Example of Mobile County Property Tax Calculation
Mobile County Property Tax calculation is a process used to determine the amount of tax a property owner is required to pay in Mobile County, Alabama. The tax is calculated based on the assessed value of the property and the applicable tax rate.
To calculate the property tax, the value of the property is first assessed by the county tax assessor. This assessment is based on various factors, including the size, location, and condition of the property. The assessed value is then multiplied by the tax rate, which is determined by the local government.
For example, if a property in Mobile County has an assessed value of $100,000 and the local tax rate is 1%, the property tax would be $1,000. To calculate this, the assessed value of $100,000 would be multiplied by the tax rate of 0.01 (1%).
It is important to note that property tax rates can vary depending on the location and type of property. Property owners should contact the Mobile County Tax Assessor's Office for more information on their specific property tax calculation.
If you want appeal your property tax assessment - contact your local tax assessor.
Mobile County Property Tax Rates
Here is a formatted table listing Mobile County Property Tax rates in US dollars per $100 of assessed value:
| Tax Type | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $0.2875 |
| County Fire & Rescue | $0.0500 |
| County Library | $0.0750 |
| County School Operating | $2.6343 |
| County School Debt | $0.1914 |
| County Probate Court | $0.0039 |
| County Health Dept. | $0.0026 |
| County Soil & Water | $0.0021 |
| City of Mobile General Fund | $0.6625 |
| City of Mobile School Operating | $6.7820 |
| City of Mobile School Debt | $0.7709 |
| City of Mobile Fire & Rescue | $0.0200 |
These rates are subject to change, and taxpayers should consult official sources for the most up-to-date information.
Who sets property tax rates in Mobile County ?
Who sets property tax rates in Mobile County?
The Mobile County Commission sets the property tax rates in Mobile County. They are responsible for determining the millage rates each year, which are then used to calculate property taxes for residents and businesses in the county.
When are property tax rates set in Mobile County?
Property tax rates are set annually by the Mobile County Commission during their budgeting process. They typically finalize the millage rates in September or October of each year, with tax bills being sent out to residents and businesses in November or December.
How are property tax rates calculated in Mobile County?
Property tax rates in Mobile County are calculated by multiplying the assessed value of the property by the millage rate. The millage rate is a percentage of the assessed value that is set by the Mobile County Commission each year. For example, if the assessed value of a property is $100,000 and the millage rate is 20 mills, the property tax would be $2,000 ($100,000 x 0.02).
Why are property tax rates important in Mobile County?
Property tax rates are an important source of revenue for local governments in Mobile County. They help fund essential services such as schools, roads, and public safety. Additionally, property taxes are a significant expense for property owners, so understanding the tax rates and how they are calculated is important for budgeting purposes.
Homestead exemptions in Mobile County ?
To help the residents of Mobile County, Alabama, understand the available Homestead exemptions and deductions, the following table columns have been created:
| Column | Description |
|---|---|
| Exemption | The type of exemption available to the homeowner |
| Eligibility | The requirements a homeowner must meet to qualify for the exemption |
| Amount | The amount of the exemption or deduction |
| Notes | Additional information or requirements for the exemption or deduction |
Here are the county-specific Homestead exemptions and deductions available in Mobile County:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Standard Homestead Exemption | Must own the property and occupy it as a primary residence | Up to $5,000, if value of the property is less than $75,000 | Value of the property must be less than $75,000 to qualify for the full exemption. For properties valued between $75,000 and $85,000, the exemption is prorated based on the property value. |
| Additional Homestead Exemption for Elderly or Disabled Persons | Must be age 65 or older or totally disabled, with a limited income and own the property and occupy it as a primary residence | Up to $5,000 | Homeowners who receive the standard homestead exemption and meet the eligibility requirements may qualify for an additional exemption. |
| Homestead Exemption for Surviving Spouse | Must be the surviving spouse of a homeowner who received a homestead exemption | Up to $5,000 | Surviving spouses who meet the eligibility requirements may qualify for the same homestead exemption as their deceased spouse. |
| Mortgage Deduction | Must own the property and have a mortgage on it | Up to $2,000 per year | The deduction is available for homeowners who have a mortgage on their primary residence. |
| Personal Property Tax Exemption | Must own personal property, such as a car, and occupy it as a primary residence | Up to $3,000 | The exemption is available to homeowners who own and occupy personal property, such as a car, as their primary residence. |
It's important to note that some exemptions and deductions may have additional requirements or limitations. Homeowners in Mobile County are encouraged to review the specific details of each exemption or deduction to ensure they qualify and are receiving the full benefits available to them.
When is Mobile County Property Tax due ?
Mobile County Property Tax is typically due on October 1st of each year. However, taxpayers have until December 31st to pay their property taxes without incurring any penalties or interest.
There are several payment methods available for Mobile County Property Tax including:
| Payment Method | Description |
|---|---|
| Online | Taxpayers can pay their property taxes online using a credit card or e-check through the Mobile County Revenue Commission website. |
| Property tax payments can be sent through the mail to the Mobile County Revenue Commission. | |
| In-Person | Taxpayers can also pay their property taxes in person at the Mobile County Revenue Commission office located in Mobile, Alabama. |
It is important for taxpayers to note that if they fail to pay their property taxes by the December 31st deadline, they will incur a penalty and interest will begin to accrue. Therefore, it is recommended that taxpayers pay their property taxes on time using one of the convenient payment methods available.
If you have more questions - contact your local tax collector.
How is Mobile County Property Tax penalty calculated ?
Mobile County Property Tax Penalty Calculation
Mobile County imposes a penalty on delinquent property tax payments. The penalty is calculated based on the amount of property tax owed and the number of days it is past due.
Here's an example:
Let's say John owns a property in Mobile County and owes $1,000 in property taxes. The due date for the payment was December 31st, but John failed to make the payment until February 15th. In this case, John's payment is 46 days late.
To calculate the penalty, Mobile County applies a 1% penalty per month, with a maximum penalty of 12% per year. So for John's 46 days late payment, the penalty would be:
1% x 2 months = 2% penalty
Since the maximum penalty allowed is 12% per year, John's penalty would be capped at 12% even if he had paid later in the year.
The total amount John would owe with penalty added would be:
$1,000 (property tax owed) + $20 (2% penalty) = $1,020
Mobile County provides a penalty calculation chart for reference:
| Days Past Due | Penalty |
|---|---|
| 1-15 | 1% |
| 16-30 | 2% |
| 31-45 | 3% |
| 46-60 | 4% |
| 61-75 | 5% |
| 76-90 | 6% |
| 91-105 | 7% |
| 106-120 | 8% |
| 121-135 | 9% |
| 136-150 | 10% |
| 151-165 | 11% |
| 166+ | 12% |
It's important to note that property taxes in Mobile County are due by December 31st of each year, and failure to pay them on time can result in interest and penalties. Property owners should make sure to pay their property taxes on time to avoid additional charges.
We recommend contacting the Mobile County Tax Office or a local tax professional for the most up-to-date and accurate information.