Burnwell, Walker County, Alabama Property Taxes
Median Burnwell, AL effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Burnwell, AL home value: $68,550
Median annual Burnwell, AL tax bill: $246, $2,154 lower than the national median property tax bill of $2,400.
How are property taxes in Walker calculated?
Property taxes in Burnwell, 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 Burnwell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Burnwell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Burnwell, Walker County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$233
$216
Property Tax Rates Across Burnwell, Walker County, Alabama
Local government entities in Alabama determine property tax rates, which can differ significantly across the state. Each year, counties like Walker calculate their budgetary needs for public services and divide this by the total assessed value of taxable property within the county. This process results in the property tax rate. Although setting tax rates involves votes and legal regulations, this calculation is fundamentally how it is done annually.
Burnwell, located in Walker County, has an effective property tax rate that stands at 0.34%. This rate is notably lower than the national median property tax rate of 1.02%. The median property tax bill in Burnwell is also significantly below the national median of $2,400. This makes Burnwell an attractive location for property owners looking to minimize their tax burden. Comparing Burnwell's property tax rate with other cities in Alabama highlights the variation within the state and underscores the importance of understanding local tax rates. Property owners in Burnwell can benefit from engaging property tax consultants to ensure they are maximizing their savings and taking advantage of any available exemptions.
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 Burnwell Tax Rate
0.34%
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 Walker County Tax Rate
0.31%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Burnwell, Walker County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35038 | 0.16% | 0.26% | 0.34% | 0.49% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Burnwell, Walker County, Alabama
When examining property taxes in Burnwell, 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 Walker 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 Walker 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 Burnwell.
For example, the median home price in Burnwell is $68,550, with tax bills ranging significantly across the county. The zip code 35038 has the highest median home price at $68,550.
Property Tax Assessment Values Across Burnwell, Walker County, Alabama
Source: Ownwell
$37,600
$103,950
$170,300
Median Burnwell Market Value
$68,550
Median Walker County Market Value
$97,400
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Burnwell, Walker County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35038 | $21,640 | $52,750 | $68,550 | $121,500 | $268,820 |
Source: Ownwell
Property Tax Bills Across Burnwell, Walker County, Alabama
Median Burnwell Tax Bill
$246
Median Walker County Tax Bill
$298
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Burnwell, Walker County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35038 | $53 | $156 | $246 | $464 | $766 |
Source: Ownwell