35643 Property Tax Rate

Property owners in ZIP code 35643 (Hillsboro, Alabama) pay a median of $344/year in property taxes on homes valued at $112,700. This translates to an effective tax rate of 0.31%, which is 17% below the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 35643 is approximately $29, which factors into escrow payments on mortgages. This ZIP code is located within Lawrence County. This is $261 less than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 35643 has lower property taxes. ZIP codes with similar effective rates include 36108 (0.31%) and 36467 (0.31%).

In Hillsboro, property taxes represent approximately 0.7% of the median household income of $51,055, providing context for the relative tax burden on homeowners in this area.

Alabama has no statewide property tax cap; Lawrence County reassesses property at market value upon sale, potentially doubling or tripling your tax bill compared to the prior owner's. Homeowners age 65+ with annual income under $12,500 qualify for the Homestead Exemption ($5,000 reduction) — apply with the Lawrence County Assessor by December 31. Contact the Lawrence County Assessor's office before year-end to file your homestead exemption and confirm your property's assessed value reflects current market conditions.