Crockett County Property Taxes
The median property tax rate in Crockett County is 0.56%, which is significantly lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Crockett County at $110,100, the typical annual property tax bill is $616, far below the national median of $2,690. Property taxes in Crockett County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Crockett County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Alamo or another part of Crockett County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crockett County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$617
Ownwell’s Crockett County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Crockett County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Crockett 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 Crockett County, Tennessee
Property taxes in Crockett County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Crockett County is 0.56%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Crockett County set these rates annually, and they can vary significantly between different areas within the county. Each year, Crockett 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 Crockett County's effective property tax rate with other counties in Tennessee and the national median. For comparison, the city of Maury City has one of the higher property tax rates in Tennessee at 0.56%, while the city of Crockett Mills boasts one of the lowest at 0.56%. Analyzing how Crockett County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Crockett County Tax Rate
0.56%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crockett County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alamo | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Bells | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Crockett Mills | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Friendship | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Gadsden | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Halls | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Humboldt | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
| Maury City | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Crockett County, Tennessee
In Crockett 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 Crockett 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 Crockett 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 Crockett County, the city with the highest median tax bill is Bells at $714, while Maury City has the lowest median tax bill at $439. With a median home price of $110,100, 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 Crockett County, Tennessee
Source: Ownwell
$78,700
$102,800
$126,900
Average Crockett County Assessed Value
$110,100
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crockett County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alamo | $36,400 | $64,600 | $102,000 | $157,100 | $243,960 |
| Bells | $50,540 | $87,800 | $126,900 | $178,250 | $250,520 |
| Crockett Mills | $86,040 | $87,450 | $89,800 | $92,150 | $93,560 |
| Friendship | $29,600 | $60,900 | $96,250 | $144,825 | $222,470 |
| Gadsden | $41,220 | $70,900 | $108,300 | $188,075 | $288,670 |
| Halls | $40,060 | $62,950 | $100,000 | $167,250 | $293,000 |
| Humboldt | $33,080 | $74,550 | $123,600 | $229,675 | $359,460 |
| Maury City | $37,820 | $54,900 | $78,700 | $83,000 | $121,580 |
Source: Ownwell
Property Tax Bills Across Crockett County, Tennessee
In Crockett County, TN, property tax bills are calculated based on the assessed value of a property and the applicable tax rate. The assessed value is a percentage of the property's market value, which is determined by the local assessor's office. In Crockett County, the tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, market value, and any applicable exemptions or deductions. For instance, homeowners in Bells experience the highest median tax bill at $714, while those in Maury City see the lowest median tax bill at $439. Homeowners in Crockett County face a range of tax bills, with the 25th percentile at $390 and the 75th percentile at $943. The tax bill can significantly impact homeowners, affecting monthly mortgage payments and overall housing affordability. Compared to the national median property tax rate of 0.99%, Crockett County offers relatively moderate tax rates, providing some financial relief to its residents.
Average Crockett County Tax Bill
$616
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Crockett County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alamo | $203 | $365 | $572 | $875 | $1,352 |
| Bells | $279 | $488 | $714 | $1,001 | $1,445 |
| Crockett Mills | $478 | $486 | $499 | $512 | $520 |
| Friendship | $165 | $340 | $536 | $806 | $1,217 |
| Gadsden | $228 | $394 | $604 | $1,054 | $1,604 |
| Halls | $226 | $351 | $558 | $944 | $1,631 |
| Humboldt | $184 | $415 | $690 | $1,277 | $2,014 |
| Maury City | $208 | $349 | $439 | $515 | $678 |
Source: Ownwell