Christiana, Tennessee Property Taxes
The median property tax rate in Christiana, TN is 0.47%, considerably lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Christiana at $330,700, the typical annual property tax bill reaches $1,545, which is significantly below the national median of $2,690. Property taxes in Christiana are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Christiana's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Christiana or another part of Rutherford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Christiana, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$1,554
$1,442
Ownwell’s Christiana Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Christiana with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Christiana 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 Christiana, Tennessee
Property taxes in Christiana, Tennessee, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Christiana is 0.47%, lower than both the Tennessee state median and the U.S. national median of 0.99%. Local government entities within Christiana set these rates annually, and they can vary significantly across different neighborhoods. Each year, Christiana 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 Christiana's effective property tax rate to other counties in Tennessee and the national median. For comparison, the 37037 zip code has the same median property tax rate of 0.47%. Understanding how these cities compare with Christiana provides valuable insights into the varying tax landscape across Rutherford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Christiana Tax Rate
0.47%
Average Rutherford County Tax Rate
0.60%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Christiana, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37037 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Christiana, Tennessee
In Christiana, 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 Rutherford 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 Christiana, 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 Christiana helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Christiana is $1545, found in the 37037 zip code.
Average Christiana Assessed Value
$330,700
Average Rutherford County Assessed Value
$316,800
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Christiana, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37037 | $234,740 | $275,000 | $330,700 | $476,575 | $617,940 |
Source: Ownwell
Property Tax Bills Across Christiana, Tennessee
In Christiana, located in Rutherford County, TN, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is determined by the county assessor's office. For homeowners in Christiana, the median home price is $330,700. Property tax rates are applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the specific tax rate set by the local government and any applicable exemptions or deductions. For instance, the tax bill at the 25th percentile is $1,289, while at the 75th percentile, it rises to $2,237. The highest median tax bill in the area is $1,545, consistent across the 37037 zip code. These property taxes contribute to local services like schools, public safety, and infrastructure, directly impacting homeowners. While the national median property tax rate is 0.99%, understanding how local rates and home values affect your tax bill is crucial for effective financial planning.
Average Christiana Tax Bill
$1,545
Average Rutherford County Tax Bill
$1,892
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Christiana, Tennessee
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
37037 | $1,101 | $1,289 | $1,545 | $2,237 | $2,888 |
Source: Ownwell