Woodbury, Cannon County, Tennessee Property Taxes
Median Woodbury, TN effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%. Median Woodbury, TN home value: $129,000. Median annual Woodbury, TN tax bill: $867, $1,533 lower than the national median property tax bill of $2,400.
How are property taxes in Cannon calculated?
Property taxes in Woodbury, TN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Woodbury’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Woodbury, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Woodbury, Cannon County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$800
$742
Property Tax Rates Across Woodbury, Cannon County, Tennessee
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Woodbury’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S. In Woodbury, located in Cannon County, the property tax rate stands at 0.62%, which is significantly below the national median of 1.02%. This makes Woodbury an attractive location for property owners seeking lower tax rates. With the highest and lowest median tax rates in the same zip code, Woodbury offers consistency in property tax expectations. The affordability of property taxes in Woodbury, compared to the national median, provides a compelling reason for property owners to consider this region. Whether you're a current homeowner or looking to invest, understanding the local tax landscape can be crucial in making informed decisions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Woodbury Tax Rate
0.62%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cannon County Tax Rate
0.62%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Woodbury, Cannon County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37190 | 0.61% | 0.61% | 0.62% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Woodbury, Cannon County, Tennessee
When examining property taxes in Woodbury, TN, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cannon County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Cannon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Woodbury. For example, the median home price in Woodbury is $129,000, with tax bills ranging significantly across the county. 37190 has the highest median home price at $129,000.
Property Tax Assessment Values Across Woodbury, Cannon County, Tennessee
Source: Ownwell
$99,850
$137,825
$175,800
Median Woodbury Market Value
$129,000
Median Cannon County Market Value
$129,400
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Woodbury, Cannon County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37190 | $52,740 | $82,000 | $129,000 | $192,100 | $270,580 |
Source: Ownwell
Property Tax Bills Across Woodbury, Cannon County, Tennessee
Median Woodbury Tax Bill
$867
Median Cannon County Tax Bill
$846
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Woodbury, Cannon County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37190 | $365 | $569 | $867 | $1,258 | $1,784 |
Source: Ownwell