36255 Property Tax Rate

Property owners in ZIP code 36255 (Cragford, Alabama) pay a median of $292/year in property taxes on homes valued at $141,000. This translates to an effective tax rate of 0.21%, which is 44% below the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 36255 is approximately $24, which factors into escrow payments on mortgages. This ZIP code is located within Clay County. This is $313 less than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 36255 has higher property taxes. ZIP codes with similar effective rates include 35671 (0.21%) and 35578 (0.21%).

In Cragford, property taxes represent approximately 0.6% of the median household income of $52,256, providing context for the relative tax burden on homeowners in this area.

Alabama does not limit annual assessment growth; your property will be assessed at purchase price at sale and may increase yearly based on local revaluation. Clay County offers a $4,000 Homestead Exemption for primary residences—register with the Clay County Assessor's office to apply this reduction to your taxable value. Submit your exemption paperwork to Clay County Assessor immediately after closing to protect your assessed value from the full tax burden.