36916 Property Tax Rate

Property owners in ZIP code 36916 (Pennington, Alabama) pay a median of $199/year in property taxes on homes valued at $82,500. This translates to an effective tax rate of 0.24%, which is 34% below the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 36916 is approximately $17, which factors into escrow payments on mortgages. This ZIP code is located within Choctaw County. This is $406 less than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 36916 has higher property taxes. ZIP codes with similar effective rates include 36558 (0.24%) and 36555 (0.24%).

In Pennington, property taxes represent approximately 0.7% of the median household income of $28,486, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 36916, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Choctaw County's tax assessor directly.