Alabama Property Tax Calculator 2026 — Annual & Monthly
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
Alabama's effective property tax rate is 0.41% — one of the lowest. On the Alabama median home value of $220,000, you'd pay $902/year ($75/month) in property taxes.
Alabama Housing & Mortgage Data
| Median Home Price | $220,000 |
| 30-Year Fixed Rate | 6.85%(State average, Apr 2026) |
| Property Tax Rate | 0.41%(Effective rate) |
| Avg HO Insurance | $1,600/yr ($133/mo) |
| Typical Down Payment | 10% ($22,000) |
| Median Household Income | $54,000/yr |
Key Facts for Alabama
- ✓Alabama median home price is $220,000 as of 2026
- ✓30-year fixed mortgage rates in Alabama average 6.85%
- ✓Property taxes in Alabama are 0.41% — below the national average of 1.10%
- ✓Homeowners insurance averages $1,600/year in Alabama
- ✓A household earning $55,000/year can typically afford the median Alabama home
More Alabama Calculators
Frequently Asked Questions — Property Tax Calculator in Alabama
- How is property tax calculated in Alabama?
- Alabama property taxes are calculated by multiplying your home's assessed value by the effective tax rate of 0.41%. On a $220,000 home, the annual bill is approximately $902. Assessed value may differ from market value depending on your county's assessment ratio.
- Can I appeal my property tax assessment in Alabama?
- Yes. Alabama homeowners can appeal their assessed value if they believe it is higher than market value. Contact your county assessor's office within the appeal window (typically 30–90 days after the assessment notice). Provide comparable sales data for similar homes in your neighborhood.
- What is the average mortgage payment in Alabama?
- The average monthly mortgage payment (principal + interest) in Alabama is approximately $1,297 for a $198,000 loan at 6.85% over 30 years. Adding property tax ($75/mo) and homeowners insurance ($133/mo) brings total PITI to about $1,506/month.
- What credit score do I need for a mortgage in Alabama?
- Most Alabama lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in Alabama, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $29,700 over the life of a 30-year loan.
- How much down payment is required to buy a home in Alabama?
- You can buy a home in Alabama with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the Alabama median home price of $220,000, a 20% down payment is $44,000 and lets you avoid PMI. Alabama also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in Alabama?
- Current 30-year fixed mortgage rates in Alabama average 6.85% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best Alabama mortgage rate.
- What is the property tax rate in Alabama?
- Alabama's effective property tax rate is 0.41%. On the Alabama median home value of $220,000, annual property taxes are approximately $902 ($75/month). Property taxes in Alabama are typically escrowed in your monthly mortgage payment.