Polk County Property Taxes
The median property tax rate in Polk County is 0.63%, which is lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Polk County at $48,850, the typical annual property tax bill is around $310, significantly below the national median of $2,690. Property taxes in Polk 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 Polk 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 Benton or another part of Polk County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Polk County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$308
$286
Ownwell’s Polk Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Polk with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Polk 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 Polk County, Tennessee
Property taxes in Polk County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Polk County is 0.63%, which is lower than the U.S. national median of 0.99%. Local government entities within Polk County set these rates annually, and they can vary significantly between different areas within the county. Each year, Polk 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. The following data compares Polk County's effective property tax rate with other counties in Tennessee and the national median. For comparison, the city of Columbus has one of the higher property tax rates in Tennessee at 0.63%, while the city of Lilburn boasts one of the lowest at 0.62%. Analyzing how Polk County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Polk County Tax Rate
0.63%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Polk County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Andrews | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Apison | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Apollo Beach | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Athens | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Augusta | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Bartow | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Benton | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Blue Ridge | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Bradenton | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Bunnell | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Calhoun | 0.63% | 0.63% | 0.63% | 0.63% | 0.65% |
| Carrollton | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Cartersville | N/A | N/A | N/A | N/A | N/A |
| Charleston | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Chatsworth | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Chattanooga | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Cleveland | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Columbus | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Copperhill | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Crandall | 0.61% | 0.62% | 0.62% | 0.62% | 0.63% |
| Dalton | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Decatur | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Delano | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Ducktown | 0.61% | 0.62% | 0.63% | 0.63% | 0.64% |
| Ellenwood | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Eminence | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Etowah | 0.62% | 0.63% | 0.63% | 0.63% | 0.63% |
| Farner | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Fort Wayne | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Franklin | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Houston | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Hudson | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Key Largo | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Lilburn | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| Lithonia | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Locust Grove | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Loudon | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Lutz | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Lynn Haven | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Mccaysville | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Mc Donald | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Merritt Island | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Miami | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Mineral Bluff | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Monroe | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Morganton | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Murphy | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Norcross | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Ocoee | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Old Fort | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Old Lyme | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Palm Harbor | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Ponte Vedra Beach | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Prescott | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Reliance | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Riceville | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Ringgold | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Saint Petersburg | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Sandy Springs | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Sanford | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Signal Mountain | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Soddy Daisy | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Stuart | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Talking Rock | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Thomaston | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Turtletown | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Villa Rica | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| West Fargo | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Polk County, Tennessee
