Kennedy, Tuscaloosa County, Alabama Property Taxes
Median Kennedy, AL effective property tax rate: 0.24%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Kennedy, AL home value: $69,900
Median annual Kennedy, AL tax bill: $143, $2,257 lower than the national median property tax bill of $2,400.
How are property taxes in Tuscaloosa 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, Tuscaloosa County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.24%
Estimate Property Tax Bill
$168
$156
Property Tax Rates Across Kennedy, Tuscaloosa County, Alabama
Local government entities in Kennedy, Alabama, set property tax rates, which can vary widely within the state. Annually, each county estimates the budget needed to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Kennedy, located in Tuscaloosa County, the effective property tax rate is significantly lower than both the Alabama state median and the national median. With a median property tax rate of 0.24%, Kennedy stands out for its affordability compared to the national median of 1.02%. This lower rate can result in substantial savings for property owners in Kennedy, as the national median property tax bill is $2400. Such savings can make a significant difference for homeowners, allowing them to allocate funds to other essential needs or investments.
Understanding how these rates are determined and how they compare to state and national averages can empower homeowners to make informed financial decisions and potentially appeal for lower assessments.
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
0.24%
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 Tuscaloosa County Tax Rate
0.46%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kennedy, Tuscaloosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Kennedy, Tuscaloosa 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 Tuscaloosa 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 Tuscaloosa 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 $69,900, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Kennedy, Tuscaloosa County, Alabama
Source: Ownwell
$82,350
$203,650
$324,950
Median Kennedy Market Value
$69,900
Median Tuscaloosa County Market Value
$160,600
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kennedy, Tuscaloosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Kennedy, Tuscaloosa County, Alabama
In Kennedy, located in Tuscaloosa County, Alabama, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in Kennedy is $69,900, significantly lower than the national median. Homeowners here face a median property tax bill considerably below the national median of $2,400. For example, the 25th percentile tax bill is $119, while the 75th percentile is $336, with the 90th percentile reaching $453. These figures illustrate the range of property tax burdens homeowners might encounter.
Factors influencing the tax bill include the property's assessed value and any applicable exemptions. Homeowners in Kennedy can face financial strain if their property is over-assessed, leading to higher tax bills than necessary. This is where Ownwell steps in, offering property tax appeal and exemption services. By ensuring accurate assessments and identifying potential exemptions, Ownwell can help homeowners reduce their tax burden, providing a more manageable financial outlook and ensuring they pay only their fair share.
Median Kennedy Tax Bill
$143
Median Tuscaloosa County Tax Bill
$736
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Kennedy, Tuscaloosa County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35574 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell