State Tax Collections: T01 Property Taxes for Alabama
This dataset tracks state tax collections: t01 property taxes for alabama over time.
Latest Value
291.00
Year-over-Year Change
37.91%
Date Range
1/1/1994 - 1/1/2025
Summary
This series tracks quarterly state tax collections from property taxes in Alabama, providing insight into the state's fiscal and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T01 Property Taxes for Alabama series measures the total amount of property tax revenue collected by the state government of Alabama on a quarterly basis. This data is a key indicator of real estate market activity, local government budgets, and overall economic trends within the state.
Methodology
The data is collected directly from the Alabama Department of Revenue's tax revenue reports.
Historical Context
Policymakers and analysts use this trend to assess the financial health of Alabama's state and local governments.
Key Facts
- Alabama collects over $2 billion in property taxes annually.
- Property taxes account for approximately 30% of total state tax revenue in Alabama.
- Quarterly property tax collections tend to peak in the fourth quarter of each year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of property tax revenue collected by the state government of Alabama on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the real estate market, local government budgets, and overall economic conditions within Alabama.
Q: How is this data collected or calculated?
A: The data is collected directly from the Alabama Department of Revenue's tax revenue reports.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the financial health of Alabama's state and local governments.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for Alabama (QTAXT01QTAXCAT3ALNO), retrieved from FRED.