Eagleville, Tennessee Property Taxes
The median property tax rate in Eagleville, TN is 0.47%, significantly lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With a median home value of $161,000 in Eagleville, the typical annual property tax bill is $767, well below the national median of $2,690. Property taxes in Eagleville are calculated based on the tax assessed value, which often falls below market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Eagleville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Eagleville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eagleville, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$757
Ownwell’s Eagleville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eagleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagleville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Eagleville, Tennessee
Property taxes in Eagleville, Tennessee, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eagleville is 0.47%, which is lower than the U.S. national median of 0.99%. Local government entities within Eagleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagleville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Eagleville's effective property tax rate to other areas in Tennessee and the national median. For comparison, the 37060 zip code has the highest median property tax rate of 0.47%, while the same 37060 zip code also has the lowest median tax rate of 0.47%. Understanding how these areas compare with Eagleville provides valuable insights into the varying tax landscape across Williamson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eagleville Tax Rate
0.47%
Average Williamson County Tax Rate
0.54%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagleville, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37060 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Eagleville, Tennessee
In Eagleville, Tennessee, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Williamson County Appraisal District for tax purposes. In contrast, the assessed value 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. In Eagleville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Eagleville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $161,000, with tax bills ranging from $476 at the 25th percentile to $1,847 at the 90th percentile. Notably, the zip code 37060 has both the highest and lowest median tax bill at $767.
Average Eagleville Assessed Value
$161,000
Average Williamson County Assessed Value
$492,600
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eagleville, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37060 | $80,440 | $105,400 | $161,000 | $291,600 | $382,500 |
Source: Ownwell
Property Tax Bills Across Eagleville, Tennessee
In Eagleville, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the Williamson County Assessor's office. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. For homeowners in Eagleville, the median home price is $161,000. The tax bills can vary significantly, with the 25th percentile paying around $476, while those in the 75th percentile face bills of about $1,397. The 90th percentile sees even higher tax bills, reaching up to $1,847. The highest and lowest median tax bills in the area both stand at $767, indicating some consistency within certain zip codes. Compared to the national median property tax rate of 0.99%, Eagleville's property taxes can have a substantial impact on homeowners, depending on the assessed value of their homes.
Average Eagleville Tax Bill
$767
Average Williamson County Tax Bill
$2,616
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagleville, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37060 | $360 | $476 | $767 | $1,397 | $1,847 |
Source: Ownwell