Slayden, Tennessee Property Taxes
The median property tax rate in Slayden, TN is 0.59%, 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 Slayden at $160,100, the typical annual property tax bill comes to $941, well below the national median of $2,690. Property taxes in Slayden are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Slayden'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 Slayden or another part of Dickson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Slayden, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$945
Ownwell’s Slayden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Slayden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Slayden 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 Slayden, Tennessee
Property taxes in Slayden, Tennessee, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Slayden is 0.59%, which is lower than both the Tennessee state median and the U.S. national median of 0.99%. Local government entities within Slayden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Slayden 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 Slayden's effective property tax rate to other counties in Tennessee and the national median. For comparison, the 37165 zip code has the highest median property tax rate of 0.59%, while the same zip code also has the lowest median tax rate of 0.59%. Understanding how these cities compare with Slayden provides valuable insights into the varying tax landscape across Dickson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Slayden Tax Rate
0.59%
Average Dickson County Tax Rate
0.59%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Slayden, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37165 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Slayden, Tennessee
In Slayden, 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 Dickson County Appraisal District 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 Slayden, 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. For instance, the highest and lowest median tax bills in Slayden are both $941, with the zip code 37165. 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 Slayden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Slayden Assessed Value
$160,100
Average Dickson County Assessed Value
$180,000
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Slayden, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37165 | $160,100 | $160,100 | $160,100 | $160,100 | $160,100 |
Source: Ownwell
Property Tax Bills Across Slayden, Tennessee
In Slayden, located in Dickson County, TN, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and represents a percentage of the property's market value. For homeowners in Slayden, the median home price is $160,100. Property tax rates are applied to this assessed value to calculate the annual tax bill. In Slayden, the property tax rate results in a median tax bill of $941, which is significantly lower than the national median property tax rate of 0.99%. This lower tax burden can be a financial relief for homeowners, making Slayden an attractive place for property investment. Factors such as property size, location, and improvements can influence the assessed value, and thereby the tax bill. Homeowners in Slayden benefit from a predictable tax environment, as indicated by consistent tax bills at the 25th, 75th, and 90th percentiles, all amounting to $941. This stability aids in financial planning and budgeting for residents.
Average Slayden Tax Bill
$941
Average Dickson County Tax Bill
$1,201
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Slayden, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37165 | $941 | $941 | $941 | $941 | $941 |
Source: Ownwell