Pulaski, Giles County, Tennessee Property Taxes
The median property tax rate in Pulaski, TN is 0.50%, significantly lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Pulaski, the typical annual property tax bill reaches $865, well below the national median of $2,690. Property taxes in Pulaski are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions, like the primary residence and agricultural exemptions. Understanding Pulaski'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 Pulaski 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
Pulaski, Giles County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$784
$727
Ownwell’s Pulaski Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pulaski with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pulaski 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 Pulaski, Giles County, Tennessee
Property taxes in Pulaski, Tennessee, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pulaski is 0.50%, lower than the U.S. national median of 0.99%. Local government entities within Pulaski set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pulaski 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 Pulaski's effective property tax rate to other counties in Tennessee and the national median. For comparison, the 38478 zip code has both the highest and lowest median property tax rate of 0.50%. Understanding how these cities compare with Pulaski provides valuable insights into the varying tax landscape across Giles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pulaski Tax Rate
0.50%
Average Giles County Tax Rate
0.50%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pulaski, Giles County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38478 | 0.50% | 0.50% | 0.50% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Pulaski, Giles County, Tennessee
In Pulaski, 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 local appraisal authorities 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 Pulaski, 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 Pulaski helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both stand at $865 in the 38478 zip code, reflecting the area's relatively balanced property tax landscape.
Property Tax Assessment Values Across Pulaski, Giles County, Tennessee
Source: Ownwell
$103,700
$152,150
$200,600
Average Pulaski Assessed Value
$156,700
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 Pulaski, Giles County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38478 | $60,900 | $105,625 | $156,700 | $232,500 | $346,790 |
Source: Ownwell
Property Tax Bills Across Pulaski, Giles County, Tennessee
In Pulaski, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. For homeowners in Pulaski, the median home price stands at $156,700. Property tax rates in Pulaski are influenced by multiple factors, including the local tax rate set by Giles County and any applicable exemptions. Homeowners can expect tax bills to vary significantly within the city. At the 25th percentile, the tax bill is around $587, while at the 75th percentile, it rises to $1261. For those in the 90th percentile, the tax bill can reach up to $1825. The highest and lowest median tax bills in Pulaski are both $865, indicating a fairly consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Pulaski’s property tax rates are relatively moderate, making it an attractive place for homeowners looking for manageable property tax expenses.
Average Pulaski Tax Bill
$865
Average Giles County Tax Bill
$838
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Pulaski, Giles County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38478 | $324 | $587 | $865 | $1,261 | $1,825 |
Source: Ownwell