PROPERTY CLASSIFICATION
In Alabama, property is classified as:
Class
I Utility 30%
Class II All other property 20%
Class
III Farm Property and Owner
Occupied Residential Property 10%
Class IV Motor Vehicles 15%
You multiply the appraised value of property by the
proper classification to determine the assessed value.
Taxes are based on assessed value less exemptions
which you qualify for. For example, if you are eligible,
apply for Homestead Exemptiom 1, 2, 3 or 4 before
December 31 of each beginning tax year.