Stantonville, Mcnairy County, Tennessee Property Taxes

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

Median Stantonville, TN effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Stantonville, TN home value: $128,500
Median annual Stantonville, TN tax bill: $509, $1,891 lower than the national median property tax bill of $2,400.

How are property taxes in McNairy calculated?

Property taxes in Stantonville, TN 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 Stantonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stantonville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Stantonville, Mcnairy County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.39%

Estimate Property Tax Bill

$501

$465

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

Property Tax Rates Across Stantonville, Mcnairy County, Tennessee

Local government entities set tax rates, which can vary widely within a state. In Stantonville, McNairy County, Tennessee, the effective property tax rate is notably lower than the national median. This variance is primarily due to the annual process where each county estimates its required budget for services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this calculation is at the core of determining local property taxes. Stantonville’s effective property tax rate is also below the Tennessee state median, offering a more affordable option for property owners compared to many other regions. This can be particularly appealing for homeowners seeking to minimize their tax expenses. By comparing Stantonville’s rates to other cities in Tennessee and the U.S. median, prospective property owners can better understand the financial benefits of owning property in this area. Understanding these differences can be crucial for making informed decisions regarding property investments and financial planning.

Property Tax Rates Across Stantonville, Mcnairy County, Tennessee

Source: Ownwell

0.39%

0.48%

0.57%

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 Stantonville Taxx Rate

0.39%

Median Effective Mcnairy County Taxx Rate

0.39%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Stantonville, Mcnairy County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38379	0.39%	0.39%	0.39%	0.39%	0.39%

Source: Ownwell

Property Tax Assessment Values Across Stantonville, Mcnairy County, Tennessee

When examining property taxes in Stantonville, TN, 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 McNairy County appraisal district 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.

In McNairy County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Stantonville. For example, the median home price in Stantonville is $128,500, with tax bills ranging significantly across the county. Zip code 38379 has the highest median home price at $128,500.

Property Tax Assessment Values Across Stantonville, Mcnairy County, Tennessee

Source: Ownwell

$73,550

$107,225

$140,900

Median Stantonville Market Value

$128,500

Median Mcnairy County Market Value

$107,300

Median Tennessee Market Value

$173,500

Median United States Market Value

$244,900

Property Tax Assessment Values Across Stantonville, Mcnairy County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38379	$34,240	$74,850	$128,500	$189,450	$292,000

Source: Ownwell

Property Tax Bills Across Stantonville, Mcnairy County, Tennessee

In Stantonville, located in McNairy County, TN, property tax bills are calculated based on the assessed value of the property. This assessed value is typically a percentage of the market value of the home. Homeowners in Stantonville face a median property tax bill of $509, which is considerably lower than the national median property tax bill of $2400. Factors influencing the tax bill include the property's assessed value and the local tax rate. For homeowners, these taxes can represent a significant annual expense, impacting their overall financial planning.

Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By analyzing the property's assessed value and comparing it with similar properties, Ownwell identifies discrepancies that could lead to a successful property tax appeal. This service can result in substantial savings for homeowners, ensuring they are not overpaying on their property taxes. With Ownwell's expertise, homeowners in Stantonville can confidently manage their property tax obligations and optimize their financial resources.

Property Tax Bills Across Stantonville, Mcnairy County, Tennessee

Source: Ownwell

$290

$423

$556

Median Stantonville Tax Bill

$509

Median Mcnairy County Tax Bill

$471

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,690

Property Tax Bills Across Stantonville, Mcnairy County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38379	$134	$296	$509	$748	$1,156

Source: Ownwell