36442 Property Tax Rate

Property owners in ZIP code 36442 (Florala, Alabama) pay a median of $294/year in property taxes on homes valued at $119,800. This translates to an effective tax rate of 0.25%, which is 33% below the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 36442 is approximately $25, which factors into escrow payments on mortgages. This ZIP code is located within Covington County. This is $311 less than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 36442 has higher property taxes. ZIP codes with similar effective rates include 36020 (0.24%) and 35087 (0.25%).

In Florala, property taxes represent approximately 0.6% of the median household income of $50,456, providing context for the relative tax burden on homeowners in this area.

Alabama has no statewide property tax cap; Covington County reassesses at market value upon sale, and owners pay based on the new valuation with annual adjustments set locally. Homeowners 65 and older with annual income below $12,500 qualify for a $5,000 Homestead Exemption — apply to the Covington County Assessor by December 31. File your homestead exemption with the Covington County Assessor's office before year-end to reduce your assessed value on the first tax notice.