Townley, Walker County, Alabama Property Taxes

Name: Property Tax Bills Across Townley, Walker County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Townley, AL effective property tax rate: 0.23%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Townley, AL home value: $90,350
Median annual Townley, AL tax bill: $224, $2,176 lower than the national median property tax bill of $2,400.

How are property taxes in Walker County calculated?

Property taxes in Townley, 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 Townley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Townley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Townley, Walker County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.23%

Estimate Property Tax Bill

$208

$193

Ownwell’s Townley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Townley with just two data points. By entering your property's estimated assessed value, our calculator applies Townley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Walker County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Townley, Walker County, Alabama

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services and dividing 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, this is the annual process in a nutshell.

In TOWNLEY in Walker County, Alabama, the effective property tax rate is notably lower than both the state and national medians. This low rate can be advantageous for homeowners seeking to minimize their annual tax bills. In contrast, the national median property tax rate stands at 1.02%, with a median tax bill of $2,400. Alabama's median tax rate is also significantly below the national average, making it an attractive state for property ownership. Comparing TOWNLEY’s effective property tax rate to other cities in Alabama and the broader U.S. context highlights the potential for property tax savings in this region.

Property Tax Rates Across Townley, Walker County, Alabama

Source: Ownwell

0.22%

0.42%

0.61%

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 Townley Tax Rate

0.23%

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 Townley, Walker County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35587	0.14%	0.19%	0.23%	0.35%	0.51%

Source: Ownwell

Property Tax Assessment Values Across Townley, Walker County, Alabama

When examining property taxes in Townley, 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. Assessment notices: In Walker County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Townley. For example, the median home price in Townley is $90,350, with tax bills ranging significantly across the county. Zip code 35587 has the highest median home price at $90,350.

Property Tax Assessment Values Across Townley, Walker County, Alabama

Source: Ownwell

$37,600

$103,950

$170,300

Median Townley Market Value

$90,350

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 Townley, Walker County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35587	$25,000	$49,825	$90,350	$154,175	$231,950

Source: Ownwell

Property Tax Bills Across Townley, Walker County, Alabama

In TOWNLEY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the home's market value, and the local tax rate is then applied to this value to calculate the tax bill. In Walker County, the median property tax bill is notably lower than the national median of $2,400, reflecting the region's lower home prices. For example, the median home price in TOWNLEY is $90,350, contributing to a more affordable tax bill compared to the national average. However, homeowners may still find their tax bills burdensome. Ownwell can assist by providing expert property tax appeal services to ensure homeowners are not overpaying. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners secure potential reductions in their tax bills. This not only alleviates financial strain but also ensures fair taxation, providing peace of mind for property owners in TOWNLEY.

Property Tax Bills Across Townley, Walker County, Alabama

Source: Ownwell

$103

$325

$546

Median Townley Tax Bill

$224

Median Walker County Tax Bill

$298

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Townley, Walker County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35587	$48	$105	$224	$417	$570

Source: Ownwell