location for property owners looking to minimize their tax burden. In fact, Horton's rate is among the lowest in the state, offering significant savings compared to other regions.
Understanding these rates can help property owners make informed decisions about their investments and financial planning. Comparing Horton’s property tax rate to other cities in Alabama, as well as the national median, highlights the potential for lower tax expenses and underscores the appeal of living in this area.
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 Horton Tax Rate
0.48%
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 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 Horton, Marshall County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35980 | 0.36% | 0.38% | 0.48% | 0.79% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Horton, Marshall County, Alabama
When examining property taxes in Horton, 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 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 Horton. For example, the median home price in Horton is $81,600, with tax bills ranging significantly across the county. 35980 has the highest median home price at $81,600.
Property Tax Assessment Values Across Horton, Marshall County, Alabama
Source: Ownwell
$80,650
$233,425
$386,200
Median Horton Market Value
$81,600
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 Horton, Marshall County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35980 | $18,400 | $39,700 | $81,600 | $145,800 | $218,700 |
Source: Ownwell
Property Tax Bills Across Horton, Marshall County, Alabama
In Horton, located in Marshall County, Alabama, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in Horton is $81,600, which influences the tax bill calculation. Homeowners in this area experience a median tax bill of $406, significantly lower than the national median of $2,400. Factors such as property size, location, and improvements can impact the assessed value and, consequently, the tax bill. Homeowners in Horton might pay anywhere from $225 at the 25th percentile to $1,001 at the 90th percentile, reflecting the variability based on specific property characteristics.
Ownwell offers valuable assistance to homeowners by providing property tax appeal services that could potentially lower their tax bills. By analyzing the assessed value and identifying discrepancies or overvaluations, Ownwell helps ensure that homeowners are not overpaying. This service is particularly beneficial in areas like Horton, where understanding the nuances of property tax assessments can lead to significant savings, helping homeowners manage their expenses more effectively.
Median Horton Tax Bill
$406
Median Marshall County Tax Bill
$654
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Horton, Marshall County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35980 | $92 | $225 | $406 | $683 | $1,001 |
Source: Ownwell