Property Taxes in Laceys Spring, Alabama
Median Lacey Spring, Alabama effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, and lower than the Alabama state median of 0.47%.
Median Lacey Spring, Alabama home value: $157,600
Median annual Lacey Spring, Alabama tax bill: $545, $1,855 lower than the national median property tax bill of $2,400.
How are property taxes in Marshall calculated?
Property taxes in Lacey Spring, Alabama 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 Lacey Spring's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lacey Spring, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Lacey's Spring Property Tax Calculator Work?
Use this Lacey's Spring property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lacey's Spring's median effective tax rate of 0.36% — based on actual property records in Marshall County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lacey's Spring's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Lacey's Spring: rates range from 0.36% in 35754 to 0.36% in 35754, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Lacey's Spring.
About Laceys Spring Property Taxes
About Property Taxes in Lacey’s Spring, Marshall, Alabama
Lacey’s Spring’s median effective property tax rate of 0.36% is lower than the Alabama state median of 0.47% and lower than the national median of 1.02%. This rate reflects the Marshall County base levy combined with local school district levies and special assessment districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Lacey’s Spring. Homeowners in the 35754 ZIP code carry the median effective rate of 0.36%, while the same ZIP also reflects the city’s median home price of $157,600 and median property tax bill of $545. That bill is well below the national median property tax bill of $2,400. Understanding how assessed value and local levies work can make a meaningful difference to your annual tax bill.
Lacey’s Spring homeowners who believe their assessed value is too high can file a formal appeal with the Marshall County Tax Assessor before the May 1, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Laceys Spring, Marshall County, Alabama
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Lacey's Spring's effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S.
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 Laceys Spring Tax Rate
0.36%
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
0.42%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Laceys Spring, Marshall County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35754 | 0.32% | 0.34% | 0.36% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Laceys Spring, Marshall County, Alabama
When examining property taxes in Lacey Spring, 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.
Assessment notices:
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. For example, the median home price in Lacey Spring is $157,600, with tax bills ranging significantly across the county. Zip code 35754 has the highest median home price at $157,600.
Property Tax Assessment Values Across Laceys Spring, Marshall County, Alabama
Source: Ownwell
$90,600
$248,025
$405,450
Median Laceys Spring Market Value
$157,600
Median Marshall County Market Value
$144,100
Median Alabama Market Value
$169,700
Median United States Market Value
$274,101
Property Tax Assessment Values Across Laceys Spring, Marshall County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35754 | $60,880 | $110,200 | $157,600 | $201,700 | $230,240 |
Source: Ownwell
Property Tax Bills Across Laceys Spring, Marshall County, Alabama
Property tax bills in Lacey's Spring are based on the assessed value of a home, not its market price. Local tax rates are applied to that assessed value to determine the amount a homeowner owes each year. For this area, the median home price is $157,600, and the property tax bill can vary depending on the home’s assessed value, exemptions, and the specific tax rate applied in Marshall County.
What a homeowner pays can differ widely from one property to another. The 25th percentile tax bill is $415, while the 75th percentile is $814, and the 90th percentile reaches $1,229. The median tax bill in the highest and lowest ZIP code is $545 in 35754. These differences show how property characteristics and local assessments can affect the final bill.
For homeowners, this means a property tax bill is not fixed by purchase price alone. Changes in assessed value or eligibility for exemptions can directly influence how much is owed each year.
Median Laceys Spring Tax Bill
$545
Median Marshall County Tax Bill
$685
Median Alabama Tax Bill
$813
Median United States Tax Bill
$3,209
Property Tax Bills Across Laceys Spring, Marshall County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35754 | $281 | $415 | $545 | $814 | $1,229 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Marshall Tax Assessor | |
| Website | marshall.countygovservices.com |