Phenix City, AL 35355
Effective tax rate
0.62%
Median home value
$156,000
Median annual tax
$967
vs. national median
-64%
vs. state average
+63%
Property tax calculator
Estimated annual tax
$967
Monthly escrow
$81
Daily cost
$2.65
How property tax is calculated in Madison County
Property tax in Phenix City, AL is calculated based on the assessed value of your property multiplied by the local tax rate. The effective tax rate in ZIP code 35355 is 0.62%, below the national median of 1.02%.
The formula is: Annual Tax = Assessed Value × (Tax Rate / 100). For a home valued at $156,000, the estimated annual property tax would be $967.
Madison County assesses properties periodically to determine fair market value. If you believe your assessment is too high, you have the right to appeal. Contact your county assessor's office for assessment schedules and appeal deadlines.
Property tax exemptions in Alabama
Homestead exemption
Contact Madison County for eligibility
Senior citizen exemption
Contact Madison County for eligibility
Veteran exemption
Contact Madison County for eligibility
Disability exemption
Contact Madison County for eligibility
Frequently asked questions
What is the property tax rate in 35355?
The effective property tax rate in 35355 (Phenix City, Alabama) is 0.62%. This means that on a home valued at $156,000, you would pay approximately $967 per year in property taxes.
How much is property tax on a $156,000 home in Phenix City?
Based on the effective rate of 0.62% in 35355, a home valued at $156,000 would pay approximately $967 per year in property taxes, or $81 per month.
How do I appeal my property tax in Alabama?
To appeal your property tax assessment in Alabama, you typically need to file a protest with your county's review board within the designated deadline. The process varies by county but generally involves gathering comparable sales data, submitting an appeal form, and attending a hearing.
What property tax exemptions are available in Alabama?
Alabama offers several property tax exemptions including homestead, senior citizen, veteran, and disability exemptions. Eligibility and amounts vary by program and local jurisdiction.
How does Phenix City property tax compare to the national average?
The effective property tax rate in 35355 (Phenix City) is 0.62%, compared to the national median of 1.02%. This means rates in Phenix City are below the national average.