Nashville, Davidson County, Tennessee Property Taxes

Name: Property Tax Bills Across Nashville, Davidson County, Tennessee
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Nashville, TN effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Nashville, TN home value: $319,400
Median annual Nashville, TN tax bill: $3,025, $625 higher than the national median property tax bill of $2,400.

How are property taxes in Davidson calculated?

Property taxes in Nashville, 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 Nashville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nashville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Nashville, Davidson County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$3,034

$2,816

Ownwell’s Nashville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nashville with just two data points. By entering your property's estimated assessed value, our calculator applies Nashville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Davidson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Nashville, Davidson County, Tennessee

Local government entities determine tax rates, which can significantly differ within Tennessee. Each year, counties like Davidson estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Nashville, located in Davidson County, the effective property tax rate is 0.95%, which is lower than the national median property tax rate of 1.02%. This rate is consistent across the city, with the highest and lowest median tax rates both at 0.95%. When compared to other cities in Tennessee, Nashville's tax rate is quite competitive. It offers a more affordable option for property owners compared to the national landscape.

Understanding these rates is crucial for property owners looking to manage their finances effectively. By comparing Nashville's effective property tax rate to other cities in Tennessee and the U.S., property owners can make informed decisions about their investments and potential savings.

Property Tax Rates Across Nashville, Davidson County, Tennessee

Source: Ownwell

0.95%

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 Nashville Tax Rate

0.95%

Median Effective Davidson County Tax Rate

0.95%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Nashville, Davidson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37201	0.95%	0.95%	0.95%	0.95%	0.95%
37203	0.95%	0.95%	0.95%	0.95%	0.95%
37204	0.95%	0.95%	0.95%	0.95%	0.95%
37205	0.95%	0.95%	0.95%	0.95%	0.95%
37206	0.95%	0.95%	0.95%	0.95%	0.95%
37207	0.95%	0.95%	0.95%	0.95%	0.95%
37208	0.95%	0.95%	0.95%	0.95%	0.95%
37209	0.95%	0.95%	0.95%	0.95%	0.95%
37210	0.95%	0.95%	0.95%	0.95%	0.95%
37211	0.95%	0.95%	0.95%	0.95%	0.95%
37212	0.95%	0.95%	0.95%	0.95%	0.95%
37214	0.95%	0.95%	0.95%	0.95%	0.95%
37215	0.95%	0.95%	0.95%	0.95%	0.95%
37216	0.95%	0.95%	0.95%	0.95%	0.95%
37217	0.95%	0.95%	0.95%	0.95%	0.95%
37218	0.95%	0.95%	0.95%	0.95%	0.95%
37219	0.95%	0.95%	0.95%	0.95%	0.95%
37220	0.95%	0.95%	0.95%	0.95%	0.95%
37221	0.95%	0.95%	0.95%	0.95%	0.95%
37213	N/A	N/A	N/A	N/A	N/A
37228	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Nashville, Davidson County, Tennessee

When examining property taxes in Nashville, 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 Davidson 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.

In Davidson 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 Nashville.

For example, the median home price in Nashville is $319,400, with tax bills ranging significantly across the county. Zip code 37215 has the highest median home price at $733,300.

Property Tax Assessment Values Across Nashville, Davidson County, Tennessee

Source: Ownwell

$191,850

$462,575

$733,300

Median Nashville Market Value

$319,400

Median Davidson County Market Value

$291,900

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Nashville, Davidson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37201	$275,000	$297,700	$362,900	$464,100	$635,400
37203	$227,120	$297,550	$429,100	$612,325	$815,860
37204	$288,490	$441,125	$603,700	$819,600	$1,083,360
37205	$269,800	$415,000	$630,700	$1,011,850	$1,765,130
37206	$244,660	$300,900	$385,500	$511,200	$636,100
37207	$154,520	$188,500	$239,900	$312,900	$404,920
37208	$149,850	$194,875	$304,050	$427,625	$555,600
37209	$148,000	$255,100	$342,500	$473,300	$592,700
37210	$146,580	$193,300	$234,500	$307,575	$440,350
37211	$164,500	$211,900	$269,400	$346,300	$432,150
37212	$185,000	$327,700	$568,550	$785,050	$1,119,080
37214	$178,800	$213,900	$256,700	$309,600	$371,320
37215	$245,200	$423,400	$733,300	$1,065,900	$1,643,100
37216	$214,700	$269,300	$325,700	$406,500	$483,000
37217	$144,800	$179,500	$219,800	$261,700	$301,500
37218	$130,450	$165,000	$211,900	$298,125	$393,100
37219	$161,700	$279,700	$358,000	$555,100	$710,580
37220	$377,900	$438,300	$554,600	$852,850	$1,519,100
37221	$209,100	$272,100	$329,100	$404,600	$494,240
37213	N/A	N/A	N/A	N/A	N/A
37228	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Nashville, Davidson County, Tennessee

In Nashville, Davidson County, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which is determined by the local assessor's office. Homeowners in Nashville face a median property tax bill that often surpasses the national median of $2400. For example, in the 37215 zip code, the highest median tax bill reaches $6944, while the 37218 zip code sees the lowest at $2007. Factors influencing these variations include location, property size, and local government budgets. Higher tax bills can place a significant financial burden on homeowners, especially when market values rise. Ownwell offers a solution by providing expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities. This service can result in substantial savings, ensuring that homeowners only pay their fair share in property taxes.

Property Tax Bills Across Nashville, Davidson County, Tennessee

Source: Ownwell

$1,817

$4,381

$6,944

Median Nashville Tax Bill

$3,025

Median Davidson County Tax Bill

$2,764

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Nashville, Davidson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37201	$2,604	$2,819	$3,437	$4,395	$6,017
37203	$2,151	$2,818	$4,064	$5,799	$7,726
37204	$2,732	$4,177	$5,717	$7,762	$10,259
37205	$2,555	$3,930	$5,973	$9,582	$16,716
37206	$2,317	$2,850	$3,651	$4,841	$6,024
37207	$1,463	$1,785	$2,272	$2,963	$3,835
37208	$1,419	$1,845	$2,879	$4,050	$5,262
37209	$1,402	$2,416	$3,243	$4,482	$5,613
37210	$1,388	$1,831	$2,221	$2,913	$4,170
37211	$1,558	$2,007	$2,551	$3,279	$4,093
37212	$1,752	$3,103	$5,384	$7,434	$10,598
37214	$1,694	$2,026	$2,431	$2,932	$3,516
37215	$2,322	$4,010	$6,944	$10,094	$15,560
37216	$2,033	$2,550	$3,084	$3,850	$4,574
37217	$1,371	$1,700	$2,082	$2,478	$2,855
37218	$1,236	$1,563	$2,007	$2,822	$3,723
37219	$1,531	$2,649	$3,390	$5,257	$6,729
37220	$3,579	$4,151	$5,252	$8,076	$14,386
37221	$1,980	$2,577	$3,117	$3,832	$4,680
37213	N/A	N/A	N/A	N/A	N/A
37228	N/A	N/A	N/A	N/A	N/A

Source: Ownwell