Cheatham County Property Taxes
The median property tax rate in Cheatham County is 0.67%, which is slightly higher than the Tennessee state median of 0.64% but still below the national median of 0.99%. With a median home value of $201,100, the typical annual property tax bill in Cheatham County is around $1,378, considerably less than the national median of $2,690. Property taxes in Cheatham County are determined based on the assessed value, which is often lower than the actual market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding the specifics of Cheatham County's property tax system, exploring available exemptions, and identifying opportunities for tax reductions can lead to significant annual savings. Whether you reside in Ashland City or another part of Cheatham County, gaining a comprehensive understanding of local property taxes is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Cheatham County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$1,347
Ownwell’s Cheatham County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cheatham County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cheatham County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Cheatham County, Tennessee
Property taxes in Cheatham County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cheatham County is 0.67%, which is lower than both the Tennessee state median of 0.71% and the U.S. national median of 0.99%. Local government entities within Cheatham County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cheatham County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Cheatham County's effective property tax rate with other counties in Tennessee and the national median. For comparison, the city of Kingston Springs has one of the higher property tax rates in Tennessee at 0.74%, while the city of Pleasant View boasts one of the lowest at 0.62%. Analyzing how Cheatham County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cheatham County Tax Rate
0.67%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cheatham County, Tennessee
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashland City | 0.67% | 0.67% | 0.68% | 0.76% | 0.76% |
Cedar Hill | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Chapmansboro | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Charlotte | 0.65% | 0.65% | 0.65% | 0.68% | 0.68% |
Clarksville | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Fairview | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Joelton | 0.67% | 0.67% | 0.67% | 0.67% | 0.68% |
Kingston Spgs | 0.69% | 0.71% | 0.74% | 0.78% | 0.80% |
Kingston Springs | 0.67% | 0.67% | 0.67% | 0.81% | 0.81% |
Nashville | 0.68% | 0.70% | 0.70% | 0.70% | 0.70% |
Pegram | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Pleasant View | 0.62% | 0.62% | 0.62% | 0.62% | 0.67% |
White Bluff | 0.67% | 0.67% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Cheatham County, Tennessee
In Cheatham County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Cheatham County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Cheatham County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Cheatham County, Kingston Springs has the highest median tax bill at $2,352, while Charlotte has the lowest at $1,160. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Cheatham County, Tennessee
Source: Ownwell
$174,000
$234,175
$294,350
Average Cheatham County Assessed Value
$201,100
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cheatham County, Tennessee
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashland City | $59,800 | $124,600 | $174,000 | $238,200 | $312,300 |
Cedar Hill | $93,730 | $143,200 | $180,000 | $249,275 | $366,760 |
Chapmansboro | $76,400 | $133,700 | $182,000 | $254,650 | $352,940 |
Charlotte | $49,480 | $85,175 | $175,100 | $250,075 | $381,720 |
Clarksville | $114,880 | $139,300 | $183,500 | $256,150 | $352,410 |
Fairview | $184,060 | $203,200 | $237,500 | $393,700 | $520,380 |
Joelton | $68,100 | $130,100 | $178,000 | $232,400 | $305,000 |
Kingston Spgs | $101,670 | $173,925 | $294,350 | $414,775 | $487,030 |
Kingston Springs | $112,660 | $171,025 | $251,050 | $326,525 | $431,320 |
Nashville | $67,930 | $100,600 | $196,900 | $295,700 | $444,320 |
Pegram | $117,040 | $178,450 | $238,100 | $294,900 | $378,960 |
Pleasant View | $147,380 | $189,025 | $237,950 | $301,075 | $377,820 |
White Bluff | $96,260 | $135,100 | $215,000 | $304,100 | $463,140 |
Source: Ownwell
Property Tax Bills Across Cheatham County, Tennessee
In Cheatham County, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For homeowners, several factors influence the final tax amount, including the home's market value and any applicable exemptions. The median home price in Cheatham County is $201,100, with annual property tax bills ranging significantly. At the 25th percentile, homeowners can expect a tax bill of around $982, while those at the 75th percentile might see bills closer to $1,865. The highest median tax bill in the county is found in Kingston Springs at $2,352, whereas Charlotte has the lowest median tax bill at $1,160. These variations highlight the impact of property values and local tax rates on homeowners, making it crucial for residents to understand how their tax bills are determined and what factors may affect them.
Average Cheatham County Tax Bill
$1,378
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Cheatham County, Tennessee
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashland City | $444 | $874 | $1,220 | $1,671 | $2,159 |
Cedar Hill | $630 | $964 | $1,211 | $1,693 | $2,495 |
Chapmansboro | $515 | $899 | $1,224 | $1,711 | $2,374 |
Charlotte | $335 | $556 | $1,160 | $1,680 | $2,468 |
Clarksville | $773 | $938 | $1,234 | $1,724 | $2,372 |
Fairview | $1,237 | $1,365 | $1,595 | $2,645 | $3,495 |
Joelton | $458 | $898 | $1,212 | $1,569 | $2,069 |
Kingston Spgs | $758 | $1,355 | $2,352 | $3,348 | $3,946 |
Kingston Springs | $816 | $1,226 | $1,841 | $2,488 | $3,211 |
Nashville | $476 | $703 | $1,376 | $2,047 | $3,099 |
Pegram | $820 | $1,248 | $1,671 | $2,062 | $2,637 |
Pleasant View | $946 | $1,204 | $1,506 | $1,888 | $2,350 |
White Bluff | $655 | $912 | $1,462 | $2,069 | $3,111 |
Source: Ownwell