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Calculating Baldwin County Property Tax
GENERAL FORMULA & EXAMPLE
Fair Classification Assessed Tax Gross
Homestead Net
Market Value X Assessment Ratio (%)* =
Value X Levy (Millage Rate)** =
Tax
- Homestead Exemption =
Tax
$50,000 X 10% = $5,000 X
.0275 = $137.50 - $45.00
= $93.50
(The Formula Above Does Not Apply To Farm Or
Forest Lands Receiving Benefit Of "Current Use" Values).
*Alabama Legislature Has Established Property Assessment Ratios As
Follows:
Class I ----- Utilities 30%
Class II ----- All Other Property 20% - including 2nd home and
investment properties
Class III ----- Farm, Forest, and Owner Occupied Residential Property
10%
Class IV ----- Motor Vehicles 15%
**Millage Rates
See the Baldwin County website for
the current Millage Rate for your city!
The above information is deemed reliable but subject
to change!
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