Robbins, Morgan County, Tennessee Property Taxes
The median property tax rate in Robbins, TN is 0.68%, slightly higher than the state median of 0.64% but lower than the national median of 0.99%. With a median home value of $81,000 in Robbins, the typical annual property tax bill is $545, significantly below the national median of $2,690. Property taxes in Robbins are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Robbins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Robbins 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
Robbins, Morgan County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$551
$511
Ownwell’s Robbins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Robbins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Robbins 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 Robbins, Morgan County, Tennessee
Property taxes in Robbins, Tennessee, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Robbins is 0.68%, lower than the U.S. national median of 0.99%. Local government entities within Robbins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robbins 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 Robbins' effective property tax rate to other areas in Tennessee and the national median. For comparison, the zip code 37852 has both the highest and lowest median property tax rate of 0.68%. Understanding how these areas compare with Robbins provides valuable insights into the varying tax landscape across Morgan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Robbins Tax Rate
0.68%
Average Morgan County Tax Rate
0.68%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Robbins, Morgan County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37852 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Robbins, Morgan County, Tennessee
In Robbins, 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 the Morgan County Appraisal District 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 Robbins, 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. For instance, the median home price in Robbins is $81,000, with tax bills ranging from $340 at the 25th percentile to $1,573 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Robbins, Morgan County, Tennessee
Source: Ownwell
$43,300
$118,525
$193,750
Average Robbins Assessed Value
$81,000
Average Morgan County Assessed Value
$87,650
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Robbins, Morgan County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37852 | $27,000 | $51,600 | $81,000 | $139,850 | $224,300 |
Source: Ownwell
Property Tax Bills Across Robbins, Morgan County, Tennessee
In Robbins, located in Morgan 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 Robbins is $81,000. Property taxes are then determined by applying the local tax rate to this assessed value. For homeowners, this means that their tax bill can vary significantly depending on the value of their property and the specific tax rate in their area. For example, the 25th percentile tax bill in Robbins is $340, while the 75th percentile tax bill is $924, and the 90th percentile tax bill reaches $1,573. These figures highlight the range of tax obligations homeowners might face. The highest and lowest median tax bills in Robbins are both $545, which is relatively moderate compared to the national median property tax rate of 0.99%. Understanding these factors is crucial for homeowners as it directly impacts their annual financial planning and overall cost of homeownership.
Average Robbins Tax Bill
$545
Average Morgan County Tax Bill
$603
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Robbins, Morgan County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37852 | $181 | $340 | $545 | $924 | $1,573 |
Source: Ownwell