Antioch, Tennessee Property Taxes
The median property tax rate in Antioch, TN is 0.95%, slightly below the national median of 0.99% but significantly higher than the Tennessee state median of 0.64%. With a median home value of $238,600 in Antioch, the typical annual property tax bill amounts to $2,260, which is under the national median of $2,690. Property taxes in Antioch are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Antioch's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Antioch or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Antioch, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$2,267
Ownwell’s Antioch Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antioch with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antioch 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 Antioch, Tennessee
Property taxes in Antioch, Tennessee, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antioch is 0.95%, slightly below the U.S. national median of 0.99%. Local government entities within Antioch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antioch 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 Antioch's effective property tax rate to other areas in Davidson County and the national median. For comparison, the zip code 37013 has the highest median property tax rate of 0.95%, while the same zip code also shows the lowest median tax rate of 0.95%. Understanding how these cities compare with Antioch provides valuable insights into the varying tax landscape across Davidson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antioch Tax Rate
0.95%
Average Davidson County Tax Rate
0.95%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antioch, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37013 | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Antioch, Tennessee
In Antioch, 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 Davidson County Assessor's Office 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 Antioch, 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 Antioch helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Antioch is $2,260 in the 37013 zip code, while the lowest median tax bill is also $2,260 in the same zip code.
Average Antioch Assessed Value
$238,600
Average Davidson County Assessed Value
$291,900
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antioch, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37013 | $174,400 | $201,975 | $238,600 | $289,200 | $334,600 |
Source: Ownwell
Property Tax Bills Across Antioch, Tennessee
In Antioch, located in Davidson County, TN, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The median home price in Antioch is $238,600. Local tax authorities apply the county’s tax rate to this assessed value to calculate the tax bill. Factors such as location, property size, and home improvements can influence the assessed value. Homeowners in Antioch can expect their tax bills to vary. For instance, the tax bill at the 25th percentile is $1,913, while at the 75th percentile, it rises to $2,739. At the 90th percentile, homeowners may see bills as high as $3,169. The median tax bill in the area is notably consistent, with the highest and lowest median tax bills both recorded at $2,260 within the zip code 37013. Compared to the national median property tax rate of 0.99%, Antioch's tax rates reflect the local economic conditions and property values, directly impacting homeowners' annual financial obligations.
Average Antioch Tax Bill
$2,260
Average Davidson County Tax Bill
$2,764
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Antioch, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37013 | $1,652 | $1,913 | $2,260 | $2,739 | $3,169 |
Source: Ownwell