36049 Property Tax Rate

Property owners in ZIP code 36049 (Luverne, Alabama) pay a median of $384/year in property taxes on homes valued at $124,000. This translates to an effective tax rate of 0.31%, which is 16% below the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 36049 is approximately $32, which factors into escrow payments on mortgages. This ZIP code is located within Crenshaw County. This is $221 less than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 36049 has higher property taxes. ZIP codes with similar effective rates include 35473 (0.31%) and 36786 (0.31%).

In Luverne, property taxes represent approximately 0.7% of the median household income of $53,073, providing context for the relative tax burden on homeowners in this area.

Alabama has no statewide property tax cap; Crenshaw County reassesses at market value upon sale, and your tax obligation resets based on the purchase price with no annual growth limitation. Homeowners 65+ earning under $12,500 annually qualify for the Homestead Exemption ($5,000 off assessed value) — apply with the Crenshaw County Assessor by December 31. Submit your homestead exemption claim to the Crenshaw County Assessor's office before year-end to reduce your assessed value and first-year tax liability.