Gibson County, Tennessee Property Taxes

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

Median Gibson County effective property tax rate: 0.76%, significantly lower than the national median of 1.02%.
Median Gibson County home value: $77,800
Median annual Gibson County tax bill: $563, $1,837 lower than the national median property tax bill of $2,400.

How are property taxes in Gibson County calculated?

Property taxes in Gibson County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Trenton or another part of Gibson County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gibson County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$591

$549

Ownwell’s Gibson County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gibson County with just two data points. By entering your property's estimated assessed value, our calculator applies Gibson County’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 more 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 Gibson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gibson County, Tennessee

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential 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.

Below, you can compare Gibson County's effective property tax rate to other counties in Tennessee or the U.S. median property tax rate. Gibson County has a median property tax rate of 0.76%, which is significantly lower than the national median of 1.02%. This lower rate makes Gibson County an attractive location for property owners looking to save on taxes. However, within Gibson County, the city of Gibson has the highest median tax rate at 1.02%, while the city of Bradford boasts the lowest at 0.75%. These variations highlight the importance of understanding local tax rates when considering property investments.

Property Tax Rates Across Gibson County, Tennessee

Source: Ownwell

0.26%

0.64%

1.02%

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 Gibson County Tax Rate

0.76%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gibson County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Atwood	0.75%	0.75%	0.80%	0.80%	0.80%
Bradford	0.75%	0.75%	0.75%	1.23%	1.23%
Dyer	0.76%	0.76%	0.76%	0.76%	0.76%
Gibson	1.02%	1.02%	1.02%	1.02%	1.02%
Humboldt	0.26%	0.26%	0.26%	0.76%	0.76%
Kenton	0.76%	0.76%	0.86%	0.86%	0.86%
Medina	0.76%	0.76%	0.76%	0.76%	0.76%
Milan	0.76%	0.80%	0.80%	0.80%	0.80%
Newbern	0.76%	0.76%	0.76%	0.76%	0.90%
Rutherford	0.76%	0.76%	0.76%	0.76%	0.76%
Trenton	0.76%	0.78%	0.79%	0.79%	0.79%
Yorkville	0.76%	0.90%	0.90%	0.90%	0.90%
Eaton	N/A	N/A	N/A	N/A	N/A
Gadsden	N/A	N/A	N/A	N/A	N/A
Trimble	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gibson County, Tennessee

When examining property taxes in Gibson County, 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 Gibson 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. Assessment notices: In Gibson 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 Gibson County. For example, the median tax bill in Gibson County is $778, with tax bills ranging significantly across the county. Medina has the highest median home price at $165,300.

Property Tax Assessment Values Across Gibson County, Tennessee

Source: Ownwell

$58,600

$111,950

$165,300

Median Gibson County Market Value

$77,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gibson County, Tennessee

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Atwood	$29,740	$51,750	$78,300	$162,700	$248,800
Bradford	$28,420	$44,000	$69,800	$113,550	$187,800
Dyer	$30,660	$43,400	$68,700	$109,450	$171,100
Gibson	$23,500	$45,600	$58,600	$71,150	$90,860
Humboldt	$23,650	$35,125	$63,900	$108,600	$191,900
Kenton	$24,460	$43,000	$71,300	$117,100	$175,220
Medina	$64,740	$119,400	$165,300	$215,000	$270,420
Milan	$31,400	$48,200	$81,800	$131,950	$196,660
Newbern	$33,650	$51,600	$82,300	$145,275	$238,630
Rutherford	$29,500	$44,500	$66,400	$103,750	$171,020
Trenton	$26,830	$41,900	$69,350	$116,800	$180,610
Yorkville	$55,630	$68,450	$82,200	$101,000	$118,050
Eaton	N/A	N/A	N/A	N/A	N/A
Gadsden	N/A	N/A	N/A	N/A	N/A
Trimble	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gibson County, Tennessee

In Gibson County, Tennessee, property tax bills are determined by assessing the value of a property and applying the local tax rate. The median home price in the county is $77,800, and property taxes are calculated based on this assessed value. Homeowners in Gibson County can expect a tax bill that varies widely, with the 25th percentile at $281 and the 75th percentile reaching $1,036, reflecting the diversity in property values and tax obligations within the county. The tax bill at the 90th percentile is $1,586, indicating that some properties incur significantly higher taxes. In Gibson County, the highest median tax bill is found in Medina at $1,262, while Humboldt has the lowest median tax bill at $215. These figures highlight the variability in tax burdens depending on location within the county. Compared to the national median property tax bill of $2,400, Gibson County generally has lower property tax bills, offering homeowners a relatively affordable tax environment.

Property Tax Bills Across Gibson County, Tennessee

Source: Ownwell

$215

$739

$1,262

Median Gibson County Tax Bill

$563

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Gibson County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Atwood	$224	$394	$606	$1,268	$1,995
Bradford	$242	$400	$665	$1,028	$1,506
Dyer	$236	$334	$535	$852	$1,307
Gibson	$232	$465	$598	$725	$927
Humboldt	$65	$105	$215	$548	$1,182
Kenton	$206	$380	$587	$994	$1,475
Medina	$482	$910	$1,262	$1,622	$2,042
Milan	$251	$387	$672	$1,066	$1,612
Newbern	$260	$407	$693	$1,127	$1,815
Rutherford	$228	$341	$513	$815	$1,305
Trenton	$210	$330	$545	$922	$1,420
Yorkville	$496	$604	$722	$902	$1,064
Eaton	N/A	N/A	N/A	N/A	N/A
Gadsden	N/A	N/A	N/A	N/A	N/A
Trimble	N/A	N/A	N/A	N/A	N/A

Source: Ownwell