Kennedy, Pickens County, Alabama Property Taxes
Median Kennedy, AL effective property tax rate: 0.30%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Kennedy, AL home value: $95,140
Median annual Kennedy, AL tax bill: $295, $2,105 lower than the national median property tax bill of $2,400.
How are property taxes in Pickens calculated?
Property taxes in Kennedy, 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 Kennedy’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kennedy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kennedy, Pickens County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.3%
Estimate Property Tax Bill
$285
$265
Property Tax Rates Across Kennedy, Pickens County, Alabama
Local government entities determine tax rates, which can significantly differ within a state. This variation occurs because each county annually assesses its budgetary needs to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although the process involves votes and legislative measures, this is the essence of how rates are set each year.
In Kennedy, located in Pickens County, the effective property tax rate is notably lower than both the state and national medians. This can be particularly appealing for property owners seeking to minimize their tax liabilities. The median property tax rate in Alabama is 0.30%, which is significantly below the national median of 1.02%. Consequently, property owners in Kennedy benefit from reduced tax burdens compared to many other regions across the U.S. By understanding these dynamics, property owners can make informed decisions about their investments and potential savings on property taxes.
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 Kennedy Tax Rate
0.30%
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 Pickens County Tax Rate
0.37%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kennedy, Pickens County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | 0.20% | 0.26% | 0.30% | 0.34% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Kennedy, Pickens County, Alabama
When examining property taxes in Kennedy, 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 Pickens 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 Pickens 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 Kennedy. For example, the median home price in Kennedy is $95,140, with tax bills ranging significantly across the county. 35574 has the highest median home price at $95,140.
Property Tax Assessment Values Across Kennedy, Pickens County, Alabama
Source: Ownwell
$36,220
$86,130
$136,040
Median Kennedy Market Value
$95,140
Median Pickens County Market Value
$97,900
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kennedy, Pickens County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | $36,740 | $58,020 | $95,140 | $142,120 | $231,444 |
Source: Ownwell
Property Tax Bills Across Kennedy, Pickens County, Alabama
Median Kennedy Tax Bill
$295
Median Pickens County Tax Bill
$403
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Kennedy, Pickens County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | $125 | $197 | $295 | $463 | $703 |
Source: Ownwell