Beatrice, Monroe County, Alabama Property Taxes

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

Median BEATRICE, AL effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median BEATRICE, AL home value: $52,110
Median annual BEATRICE, AL tax bill: $214, $2,186 lower than the national median property tax bill of $2,400.

How are property taxes in Monroe calculated?

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

Last Updated March 1, 2025

Beatrice, Monroe County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.39%

Estimate Property Tax Bill

$203

$189

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

Property Tax Rates Across Beatrice, Monroe County, Alabama

Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process. In Beatrice, Monroe County, Alabama, the effective property tax rate is significantly lower than the national median of 1.02%. This discrepancy highlights the variations in tax rates across different regions. Comparing Beatrice's rate to other cities in Alabama and the median property tax rates in the state and the U.S. provides valuable insights for property owners. Understanding these differences can help homeowners make informed decisions about property investments and manage their financial planning more effectively. By appealing or seeking exemptions, property owners in Beatrice can potentially reduce their tax burden even further, maximizing their savings and ensuring they only pay their fair share.

Property Tax Rates Across Beatrice, Monroe County, Alabama

Source: Ownwell

0.24%

0.43%

0.62%

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 Beatrice Tax Rate

0.39%

Median Effective Monroe County Tax Rate

0.31%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Beatrice, Monroe County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36425	0.15%	0.24%	0.39%	0.62%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Beatrice, Monroe County, Alabama

When examining property taxes in Beatrice, 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 Monroe 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 Monroe 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 Beatrice.

For example, the median home price in Beatrice is $52,110, with tax bills ranging significantly across the county. The 36425 zip code has the highest median home price at $52,110.

Property Tax Assessment Values Across Beatrice, Monroe County, Alabama

Source: Ownwell

$45,635

$111,830

$178,025

Median Beatrice Market Value

$52,110

Median Monroe County Market Value

$87,150

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Beatrice, Monroe County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36425	$17,148	$30,870	$52,110	$98,210	$164,164

Source: Ownwell

Property Tax Bills Across Beatrice, Monroe County, Alabama

In Beatrice, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $52,110, homeowners in Monroe County typically face a property tax bill that varies significantly across different percentiles. For instance, the tax bill at the 25th percentile is around $110, while at the 75th percentile, it rises to approximately $351. The 90th percentile tax bill can reach up to $544. These figures are notably lower than the national median property tax bill of $2,400, reflecting the region's relatively modest property tax rates. Factors influencing these tax bills include local government budgets and the specific assessed value of each property. Homeowners can find themselves facing unexpected increases in their tax bills due to changes in these factors. This is where Ownwell can assist by offering property tax appeal and exemption services. By reviewing and challenging inaccurate assessments, Ownwell helps homeowners reduce their tax obligations, ensuring they only pay their fair share.

Property Tax Bills Across Beatrice, Monroe County, Alabama

Source: Ownwell

$164

$288

$411

Median Beatrice Tax Bill

$214

Median Monroe County Tax Bill

$316

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Beatrice, Monroe County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36425	$51	$110	$214	$351	$544

Source: Ownwell