In Polk 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 Polk 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 Polk 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. For instance, the median home price in Polk County is $48,850, with annual tax bills ranging from $136 at the 25th percentile to $1,095 at the 90th percentile. Being aware of these valuation processes in Polk County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Polk County Assessed Value
$48,850
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Polk County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Andrews | $227,300 | $227,300 | $227,300 | $227,300 | $227,300 |
| Apison | $18,400 | $18,400 | $18,400 | $18,400 | $18,400 |
| Apollo Beach | $46,110 | $100,275 | $190,550 | $280,825 | $334,990 |
| Athens | $61,100 | $61,100 | $61,100 | $61,100 | $61,100 |
| Augusta | $24,500 | $24,500 | $24,500 | $24,500 | $24,500 |
| Bartow | $35,800 | $35,800 | $35,800 | $35,800 | $35,800 |
| Benton | $13,800 | $27,100 | $61,800 | $115,050 | $182,740 |
| Blue Ridge | $18,900 | $24,150 | $32,900 | $35,800 | $37,540 |
| Bradenton | $16,060 | $17,950 | $19,100 | $52,950 | $113,700 |
| Bunnell | $22,500 | $22,500 | $22,500 | $22,500 | $22,500 |
| Calhoun | $20,200 | $24,350 | $65,100 | $146,925 | $249,300 |
| Carrollton | $16,500 | $16,500 | $16,500 | $16,500 | $16,500 |
| Cartersville | N/A | N/A | N/A | N/A | N/A |
| Charleston | $9,500 | $14,000 | $57,500 | $105,350 | $160,840 |
| Chatsworth | $32,300 | $32,300 | $32,300 | $32,300 | $32,300 |
| Chattanooga | $8,400 | $8,400 | $8,400 | $8,400 | $8,400 |
| Cleveland | $9,910 | $24,075 | $59,850 | $107,500 | $240,110 |
| Columbus | $4,100 | $4,100 | $4,100 | $4,100 | $4,100 |
| Copperhill | $6,440 | $16,700 | $40,100 | $88,900 | $157,520 |
| Crandall | $6,670 | $12,025 | $20,950 | $29,875 | $35,230 |
| Dalton | $225,900 | $225,900 | $225,900 | $225,900 | $225,900 |
| Decatur | $20,290 | $22,975 | $27,450 | $31,925 | $34,610 |
| Delano | $16,300 | $33,550 | $65,200 | $130,500 | $196,600 |
| Ducktown | $1,590 | $3,275 | $7,200 | $25,250 | $132,180 |
| Ellenwood | $12,200 | $12,200 | $12,200 | $12,200 | $12,200 |
| Eminence | $45,900 | $45,900 | $45,900 | $45,900 | $45,900 |
| Etowah | $1,850 | $11,325 | $13,650 | $24,650 | $42,220 |
| Farner | $7,900 | $13,900 | $30,800 | $64,000 | $112,780 |
| Fort Wayne | $22,100 | $22,100 | $22,100 | $22,100 | $22,100 |
| Franklin | $31,600 | $31,600 | $31,600 | $31,600 | $31,600 |
| Houston | $25,200 | $25,200 | $25,200 | $25,200 | $25,200 |
| Hudson | $10,160 | $10,700 | $13,600 | $13,900 | $14,560 |
| Key Largo | $31,500 | $31,500 | $31,500 | $31,500 | $31,500 |
| Lilburn | $1,430 | $1,625 | $1,950 | $2,275 | $2,470 |
| Lithonia | $25,200 | $25,200 | $25,200 | $25,200 | $25,200 |
| Locust Grove | $19,800 | $21,450 | $24,200 | $26,950 | $28,600 |
| Loudon | $25,200 | $25,200 | $25,200 | $25,200 | $25,200 |
| Lutz | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 |
| Lynn Haven | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 |
| Mccaysville | $4,640 | $5,900 | $8,000 | $10,000 | $11,200 |
| Mc Donald | $35,360 | $37,700 | $41,600 | $45,500 | $47,840 |
| Merritt Island | $8,900 | $8,900 | $8,900 | $8,900 | $8,900 |
| Miami | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 |
| Mineral Bluff | $10,390 | $11,425 | $13,150 | $14,875 | $15,910 |
| Monroe | $3,800 | $3,800 | $3,800 | $3,800 | $3,800 |
| Morganton | $23,440 | $39,400 | $66,000 | $92,600 | $108,560 |
| Murphy | $7,260 | $14,850 | $22,900 | $56,325 | $95,520 |
| Norcross | $22,900 | $22,900 | $22,900 | $22,900 | $22,900 |
| Ocoee | $16,800 | $18,000 | $51,200 | $124,825 | $204,090 |
| Old Fort | $13,230 | $28,025 | $53,200 | $92,375 | $139,220 |
| Old Lyme | $435,300 | $435,300 | $435,300 | $435,300 | $435,300 |
| Palm Harbor | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 |
| Ponte Vedra Beach | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 |
| Prescott | $22,900 | $22,900 | $22,900 | $22,900 | $22,900 |
| Reliance | $5,900 | $16,500 | $38,400 | $76,500 | $143,580 |
| Riceville | $15,600 | $15,600 | $15,600 | $15,600 | $15,600 |
| Ringgold | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 |
| Saint Petersburg | $6,940 | $7,150 | $7,500 | $10,200 | $11,820 |
| Sandy Springs | $24,200 | $24,200 | $24,200 | $24,200 | $24,200 |
| Sanford | $10,200 | $10,200 | $10,200 | $10,200 | $10,200 |
| Signal Mountain | $243,400 | $243,400 | $243,400 | $243,400 | $243,400 |
| Soddy Daisy | $32,200 | $32,200 | $32,200 | $32,200 | $32,200 |
| Stuart | $27,730 | $29,725 | $33,050 | $36,375 | $38,370 |
| Talking Rock | $21,700 | $21,700 | $21,700 | $21,700 | $21,700 |
| Thomaston | $23,400 | $23,400 | $23,400 | $23,400 | $23,400 |
| Turtletown | $13,700 | $24,200 | $46,000 | $100,900 | $177,400 |
| Villa Rica | $13,840 | $14,800 | $16,400 | $16,700 | $16,880 |
| West Fargo | $22,500 | $22,500 | $22,500 | $22,500 | $22,500 |
Source: Ownwell
Property Tax Bills Across Polk County, Tennessee
In Polk County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to this assessed value to determine the final tax bill. Various factors influence the assessed value, including the property's location, size, and condition. For homeowners, this means that any improvements or changes to their property can impact their tax bill. The median home price in Polk County is $48,850, resulting in varying tax bills. For instance, the 25th percentile tax bill is $136, while the 75th percentile tax bill is $655, and the 90th percentile tax bill reaches $1,095. Comparatively, the national median property tax rate is 0.99%, which highlights the relative affordability of property taxes in Polk County. Understanding these calculations helps homeowners anticipate their annual expenses and budget accordingly, ensuring they are prepared for their property tax obligations.
