Alabama has some of Lowest Property Taxes in the US
Alabama has some of the lowest property taxes in the nation. A Forbes article, written in 2020, says that Alabama has the second lowest property tax rate in the country (0.48%), behind Hawaii (0.36%) Low property tax is one very good reason to invest in rural land in Alabama. If you were considering a piece of rural land in Perry County, where I live, you would be looking at a low millage rate of 47 mills. That means for every $1,000 of assessed value, you would only owe $47.00 in …
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