Lincoln County, Tennessee Property Taxes

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

Median Lincoln County effective property tax rate: 0.53%, significantly lower than the national median of 1.02%.
Median Lincoln County home value: $117,700
Median annual Lincoln County tax bill: $686, $1,714 lower than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Lincoln 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 Fayetteville or another part of Lincoln County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lincoln County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$624

$579

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

Property Tax Rates Across Lincoln County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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. Votes and laws are involved in setting these rates and budgets, but this is the annual process in a nutshell.

In Lincoln County, Tennessee, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. With a median property tax rate of 0.53%, Lincoln County offers a more affordable option compared to many other regions. For residents, this means a lighter tax burden, especially when contrasted with the national median property tax bill of $2400. Whether you're considering settling down in Fayetteville, Frankewing, or elsewhere in Lincoln County, understanding these rates can help you make informed decisions. Comparing Lincoln County's effective property tax rate to other counties in Tennessee or the U.S. median property tax rate highlights the potential savings for property owners in this area.

Property Tax Rates Across Lincoln County, Tennessee

Source: Ownwell

0.53%

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 Lincoln County Tax Rate

0.53%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lincoln County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Ardmore	0.53%	0.53%	0.53%	0.53%	0.57%
Dellrose	0.53%	0.53%	0.53%	0.53%	0.53%
Elora	0.53%	0.53%	0.53%	0.53%	0.53%
Fayetteville	0.53%	0.53%	0.53%	0.90%	0.90%
Flintville	0.53%	0.53%	0.53%	0.53%	0.53%
Frankewing	0.53%	0.53%	0.53%	0.53%	0.53%
Kelso	0.52%	0.53%	0.53%	0.53%	0.53%
Mulberry	0.53%	0.53%	0.53%	0.53%	0.53%
Petersburg	0.53%	0.53%	0.53%	0.53%	0.71%
Taft	0.53%	0.53%	0.53%	0.53%	0.53%
Cornersville	N/A	N/A	N/A	N/A	N/A
Huntland	N/A	N/A	N/A	N/A	N/A
Pulaski	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lincoln County, Tennessee

When examining property taxes in Lincoln 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 Lincoln 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 Lincoln 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 Lincoln County.

For example, the median tax bill in Lincoln County is $736, with tax bills ranging significantly across the county. Taft has the highest median home price at $136,550.

Property Tax Assessment Values Across Lincoln County, Tennessee

Source: Ownwell

$103,100

$119,825

$136,550

Median Lincoln County Market Value

$117,700

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lincoln County, Tennessee

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Ardmore	$49,120	$92,000	$136,500	$221,300	$335,920
Dellrose	$40,150	$75,950	$114,800	$195,500	$286,300
Elora	$42,200	$73,850	$114,600	$167,225	$261,010
Fayetteville	$53,600	$83,450	$117,000	$184,000	$267,620
Flintville	$38,900	$70,700	$111,800	$168,400	$245,940
Frankewing	$50,480	$82,975	$131,300	$211,350	$315,360
Kelso	$31,400	$53,100	$103,100	$165,000	$249,900
Mulberry	$44,960	$70,450	$125,000	$199,950	$313,190
Petersburg	$42,160	$68,925	$108,550	$185,975	$282,570
Taft	$47,230	$82,050	$136,550	$215,125	$311,910
Cornersville	N/A	N/A	N/A	N/A	N/A
Huntland	N/A	N/A	N/A	N/A	N/A
Pulaski	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lincoln County, Tennessee

In Lincoln County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the county is $117,700. Local tax rates are then applied to this assessed value to determine the annual property tax bill. Factors such as location, home size, and property improvements can influence the assessed value, thereby affecting the tax bill. Homeowners in Lincoln County experience a range of tax bills. For instance, those in the 25th percentile pay around $473, while those in the 75th percentile see bills of approximately $1,060. At the higher end, the 90th percentile tax bill reaches $1,578. Comparatively, the national median property tax bill is $2,400, indicating Lincoln County residents generally pay less. Ardmore has the highest median tax bill at $736, while Kelso has the lowest at $542. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.

Property Tax Bills Across Lincoln County, Tennessee

Source: Ownwell

$542

$639

$736

Median Lincoln County Tax Bill

$686

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Lincoln County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Ardmore	$258	$492	$736	$1,169	$1,774
Dellrose	$202	$396	$603	$1,027	$1,504
Elora	$225	$391	$602	$875	$1,361
Fayetteville	$348	$514	$712	$1,093	$1,616
Flintville	$203	$371	$593	$890	$1,294
Frankewing	$265	$436	$690	$1,110	$1,658
Kelso	$165	$281	$542	$873	$1,326
Mulberry	$230	$370	$657	$1,050	$1,646
Petersburg	$241	$399	$595	$993	$1,498
Taft	$248	$431	$718	$1,129	$1,641
Cornersville	N/A	N/A	N/A	N/A	N/A
Huntland	N/A	N/A	N/A	N/A	N/A
Pulaski	N/A	N/A	N/A	N/A	N/A

Source: Ownwell