Giles County, Tennessee Property Taxes
The median property tax rate in Giles County is 0.50%, 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 Giles County, the typical annual property tax bill is $838, far below the national median of $2,690. Property taxes in Giles County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Giles County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Pulaski or another part of Giles County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Giles County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$780
$723
Ownwell’s Giles County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Giles County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Giles County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Giles County, Tennessee
Property taxes in Giles County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Giles County is 0.50%, which is lower than the U.S. national median of 0.99%. Local government entities within Giles County set these rates annually, and they can vary significantly between different areas within the county. Each year, Giles County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Ardmore has one of the higher property tax rates in the region at 0.54%, while the city of Dellrose boasts one of the lowest at 0.50%. Analyzing how Giles County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Giles County Tax Rate
0.50%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Giles County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ardmore | 0.50% | 0.50% | 0.54% | 0.54% | 0.54% |
| Cornersville | 0.49% | 0.50% | 0.50% | 0.50% | 0.53% |
| Culleoka | 0.50% | 0.50% | 0.50% | 0.50% | 0.51% |
| Dellrose | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| Ethridge | 0.50% | 0.50% | 0.50% | 0.50% | 0.54% |
| Frankewing | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| Goodspring | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| Lawrenceburg | 0.50% | 0.50% | 0.50% | 0.50% | 0.58% |
| Leoma | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| Lynnville | 0.50% | 0.50% | 0.50% | 0.52% | 0.59% |
| Minor Hill | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| Mount Pleasant | 0.50% | 0.50% | 0.50% | 0.50% | 0.67% |
| Petersburg | 0.50% | 0.50% | 0.50% | 0.50% | 0.59% |
| Prospect | 0.50% | 0.50% | 0.50% | 0.50% | 0.58% |
| Pulaski | 0.50% | 0.50% | 0.50% | 0.60% | 0.60% |
| Summertown | 0.50% | 0.50% | 0.50% | 0.50% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Giles County, Tennessee
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Giles County, TN. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Giles County Appraisal District. The assessed value, however, 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. Assessment notices in Giles County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, LEOMA has the highest median tax bill at $996, while FRANKEWING has the lowest at $515. Being aware of these valuation processes in Giles County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Giles County, Tennessee
Source: Ownwell
$103,700
$152,150
$200,600
Average Giles County Assessed Value
$155,900
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Giles County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ardmore | $76,600 | $119,200 | $171,400 | $257,800 | $385,220 |
| Cornersville | $60,060 | $103,700 | $183,600 | $287,750 | $397,640 |
| Culleoka | $47,730 | $64,175 | $176,200 | $214,125 | $292,010 |
| Dellrose | $50,490 | $87,825 | $170,500 | $266,025 | $391,980 |
| Ethridge | $51,900 | $89,975 | $155,900 | $237,050 | $334,800 |
| Frankewing | $43,020 | $78,200 | $103,700 | $146,250 | $247,000 |
| Goodspring | $59,600 | $99,125 | $144,250 | $214,025 | $283,550 |
| Lawrenceburg | $52,310 | $94,000 | $147,750 | $233,975 | $333,410 |
| Leoma | $81,500 | $119,900 | $200,600 | $308,200 | $422,760 |
| Lynnville | $50,000 | $97,000 | $164,650 | $271,000 | $433,550 |
| Minor Hill | $67,620 | $101,750 | $145,200 | $205,250 | $318,820 |
| Mount Pleasant | $28,400 | $48,250 | $127,700 | $194,725 | $326,500 |
| Petersburg | $32,760 | $48,700 | $119,700 | $209,050 | $359,560 |
| Prospect | $50,300 | $92,250 | $146,450 | $235,850 | $345,940 |
| Pulaski | $60,900 | $105,625 | $156,700 | $232,500 | $346,790 |
| Summertown | $26,950 | $45,650 | $104,850 | $168,725 | $264,210 |
Source: Ownwell
Property Tax Bills Across Giles County, Tennessee
In Giles County, TN, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Homeowners in Giles County see their tax bills influenced by several factors, including the property's location, size, and use. The median home price in Giles County is $155,900, with tax bills varying significantly across different percentiles. For example, the 25th percentile tax bill is $544, while the 75th percentile tax bill is $1,256, and the 90th percentile tax bill reaches $1,853. Compared to the national median property tax rate of 0.99%, Giles County's property tax rates can result in relatively moderate tax bills. The highest median tax bill in the county is found in Leoma at $996, whereas Frankewing has the lowest median tax bill at $515. These variances affect homeowners differently, depending on their property's assessed value and location, ultimately influencing their annual financial planning and budgeting.
Average Giles County Tax Bill
$838
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Giles County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ardmore | $402 | $626 | $909 | $1,366 | $2,041 |
| Cornersville | $305 | $491 | $913 | $1,472 | $2,021 |
| Culleoka | $235 | $409 | $894 | $1,066 | $1,544 |
| Dellrose | $230 | $422 | $876 | $1,321 | $1,947 |
| Ethridge | $258 | $453 | $806 | $1,231 | $1,727 |
| Frankewing | $213 | $388 | $515 | $714 | $1,226 |
| Goodspring | $294 | $492 | $717 | $1,070 | $1,424 |
| Lawrenceburg | $254 | $468 | $758 | $1,168 | $1,731 |
| Leoma | $426 | $596 | $996 | $1,530 | $2,099 |
| Lynnville | $245 | $517 | $872 | $1,404 | $2,272 |
| Minor Hill | $323 | $502 | $710 | $1,016 | $1,598 |
| Mount Pleasant | $141 | $288 | $686 | $993 | $1,622 |
| Petersburg | $162 | $242 | $620 | $1,112 | $1,785 |
| Prospect | $251 | $467 | $748 | $1,209 | $1,730 |
| Pulaski | $324 | $587 | $865 | $1,261 | $1,825 |
| Summertown | $136 | $226 | $555 | $842 | $1,529 |
Source: Ownwell