Letohatchee, Montgomery County, Alabama Property Taxes
Median Letohatchee, 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 Letohatchee, AL home value: $188,200
Median annual Letohatchee, AL tax bill: $658, $1,742 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Letohatchee, 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 Letohatchee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Letohatchee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Letohatchee, Montgomery County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$734
$681
Property Tax Rates Across Letohatchee, Montgomery County, Alabama
Local government entities set tax rates, which can vary significantly within a state. This variation is due to each county's annual estimation of its required budget to provide services, which is then divided by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Votes and laws play a role in setting tax rates and budgets, but this is the annual process in a nutshell.
In Letohatchee, Montgomery County, Alabama, the effective property tax rate stands at 0.39%, which is significantly lower than both the Alabama state median and the national median property tax rate of 1.02%. This lower rate can translate into substantial savings for property owners when compared to other regions. Additionally, the property tax bill in Letohatchee is considerably less than the national median property tax bill of $2,400. Such differences highlight the importance of understanding local tax rates and their implications on property expenses. By comparing Letohatchee’s effective property tax rate to other cities in Alabama and national figures, property owners can better assess their financial commitments and potential savings.
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 Letohatchee Tax Rate
0.39%
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 Montgomery County Tax Rate
0.48%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Letohatchee, Montgomery County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36047 | 0.22% | 0.33% | 0.39% | 0.62% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Letohatchee, Montgomery County, Alabama
When examining property taxes in Letohatchee, 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 Montgomery 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 Montgomery 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 Letohatchee. For example, the median home price in Letohatchee is $188,200, with tax bills ranging significantly across the county. Zip code 36047 has the highest median home price at $188,200.
Property Tax Assessment Values Across Letohatchee, Montgomery County, Alabama
Source: Ownwell
$30,000
$231,400
$432,800
Median Letohatchee Market Value
$188,200
Median Montgomery County Market Value
$131,500
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Letohatchee, Montgomery County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36047 | $46,840 | $90,450 | $188,200 | $272,550 | $355,290 |
Source: Ownwell
Property Tax Bills Across Letohatchee, Montgomery County, Alabama
Median Letohatchee Tax Bill
$658
Median Montgomery County Tax Bill
$782
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Letohatchee, Montgomery County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36047 | $213 | $372 | $658 | $1,001 | $1,620 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Montgomery Tax Assessor | |
| Website | montgomery.capturecama.com |