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Friday, November 1, 2024

Alabama’s property tax revenue up 2.5 percent since Q4 2018

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Alabama collected $164 million in property taxes during the fourth quarter of 2019, a 2.5 percent increase over the same period the previous year, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In the fourth quarter of 2018, $160 million was collected.

Overall, Alabama collected $3 billion in combined tax revenues in the fourth quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Fourth Quarter Alabama Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$164
Sales and Gross Receipts Taxes$1,580
Income Taxes$1,110
Source: U.S. Census Bureau

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