36043 Property Tax Rate

Property owners in ZIP code 36043 (Hope Hull, Alabama) pay a median of $549/year in property taxes on homes valued at $179,300. 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 36043 is approximately $46, which factors into escrow payments on mortgages. This ZIP code is located within Lowndes County.

Compared to similar ZIP codes in Alabama, 36043 has higher property taxes. ZIP codes with similar effective rates include 35645 (0.31%) and 36108 (0.31%).

In Hope Hull, property taxes represent approximately 0.6% of the median household income of $84,600, providing context for the relative tax burden on homeowners in this area.

Alabama does not cap annual assessment increases; your home will be reassessed at purchase price when you buy, and values may grow annually thereafter. Lowndes County provides a $4,000 Homestead Exemption for primary residences—submit your application to the Lowndes County Assessor's office to reduce your taxable base. Contact the Lowndes County Assessor immediately after purchase to secure your exemption and confirm your assessment is accurate.