Bon Aqua, Dickson County, Tennessee Property Taxes
Median Bon Aqua, TN effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Bon Aqua, TN home value: $243,600
Median annual Bon Aqua, TN tax bill: $1,431, $969 lower than the national median property tax bill of $2,400.
How are property taxes in Dickson County calculated?
Property taxes in Bon Aqua, 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 Bon Aqua’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bon Aqua, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bon Aqua, Dickson County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$1,437
$1,334
Property Tax Rates Across Bon Aqua, Dickson County, Tennessee
Local government entities establish tax rates, which can vary significantly within a state. Each year, counties estimate their necessary budget to provide essential services and divide this by the total value of all taxable property within their boundaries. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the annual process in essence.
In Bon Aqua, located in Dickson County, TN, the effective property tax rate can be compared to other cities within Tennessee and the national median. Tennessee's median property tax rate is notably lower than the national median, making it an attractive option for property owners looking to minimize their tax burden. While Bon Aqua's tax rate aligns with the state's median, it remains significantly below the national average, offering a financial advantage to residents. This lower rate can result in considerable savings over time, especially when compared to states with higher property tax rates. Understanding these differences can help property owners make informed decisions about their investments and potential savings.
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 Bon Aqua Tax Rate
0.59%
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 Dickson County Tax Rate
0.59%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bon Aqua, Dickson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37025 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Bon Aqua, Dickson County, Tennessee
When examining property taxes in Bon Aqua, 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 Dickson County Assessor's Office 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 Dickson 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 Bon Aqua.
For example, the median home price in Bon Aqua is $243,600, with tax bills ranging significantly across the county. Zip code 37025 has the highest median home price at $243,600.
Property Tax Assessment Values Across Bon Aqua, Dickson County, Tennessee
Source: Ownwell
$124,100
$188,150
$252,200
Median Bon Aqua Market Value
$243,600
Median Dickson County Market Value
$180,000
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bon Aqua, Dickson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37025 | $93,050 | $156,275 | $243,600 | $328,525 | $424,270 |
Source: Ownwell
Property Tax Bills Across Bon Aqua, Dickson County, Tennessee
In Bon Aqua, property tax bills are calculated based on the assessed value of a home. The local government assesses properties and applies the tax rate to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value and the applicable tax rate set by local authorities. Homeowners in Bon Aqua face a median property tax bill of $1,431, which is significantly lower than the national median of $2,400. This offers a financial advantage to residents, yet there is still potential for savings.
Ownwell provides expert property tax appeal and exemption services to help homeowners reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist in appealing over-assessments, potentially lowering tax bills. With a dedicated team of professionals, Ownwell ensures that homeowners in Bon Aqua pay only their fair share of property taxes, maximizing savings and offering peace of mind.
Median Bon Aqua Tax Bill
$1,431
Median Dickson County Tax Bill
$1,201
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Bon Aqua, Dickson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37025 | $547 | $918 | $1,431 | $1,930 | $2,492 |
Source: Ownwell