35603 Property Tax Rate

Property owners in ZIP code 35603 (Decatur, Alabama) pay a median of $851/year in property taxes on homes valued at $235,600. This translates to an effective tax rate of 0.36%, which is near the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 35603 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Morgan County. This is $246 more than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 35603 has lower property taxes. ZIP codes with similar effective rates include 36037 (0.36%) and 36105 (0.36%).

In Decatur, property taxes represent approximately 1.1% of the median household income of $78,237, providing context for the relative tax burden on homeowners in this area.

Alabama has no statewide property tax cap; Morgan County reassesses at full market value when you buy, resetting the tax base upward. Veterans may qualify for a property tax exemption depending on disability status — verify eligibility with the Morgan County Assessor, who administers both homestead (age 65+, income under $12,500) and veteran exemptions. Contact the Morgan County Assessor's office before the end of the calendar year to apply for any available exemptions and confirm your assessed value.