Anniston, Alabama Property Taxes
The median property tax rate in Anniston, AL is 0.79%, notably lower than the national median of 0.99% but higher than the Alabama state median of 0.47%. With the median home value in Anniston at $101,100, the typical annual property tax bill is around $802, which is significantly less than the national median of $2,690. Property taxes in Anniston are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Anniston's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Anniston or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anniston, Alabama Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$940
Ownwell’s ANNISTON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ANNISTON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ANNISTON to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Anniston, Alabama
Property taxes in Anniston, Alabama, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anniston is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Anniston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anniston estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Anniston's effective property tax rate to other counties in Alabama and the national median. For comparison, the 36207 zip code has both the highest and lowest median property tax rate of 0.79%. Understanding how these cities compare with Anniston provides valuable insights into the varying tax landscape across Talladega County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anniston Tax Rate
0.79%
Average Talladega County Tax Rate
0.43%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anniston, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36207 | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Anniston, Alabama
In Anniston, Alabama, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Talladega County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Anniston, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Anniston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $802 in the 36207 zip code, while the lowest is also $802 in the same zip code.
Average Anniston Assessed Value
$101,100
Average Talladega County Assessed Value
$93,200
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anniston, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36207 | $101,100 | $101,100 | $101,100 | $101,100 | $101,100 |
Source: Ownwell
Property Tax Bills Across Anniston, Alabama
In Anniston, Talladega County, AL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $101,100, homeowners in Anniston can expect a median property tax bill of around $802, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the property tax bill, including the market value of the home, local tax rates, and any applicable exemptions or deductions. Homeowners should be aware that changes in property value or tax rates can affect their annual tax bill. In Anniston, the consistency in tax bills, as seen with the 25th, 75th, and 90th percentiles all at $802, suggests a relatively stable tax environment. This stability can provide homeowners with a predictable financial landscape, making it easier to manage their household budgets.
Average Anniston Tax Bill
$802
Average Talladega County Tax Bill
$396
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Anniston, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36207 | $802 | $802 | $802 | $802 | $802 |
Source: Ownwell