Alabama Appraisals
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Alabama House Value, Home Appraisal Market Value, Alabama Property Tax Appeals
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(2) 
If you think you need a home appraisal and/or an organized home appraisal online form, read on! If you need to pursue a property tax appeal or need to clear up some real estate appraisal questions, that's what we're here for. Alaska Instant Home Valuations!
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(Statisics compiled from Bureau of Economic Analysis, an agency of the U.S. Department of Commerce)
The population of Alabama in 2003 was 4,503,726. Its rank was 23rd in the nation. (The District of Columbia is included for ranking purposes.)
PER CAPITA PERSONAL INCOME
In 2003 Alabama had a per capita personal income (PCPI) of $26,505. This PCPI ranked 42nd in the United States and was 84 percent of the national average, $31,472. The 2003 PCPI reflected an increase of 3.6 percent from 2002. The 2002-2003 national change was 2.2 percent. In 1993 the PCPI of Alabama was $17,764 and ranked 42nd in the United States. The 1993-2003 average annual growth rate of PCPI was 4.1 percent. The average annual growth rate for the nation was 4.0 percent.
TOTAL PERSONAL INCOME
In 2003 Alabama had a total personal income (TPI) of $119,373,020. This TPI ranked 24th in the United States. In 1993 the TPI of Alabama was $74,862,947 and ranked 24th in the United States. The 2003 TPI reflected an increase of 4.1 percent from 2002. The 2002-2003 national change was 3.2 percent. The 1993-2003 average annual growth rate of TPI was 4.8 percent. The average annual growth rate for the nation was 5.1 percent.
Alabama Home buyers want to know how much to offer for a house, sellers want to know how much to list a house for. Those seeking a property tax appeal want to know the market value of comparable homes in order to make adjustments to their home's worth. Variations in age, size, condition of the home, and other differences in amenities plus other factors weigh in on the overall market value of a home.
Alabama real estate agents can offer a CMA (Comparable Market Analysis) for houses in the area. This is a ball park figure. A more definitive figure is arrived at by obtaining an appraisal. A Home Market Value Appraisal gives a definitive value for the specific time frame in which the analysis was conducted. Prices range upward to $350.00 depending on the region in which you live.
to challenge your house property taxes and want to go the professional route, be prepared to open your wallet wide. Besides the appraisal fee, the appraiser will have to charge for a day's time at the municipal review. If you decide on hiring a professional mouthpiece, the attorney will not guarantee the result. You could lose the case and easily lose over a grand in the process. Again, we suggest checking into the two options listed above (1) and (2).
| Alabama House Values and Home Demographics |
Alabama |
USA |
Alabama Housing units, 2002
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2,014,536 |
119,302,132 |
Home ownership rate, 2000
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72.5% |
66.2% |
| Housing units in multi-unit structures, percent, 2000 |
15.3% |
26.4% |
| Median value of owner-occupied housing units, 2000 |
$85,100 |
$119,600 |
| Households, 2000 |
1,737,080 |
105,480,101 |
| Persons per household, 2000 |
2.49 |
2.59 |
| Median household income, 1999 |
$34,135 |
$41,994 |
| Per capita money income, 1999 |
$18,189 |
$21,587 |
| Persons below poverty, percent, 1999 |
16.1% |
12.4% |
US Census Bureau
Alabama Capital: Montgomery
Largest Metro: Birmingham-Hoover-Cullman Metropolitan Area
Regions: Greater Birmingham | Central Alabama | Lower Alabama | Mobile Bay | North Alabama | South Alabama
Largest cities: Birmingham | Huntsville | Mobile | Montgomery
Major cities: Alabaster | Albertville | Alexander City | Anniston | Athens | Auburn | Bessemer | Daphne | Decatur | Dothan | Enterprise | Florence | Gadsden | Homewood | Hoover | Tuscaloosa | Vestavia Hills
Counties: Autauga | Baldwin | Barbour | Bibb | Blount | Bullock | Butler | Calhoun | Chambers | Cherokee | Chilton | Choctaw | Clarke | Clay | Cleburne | Coffee | Colbert | Conecuh | Coosa | Covington | Crenshaw | Cullman | Dale | Dallas | DeKalb | Elmore | Escambia | Etowah | Fayette | Franklin | Geneva | Greene | Hale | Henry | Houston | Jackson | Jefferson | Lamar | Lauderdale | Lawrence | Lee | Limestone | Lowndes | Macon | Madison | Marengo | Marion | Marshall | Mobile | Monroe | Montgomery | Morgan | Perry | Pickens | Pike | Randolph | Russell | Shelby | St. Clair | Sumter | Talladega | Tallapoosa | Tuscaloosa | Walker | Washington | Wilcox | Winston
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