5 Alabama Property Tax FAQs (& The Answers!)
At Key Performance Team, we understand that navigating property taxes can be a daunting part of buying a home. That's why we’ve provided answers to frequently asked questions about Alabama property taxes we hear from potential new homeowners. We hope they’ll be a helpful resource as you research or budget for home ownership in our beautiful state.
1. How much is property tax in Alabama?
Alabama’s property tax is one of the lowest property tax rates in the nation. The amount you pay is based on the assessed value of the property, which is typically set at 10% of the fair market value for owner-occupied residential properties. Rates vary by county, but the state average is around 0.42% of a home's value. More Info
2. When are Alabama property Alabama property taxes due?
Alabama property tax is due on October 1st each year and considered delinquent after December 31st; this gives property owners a three-month window to make their payments without incurring penalties. More Info
3. How to pay property taxes in Alabama?
Property taxes can be paid online, by mail, or via phone call. Many counties offer the convenience of online payment portals on their websites, making it easy to fulfill your Alabama property tax obligations from the comfort of your home. More Info
4. Who is exempt from paying property taxes in Alabama?
In Alabama, certain groups are exempt from paying property taxes. Depending on their income level and property value, these exemptions are typically available for individuals over 65, those with disabilities, and retired military personnel. More Info
5. What age do you stop paying property taxes in Alabama?
Residents of Alabama who are 65 years or older may be partially or fully exempt from paying property taxes, depending on their total annual income and the assessed value of their property. If you’re 65 or older, check with your local taxing official to see whether you are eligible for this exemption. More Info
Any more Alabama property tax questions?
If you have more questions about Alabama property tax or you’re interested in real estate in Mobile, Alabama, Leslie Davis at Key Performance Team is here to assist you! With deep expertise in the local market and a dedication to helping clients find their dream homes, Leslie and her team are your go-to real estate professionals. Contact Leslie & her team today and start your property search with the best guidance in Alabama.