December 2, 2015 1:00 p.m. The Most Popular U.S. TV Shows in 18 Countries Around the World. <em>Drop Dead Diva</em> is big in Romania. The Ratings Game is a weeklong series exploring what the new world of TV ratings means for your favorite shows.
The assessment rate is a uniform percentage and varies by tax jurisdiction, and could be any percentage below 100%. After getting the assessed value, it is multiplied by the mill levy to determine your taxes due. For example, suppose the assessor determines your property value is $500,000 and the assessment rate is 8%. The assessed value would be $40,000. Now taking the mill levy of 4.5% we calculated previously, the tax due would be $1,800 ($40,000 x 4.5%).
In 2012, Alabama collected the lowest national average in property tax per person. The state also has a general sales tax about 2 percentage points below the national median of 5.95 percent. Overall, Alabama residents had the 10th lowest state and local tax burden as of 2011, the Tax Foundation says. 3.