36854 Property Tax Rate

Property owners in ZIP code 36854 (Valley, Alabama) pay a median of $634/year in property taxes on homes valued at $146,300. This translates to an effective tax rate of 0.43%, which is 18% above the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 36854 is approximately $53, which factors into escrow payments on mortgages. This ZIP code is located within Chambers County.

Compared to similar ZIP codes in Alabama, 36854 has higher property taxes. ZIP codes with similar effective rates include 35801 (0.43%) and 36272 (0.43%).

In Valley, property taxes represent approximately 1.0% of the median household income of $60,385, providing context for the relative tax burden on homeowners in this area.

Alabama law requires reassessment to market value at sale with no annual increase cap, meaning your first tax bill will reflect the full purchase price. Chambers County offers a $7,500 Homestead Exemption for owner-occupied homes; apply with the Chambers County Assessor within the county's deadline to reduce your taxable value. Contact the Chambers County Assessor's office immediately after purchase to obtain the exemption application and confirm the filing cutoff date.