Wadley, Tallapoosa County, Alabama Property Taxes
Median Wadley, AL effective property tax rate: 0.27%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Wadley, AL home value: $139,550
Median annual Wadley, AL tax bill: $324, $2,076 lower than the national median property tax bill of $2,400.
How are property taxes in Tallapoosa calculated?
Property taxes in Wadley, 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 Wadley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wadley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wadley, Tallapoosa County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.27%
Estimate Property Tax Bill
$377
$350
Property Tax Rates Across Wadley, Tallapoosa County, Alabama
Local government entities set tax rates, which can vary within a state. This variation stems from each county's annual budget estimation process. Counties determine the necessary budget for services and divide it by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.
In Wadley, located in Tallapoosa County, Alabama, the effective property tax rate is noticeably lower than the national median. Tallapoosa County's median tax rate stands at 0.27%, which is significantly below the national median property tax rate of 1.02%. This means that property owners in Wadley enjoy one of the lowest property tax burdens in the country. Compared to other cities in Alabama, Wadley's property tax rates are also favorable, making it an attractive location for property owners looking to minimize their tax expenses. For residents, this translates into more affordable living costs, potentially increasing disposable income and making homeownership more accessible.
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 Wadley Tax Rate
0.27%
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 Tallapoosa County Tax Rate
0.32%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wadley, Tallapoosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36276 | 0.15% | 0.19% | 0.27% | 0.30% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Wadley, Tallapoosa County, Alabama
When examining property taxes in Wadley, 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 Tallapoosa County Tax Assessor 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 Tallapoosa 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 Wadley.
For example, the median home price in Wadley is $139,550, with tax bills ranging significantly across the county. Zip code 36276 has the highest median home price at $139,550.
Property Tax Assessment Values Across Wadley, Tallapoosa County, Alabama
Source: Ownwell
$55,900
$169,950
$284,000
Median Wadley Market Value
$139,550
Median Tallapoosa County Market Value
$120,950
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wadley, Tallapoosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36276 | $72,950 | $83,350 | $139,550 | $218,725 | $327,450 |
Source: Ownwell
Property Tax Bills Across Wadley, Tallapoosa County, Alabama
In Wadley, located in Tallapoosa County, Alabama, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in Wadley is $139,550, and tax bills can vary significantly within the area. For instance, the 25th percentile tax bill is $222, while the 75th percentile reaches $496, and the 90th percentile is as high as $743. The median tax bill in Wadley is $324, which is considerably lower than the national median property tax bill of $2,400. This lower tax bill can be attributed to Alabama's generally low property tax rates compared to the national median of 1.02%.
Homeowners in Wadley can potentially reduce their property tax bills further by appealing their assessed values or applying for exemptions. Ownwell offers expert property tax appeal and exemption services, helping homeowners navigate the complexities of the property tax system and potentially save money by ensuring their tax bills are fair and accurate.
Median Wadley Tax Bill
$324
Median Tallapoosa County Tax Bill
$472
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Wadley, Tallapoosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36276 | $111 | $222 | $324 | $496 | $743 |
Source: Ownwell