Average Polk County Tax Bill
$310
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Polk County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Andrews | $1,427 | $1,427 | $1,427 | $1,427 | $1,427 |
| Apison | $116 | $116 | $116 | $116 | $116 |
| Apollo Beach | $290 | $630 | $1,197 | $1,764 | $2,104 |
| Athens | $384 | $384 | $384 | $384 | $384 |
| Augusta | $154 | $154 | $154 | $154 | $154 |
| Bartow | $225 | $225 | $225 | $225 | $225 |
| Benton | $87 | $173 | $392 | $726 | $1,149 |
| Blue Ridge | $119 | $152 | $207 | $225 | $236 |
| Bradenton | $101 | $112 | $120 | $333 | $714 |
| Bunnell | $141 | $141 | $141 | $141 | $141 |
| Calhoun | $126 | $154 | $428 | $949 | $1,577 |
| Carrollton | $104 | $104 | $104 | $104 | $104 |
| Cartersville | N/A | N/A | N/A | N/A | N/A |
| Charleston | $63 | $93 | $361 | $662 | $1,010 |
| Chatsworth | $203 | $203 | $203 | $203 | $203 |
| Chattanooga | $53 | $53 | $53 | $53 | $53 |
| Cleveland | $61 | $147 | $377 | $689 | $1,516 |
| Columbus | $26 | $26 | $26 | $26 | $26 |
| Copperhill | $41 | $106 | $252 | $566 | $995 |
| Crandall | $42 | $75 | $132 | $188 | $222 |
| Dalton | $1,419 | $1,419 | $1,419 | $1,419 | $1,419 |
| Decatur | $116 | $116 | $116 | $116 | $116 |
| Delano | $102 | $213 | $421 | $826 | $1,265 |
| Ducktown | $10 | $20 | $45 | $160 | $830 |
| Ellenwood | $77 | $77 | $77 | $77 | $77 |
| Eminence | $288 | $288 | $288 | $288 | $288 |
| Etowah | $12 | $71 | $86 | $154 | $265 |
| Farner | $49 | $88 | $192 | $405 | $713 |
| Fort Wayne | $139 | $139 | $139 | $139 | $139 |
| Franklin | $198 | $198 | $198 | $198 | $198 |
| Houston | $158 | $158 | $158 | $158 | $158 |
| Hudson | $64 | $67 | $85 | $87 | $91 |
| Key Largo | $198 | $198 | $198 | $198 | $198 |
| Lilburn | $9 | $10 | $12 | $14 | $15 |
| Lithonia | $158 | $158 | $158 | $158 | $158 |
| Locust Grove | $124 | $134 | $152 | $170 | $180 |
| Loudon | $158 | $158 | $158 | $158 | $158 |
| Lutz | $126 | $126 | $126 | $126 | $126 |
| Lynn Haven | $117 | $117 | $117 | $117 | $117 |
| Mccaysville | $29 | $37 | $50 | $62 | $70 |
| Mc Donald | $212 | $212 | $212 | $212 | $212 |
| Merritt Island | $56 | $56 | $56 | $56 | $56 |
| Miami | $107 | $107 | $107 | $107 | $107 |
| Mineral Bluff | $65 | $72 | $82 | $93 | $100 |
| Monroe | $24 | $24 | $24 | $24 | $24 |
| Morganton | $147 | $247 | $414 | $582 | $682 |
| Murphy | $46 | $94 | $144 | $354 | $600 |
| Norcross | $144 | $144 | $144 | $144 | $144 |
| Ocoee | $106 | $113 | $318 | $790 | $1,281 |
| Old Fort | $88 | $184 | $347 | $593 | $896 |
| Old Lyme | $2,734 | $2,734 | $2,734 | $2,734 | $2,734 |
| Palm Harbor | $126 | $126 | $126 | $126 | $126 |
| Ponte Vedra Beach | $264 | $264 | $264 | $264 | $264 |
| Prescott | $144 | $144 | $144 | $144 | $144 |
| Reliance | $37 | $104 | $241 | $480 | $900 |
| Riceville | $98 | $98 | $98 | $98 | $98 |
| Ringgold | $126 | $126 | $126 | $126 | $126 |
| Saint Petersburg | $44 | $45 | $47 | $64 | $74 |
| Sandy Springs | $152 | $152 | $152 | $152 | $152 |
| Sanford | $64 | $64 | $64 | $64 | $64 |
| Signal Mountain | $1,529 | $1,529 | $1,529 | $1,529 | $1,529 |
| Soddy Daisy | $202 | $202 | $202 | $202 | $202 |
| Stuart | $174 | $187 | $208 | $228 | $241 |
| Talking Rock | $136 | $136 | $136 | $136 | $136 |
| Thomaston | $147 | $147 | $147 | $147 | $147 |
| Turtletown | $87 | $152 | $289 | $631 | $1,116 |
| Villa Rica | $87 | $93 | $103 | $105 | $106 |
| West Fargo | $141 | $141 | $141 | $141 | $141 |
Source: Ownwell
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