White Bluff, Tennessee Property Taxes
The median property tax rate in White Bluff, TN is 0.74%, which is lower than the national median of 0.99% but higher than the Tennessee state median of 0.64%. With the median home value in White Bluff at $170,800, the typical annual property tax bill is approximately $1,159, significantly below the national median of $2,690. Property taxes in White Bluff are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding White Bluff's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of White Bluff or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
White Bluff, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$1,264
$1,173
Ownwell’s White Bluff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in White Bluff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in White Bluff 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 White Bluff, Tennessee
Property taxes in White Bluff, Tennessee, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in White Bluff is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within White Bluff set these rates annually, and they can vary significantly across different neighborhoods. Each year, White Bluff 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. For comparison, the 37187 zip code has both the highest and lowest median property tax rate of 0.74%, reflecting a uniform rate across the area. Understanding how White Bluff's tax rate compares with the national median provides valuable insights into the varying tax landscape across Dickson County, helping homeowners gain a clearer picture of their property tax obligations relative to other regions.
Average White Bluff Tax Rate
0.74%
Average Dickson County Tax Rate
0.59%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Bluff, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37187 | 0.59% | 0.59% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across White Bluff, Tennessee
In White Bluff, Tennessee, understanding the distinction between "market value" and "assessed value" is essential for grasping 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 White Bluff, 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 White Bluff helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in White Bluff is $170,800, with tax bills ranging from $777 at the 25th percentile to $1,930 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 37187, with a median tax bill of $1,159.
Average White Bluff Assessed Value
$170,800
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 White Bluff, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37187 | $73,000 | $116,500 | $170,800 | $225,475 | $286,600 |
Source: Ownwell
Property Tax Bills Across White Bluff, Tennessee
In White Bluff, located in Dickson County, TN, property tax bills are determined by assessing the value of a home and applying the local tax rate. The median home price in White Bluff is $170,800, and the property tax rate is set by local authorities. Homeowners can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is approximately $777, while the 75th percentile tax bill reaches around $1,520. At the 90th percentile, tax bills can be as high as $1,930. These tax bills are influenced by various factors, including the assessed value of the property, any applicable exemptions, and the local tax rate. Comparatively, the national median property tax rate is 0.99%, making White Bluff's tax rates competitive. For homeowners, understanding these factors is crucial, as they directly impact annual financial planning and the overall cost of homeownership. Accurate assessments and awareness of potential exemptions can help mitigate the financial burden of property taxes.
Average White Bluff Tax Bill
$1,159
Average Dickson County Tax Bill
$1,201
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across White Bluff, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37187 | $458 | $777 | $1,159 | $1,520 | $1,930 |
Source: Ownwell