Frisco City, Monroe County, Alabama Property Taxes
Median Frisco City, AL effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%. Median Frisco City, AL home value: $83,400. Median annual Frisco City, AL tax bill: $276, $2,124 lower than the national median property tax bill of $2,400.
How are property taxes in Monroe County calculated?
Property taxes in Frisco City, 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 Frisco City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Frisco City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Frisco City, Monroe County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.28%
Estimate Property Tax Bill
$234
$217
Property Tax Rates Across Frisco City, Monroe County, Alabama
Local government entities set tax rates, which can vary widely within a state. This variability is due to each county estimating its required budget annually to provide necessary services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws influence these rates and budgets, this is essentially the annual process.
In Frisco City in Monroe County, Alabama, the effective property tax rate is significantly lower than both the state and national averages. With Alabama's median property tax rate at 0.28%, Frisco City offers a more affordable option for homeowners compared to the national median of 1.02%. This lower rate can be an attractive factor for potential property buyers or current homeowners considering appealing their property tax assessments. By comparing Frisco City’s property tax rate to other cities in Alabama and the broader U.S., property owners can better understand the financial benefits of residing 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 Frisco City Tax Rate
0.28%
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 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 Frisco City, Monroe County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36445 | 0.14% | 0.22% | 0.28% | 0.62% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Frisco City, Monroe County, Alabama
When examining property taxes in Frisco City, 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 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 Frisco City. For example, the median home price in Frisco City is $83,400, with tax bills ranging significantly across the county. Zip code 36445 has the highest median home price at $83,400.
Property Tax Assessment Values Across Frisco City, Monroe County, Alabama
Source: Ownwell
$45,635
$111,830
$178,025
Median Frisco City Market Value
$83,400
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 Frisco City, Monroe County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36445 | $29,013 | $48,018 | $83,400 | $138,698 | $212,985 |
Source: Ownwell
Property Tax Bills Across Frisco City, Monroe County, Alabama
Median Frisco City Tax Bill
$276
Median Monroe County Tax Bill
$316
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Frisco City, Monroe County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36445 | $66 | $154 | $276 | $448 | $672 |
Source: Ownwell