Tibbie, Washington County, Alabama Property Taxes
Median Tibbie, 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 Tibbie, AL home value: $94,500
Median annual Tibbie, AL tax bill: $237, $2,163 lower than the national median property tax bill of $2,400.
How are property taxes in Washington County calculated?
Property taxes in Tibbie, 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 Tibbie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tibbie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tibbie, Washington County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.27%
Estimate Property Tax Bill
$255
$237
Property Tax Rates Across Tibbie, Washington County, Alabama
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Tibbie, located in Washington County, Alabama, the effective property tax rate is notably lower compared to both the state and national medians. With Alabama's median property tax rate being one of the lowest in the nation, residents of Tibbie benefit from a relatively low property tax burden. This is in stark contrast to the national median property tax rate of 1.02% and a median property tax bill of $2,400.
By understanding these differences, property owners in Tibbie can appreciate the advantages of their location in terms of property tax savings. This comparison highlights the importance of knowing local tax rates, as they can significantly impact overall property expenses.
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 Tibbie 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 Washington County Tax Rate
0.30%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tibbie, Washington County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36583 | 0.16% | 0.21% | 0.27% | 0.30% | 0.33% |
Source: Ownwell
Property Tax Assessment Values Across Tibbie, Washington County, Alabama
When examining property taxes in Tibbie, 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 Washington 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 Washington 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 Tibbie. For example, the median home price in Tibbie is $94,500, with tax bills ranging significantly across the county. Zip code 36583 has the highest median home price at $94,500.
Property Tax Assessment Values Across Tibbie, Washington County, Alabama
Source: Ownwell
$54,000
$75,800
$97,600
Median Tibbie Market Value
$94,500
Median Washington County Market Value
$82,400
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tibbie, Washington County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36583 | $32,700 | $53,100 | $94,500 | $176,000 | $231,400 |
Source: Ownwell
Property Tax Bills Across Tibbie, Washington County, Alabama
In Tibbie, Washington County, AL, property tax bills are calculated based on the assessed value of the home. The median home price in the area is $94,500, and the property tax rate is applied to this value to determine the tax bill. Factors influencing the tax bill include the assessed value of the property and the applicable tax rate. Homeowners in Tibbie face a median property tax bill of $237, which is significantly lower than the national median of $2,400. This lower tax burden can be attributed to the region's more affordable home prices and relatively low property tax rates.
Despite the lower tax bills, homeowners can still benefit from appealing their property assessments to ensure they are not overpaying. Ownwell offers expert property tax appeal services, helping homeowners identify discrepancies in their assessments and potentially reduce their tax bills. By leveraging Ownwell's expertise, homeowners in Tibbie can ensure they are paying only their fair share in property taxes, maximizing their savings and financial peace of mind.
Median Tibbie Tax Bill
$237
Median Washington County Tax Bill
$215
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Tibbie, Washington County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
36583 | $75 | $122 | $237 | $391 | $542 |
Source: Ownwell