Gainesville, Sumter County, Alabama Property Taxes
Median Gainesville, Alabama effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Gainesville, Alabama home value: $66,605
Median annual Gainesville, Alabama tax bill: $259, $2,141 lower than the national median property tax bill of $2,400.
How are property taxes in Sumter County calculated?
Property taxes in Gainesville, 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 Gainesville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gainesville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gainesville, Sumter County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.37%
Estimate Property Tax Bill
$246
$229
Property Tax Rates Across Gainesville, Sumter County, Alabama
Local government entities set tax rates, which can vary significantly within a state. 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 Gainesville’s effective property tax rate to other cities in Alabama and the median property tax rates in Alabama and the U.S.
Gainesville in Sumter County, Alabama, boasts an effective property tax rate that is notably lower than the national median of 1.02%. This makes it an attractive location for property owners seeking to minimize their tax burden. Alabama's median property tax rate is also below the national average, reflecting a trend of lower property taxes in the state. For homeowners in Gainesville, this translates to potential savings when compared to other regions across the country. Understanding these differences can be crucial for property owners aiming to make informed decisions about their investments.
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 Gainesville Tax Rate
0.37%
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 Sumter County Tax Rate
0.37%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gainesville, Sumter County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35464 | 0.19% | 0.29% | 0.37% | 0.42% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Gainesville, Sumter County, Alabama
When examining property taxes in Gainesville, 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 Sumter 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 Sumter 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 Gainesville. For example, the median home price in Gainesville is $66,605, with tax bills ranging significantly across the county. Zip code 35464 has the highest median home price at $66,605.
Property Tax Assessment Values Across Gainesville, Sumter County, Alabama
Source: Ownwell
$16,500
$52,350
$88,200
Median Gainesville Market Value
$66,605
Median Sumter County Market Value
$62,300
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gainesville, Sumter County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35464 | $12,750 | $33,500 | $66,605 | $132,862 | $227,600 |
Source: Ownwell
Property Tax Bills Across Gainesville, Sumter County, Alabama
Median Gainesville Tax Bill
$259
Median Sumter County Tax Bill
$245
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Gainesville, Sumter County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35464 | $50 | $88 | $259 | $521 | $899 |
Source: Ownwell