Hickman County, Tennessee Property Taxes
The median property tax rate in Hickman County is 0.58%, 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 Hickman County at $65,800, the typical annual property tax bill is approximately $379, far below the national median of $2,690. Property taxes in Hickman County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Hickman 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 Centerville or another part of Hickman County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hickman County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$382
$354
Ownwell’s Hickman County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hickman County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hickman 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 Hickman County, Tennessee
Property taxes in Hickman County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hickman County is 0.58%, which is lower than the U.S. national median of 0.99%. Local government entities within Hickman County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hickman 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 Centerville has one of the higher property tax rates in Tennessee at 0.58%, while the city of Lobelville boasts one of the lowest at 0.47%. Analyzing how Hickman County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hickman County Tax Rate
0.58%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hickman County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bon Aqua | 0.54% | 0.58% | 0.58% | 0.58% | 0.58% |
| Centerville | 0.50% | 0.58% | 0.58% | 0.82% | 0.82% |
| Dickson | 0.37% | 0.51% | 0.58% | 0.58% | 0.58% |
| Duck River | 0.38% | 0.51% | 0.58% | 0.58% | 0.58% |
| Hampshire | 0.41% | 0.49% | 0.58% | 0.58% | 0.58% |
| Hohenwald | 0.44% | 0.48% | 0.58% | 0.58% | 0.58% |
| Linden | N/A | N/A | N/A | N/A | N/A |
| Lobelville | N/A | N/A | N/A | N/A | N/A |
| Lyles | 0.54% | 0.58% | 0.58% | 0.58% | 0.58% |
| Mc Ewen | 0.39% | 0.49% | 0.58% | 0.58% | 0.59% |
| Nunnelly | 0.56% | 0.56% | 0.56% | 0.58% | 0.59% |
| Only | 0.35% | 0.47% | 0.58% | 0.58% | 0.58% |
| Pleasantville | 0.39% | 0.53% | 0.58% | 0.58% | 0.58% |
| Primm Springs | 0.38% | 0.50% | 0.58% | 0.58% | 0.58% |
| Williamsport | 0.35% | 0.42% | 0.54% | 0.58% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Hickman County, Tennessee
In Hickman County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Hickman 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 Hickman 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. In Hickman County, the city with the highest median tax bill is Williamsport at $862, while Mc Ewen has the lowest at $275. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Hickman County Assessed Value
$65,800
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hickman County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bon Aqua | $22,460 | $43,100 | $114,000 | $194,700 | $310,280 |
| Centerville | $14,900 | $36,300 | $104,900 | $181,100 | $279,920 |
| Dickson | $18,030 | $40,975 | $121,450 | $204,400 | $334,770 |
| Duck River | $16,850 | $36,300 | $105,200 | $204,725 | $382,750 |
| Hampshire | $15,580 | $21,300 | $106,000 | $169,300 | $259,400 |
| Hohenwald | $24,200 | $62,850 | $130,450 | $203,250 | $496,680 |
| Linden | N/A | N/A | N/A | N/A | N/A |
| Lobelville | N/A | N/A | N/A | N/A | N/A |
| Lyles | $23,900 | $46,400 | $104,300 | $176,700 | $261,180 |
| Mc Ewen | $12,960 | $18,900 | $61,150 | $162,625 | $280,190 |
| Nunnelly | $1,800 | $1,800 | $1,800 | $29,400 | $134,200 |
| Only | $14,880 | $24,875 | $93,150 | $221,275 | $368,680 |
| Pleasantville | $20,700 | $38,200 | $87,900 | $177,400 | $307,360 |
| Primm Springs | $25,440 | $54,700 | $147,500 | $264,300 | $447,560 |
| Williamsport | $28,300 | $89,500 | $174,200 | $302,700 | $628,680 |
Source: Ownwell
Property Tax Bills Across Hickman County, Tennessee
In Hickman County, TN, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is a percentage of the market value of your property. Several factors influence the final tax bill, including the property's location, size, and condition. For instance, homes in Williamsport have the highest median tax bill at $862, while those in Mc Ewen have the lowest at $275. The tax rate in Hickman County is then applied to the assessed value to determine the annual property tax bill. This rate can vary, affecting homeowners differently. For example, the 25th percentile tax bill is $77, while the 75th percentile is $903, and the 90th percentile reaches $1476. These variations can significantly impact homeowners, making it essential to understand how these factors come together to influence your property tax obligations. Compared to the national median property tax rate of 0.99%, Hickman County's rates offer a diverse range of tax liabilities for its residents.
Average Hickman County Tax Bill
$379
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Hickman County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bon Aqua | $126 | $247 | $641 | $1,076 | $1,695 |
| Centerville | $97 | $227 | $682 | $1,212 | $1,750 |
| Dickson | $104 | $210 | $623 | $1,027 | $1,730 |
| Duck River | $101 | $210 | $552 | $1,017 | $1,695 |
| Hampshire | $87 | $120 | $508 | $964 | $1,074 |
| Hohenwald | $138 | $315 | $592 | $986 | $2,615 |
| Linden | N/A | N/A | N/A | N/A | N/A |
| Lobelville | N/A | N/A | N/A | N/A | N/A |
| Lyles | $135 | $266 | $583 | $967 | $1,366 |
| Mc Ewen | $75 | $110 | $275 | $829 | $1,331 |
| Nunnelly | $10 | $10 | $10 | $166 | $766 |
| Only | $87 | $142 | $526 | $1,043 | $1,712 |
| Pleasantville | $115 | $222 | $490 | $866 | $1,501 |
| Primm Springs | $144 | $295 | $785 | $1,296 | $2,227 |
| Williamsport | $160 | $483 | $862 | $1,508 | $2,433 |
Source: Ownwell