Orlinda, Tennessee Property Taxes
The median property tax rate in Orlinda, TN is 0.64%, which is lower than the national median of 0.99% and matches the Tennessee state median. With a median home value of $159,800 in Orlinda, the typical annual property tax bill amounts to $1,034, well below the national median of $2,690. Property taxes in Orlinda are calculated based on the assessed value, often less than the market value due to exemptions like those for primary residences and agricultural land. By understanding Orlinda's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Orlinda or another part of Robertson County, grasping the local property tax nuances will benefit you financially.
Last Updated June 14, 2024
Orlinda, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$1,023
$949
Ownwell’s Orlinda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orlinda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orlinda 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 Orlinda, Tennessee
Property taxes in Orlinda, Tennessee, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orlinda is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Orlinda set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orlinda 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 Orlinda's effective property tax rate to other counties in Tennessee and the national median. For comparison, the zip code 37141 has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how these cities compare with Orlinda provides valuable insights into the varying tax landscape across Robertson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orlinda Tax Rate
0.64%
Average Robertson County Tax Rate
0.64%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orlinda, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37141 | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Orlinda, Tennessee
In Orlinda, 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 Robertson 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 Orlinda, 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. Being aware of these valuation processes in Orlinda helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Orlinda, zip code 37141 has the highest median tax bill at $1,034, which is above the national median property tax rate of 0.99%.
Average Orlinda Assessed Value
$159,800
Average Robertson County Assessed Value
$178,500
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orlinda, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37141 | $78,500 | $111,450 | $159,800 | $223,150 | $312,800 |
Source: Ownwell
Property Tax Bills Across Orlinda, Tennessee
In Orlinda, located in Robertson County, TN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by evaluating the market value of the property, which in Orlinda is influenced by factors such as property size, location, and condition. Once the market value is established, it is multiplied by the assessment ratio set by the state to determine the assessed value. The local tax rate is then applied to this assessed value to calculate the tax bill. For homeowners in Orlinda, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $710, while at the 75th percentile, it is $1,432. At the 90th percentile, homeowners might see tax bills as high as $2,014. These property taxes contribute to local services and infrastructure, directly impacting the community. Compared to the national median property tax rate of 0.99%, Orlinda's property taxes are relatively moderate, making it a potentially more affordable option for homeowners.
Average Orlinda Tax Bill
$1,034
Average Robertson County Tax Bill
$1,400
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Orlinda, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37141 | $506 | $710 | $1,034 | $1,432 | $2,014 |
Source: Ownwell