Smyrna, Rutherford County, Tennessee Property Taxes

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

Median Smyrna, TN effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Smyrna, TN home value: $306,400
Median annual Smyrna, TN tax bill: $1,808, $592 lower than the national median property tax bill of $2,400.

How are property taxes in Rutherford calculated?

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

Last Updated March 1, 2025

Smyrna, Rutherford County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$1,838

$1,706

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

Property Tax Rates Across Smyrna, Rutherford County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Smyrna, located in Rutherford County, TN, the effective property tax rate is 0.60%, which is significantly lower than the national median property tax rate of 1.02%. This means that property owners in Smyrna benefit from a lower tax burden compared to many other areas in the United States. The median property tax rate in Tennessee is also 0.60%, aligning with Smyrna's rate and highlighting the state's overall trend of maintaining relatively low property taxes. Comparatively, the national median property tax bill stands at $2,400, which further emphasizes the cost-effectiveness of owning property in Smyrna.

Property Tax Rates Across Smyrna, Rutherford County, Tennessee

Source: Ownwell

0.47%

0.59%

0.71%

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 Smyrna Tax Rate

0.60%

Median Effective Rutherford County Tax Rate

0.60%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Smyrna, Rutherford County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37167	0.47%	0.60%	0.60%	0.60%	0.60%

Source: Ownwell

Property Tax Assessment Values Across Smyrna, Rutherford County, Tennessee

When examining property taxes in Smyrna, 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 Rutherford County Assessor of Property 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.

Assessment notices: In Rutherford County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Smyrna. For example, the median home price in Smyrna is $306,400, with tax bills ranging significantly across the county. 37167 has the highest median home price at $306,400.

Property Tax Assessment Values Across Smyrna, Rutherford County, Tennessee

Source: Ownwell

$266,200

$375,650

$485,100

Median Smyrna Market Value

$306,400

Median Rutherford County Market Value

$316,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Smyrna, Rutherford County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37167	$211,100	$251,500	$306,400	$381,100	$458,240

Source: Ownwell

Property Tax Bills Across Smyrna, Rutherford County, Tennessee

In Smyrna, located in Rutherford County, TN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, and this figure is then used to calculate the tax owed. Factors such as changes in property value and local government budget needs can influence the final tax bill. The median property tax bill in Smyrna is $1,808, which is below the national median of $2,400. This relatively lower tax bill can be beneficial for homeowners, but it is still important to ensure that one is not overpaying. Homeowners in Smyrna can potentially save on their property tax bills by appealing their assessments or applying for exemptions, and this is where Ownwell can assist. With expertise in property tax appeals and exemption services, Ownwell helps homeowners navigate the complexities of property taxes, ensuring they pay only what is fair and potentially saving them money in the process.

Property Tax Bills Across Smyrna, Rutherford County, Tennessee

Source: Ownwell

$1,340

$2,124

$2,907

Median Smyrna Tax Bill

$1,808

Median Rutherford County Tax Bill

$1,892

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Smyrna, Rutherford County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37167	$1,205	$1,484	$1,808	$2,252	$2,663

Source: Ownwell