Decaturville, Decatur County, Tennessee Property Taxes
Median Decaturville, TN effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Decaturville, TN home value: $79,300
Median annual Decaturville, TN tax bill: $546, $1,854 lower than the national median property tax bill of $2,400.
How are property taxes in Decatur County calculated?
Property taxes in Decaturville, 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 Decaturville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Decaturville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Decaturville, Decatur County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$515
$478
Property Tax Rates Across Decaturville, Decatur County, Tennessee
Local government entities set tax rates, which can vary widely within a state. Why? Because 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.
In Decaturville, located in Decatur County, TN, the effective property tax rate is notably lower than the national median of 1.02%. This reflects a more favorable tax environment for property owners, which can be an attractive feature for potential buyers looking for lower tax liabilities. Compared to other cities in Tennessee, Decaturville maintains a competitive position with its property tax rate. This can be particularly appealing for those seeking to invest in property without the burden of high property taxes.
The lower property tax rate in Decaturville not only eases the financial load on homeowners but also enhances the overall appeal of the area as a desirable place to live or invest.
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 Decaturville Tax Rate
0.65%
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 Decatur County Tax Rate
0.65%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Decaturville, Decatur County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38329 | 0.64% | 0.64% | 0.65% | 0.65% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Decaturville, Decatur County, Tennessee
When examining property taxes in Decaturville, 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 Decatur 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 Decatur 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 Decaturville.
For example, the median home price in Decaturville is $79,300, with tax bills ranging significantly across the county. Zip code 38329 has the highest median home price at $79,300.
Property Tax Assessment Values Across Decaturville, Decatur County, Tennessee
Source: Ownwell
$66,100
$94,600
$123,100
Median Decaturville Market Value
$79,300
Median Decatur County Market Value
$75,850
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Decaturville, Decatur County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38329 | $25,790 | $44,275 | $79,300 | $133,025 | $209,630 |
Source: Ownwell
Property Tax Bills Across Decaturville, Decatur County, Tennessee
Median Decaturville Tax Bill
$546
Median Decatur County Tax Bill
$529
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Decaturville, Decatur County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38329 | $171 | $310 | $546 | $896 | $1,378 |
Source: Ownwell