Scott County, Tennessee Property Taxes
The median property tax rate in Scott County is 0.62%, 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 Scott County, the typical annual property tax bill is $471, significantly below the national median of $2,690. Property taxes in Scott 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 Scott 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 Huntsville or another part of Scott County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Scott County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$428
$397
Ownwell’s Scott County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Scott County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Scott County 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 Scott County, Tennessee
Property taxes in Scott County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Scott County is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Scott County set these rates annually, and they can vary significantly between different areas within the county. Each year, Scott 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 Scott County's effective property tax rate with other counties in the nation. For comparison, the city of Oneida has one of the higher property tax rates in the county at 0.62%, while the city of Rugby boasts one of the lowest at 0.62%. Analyzing how Scott County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Scott County Tax Rate
0.62%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scott County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allardt | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| Elgin | N/A | N/A | N/A | N/A | N/A |
| Helenwood | 0.62% | 0.62% | 0.62% | 0.62% | 0.74% |
| Huntsville | 0.62% | 0.62% | 0.62% | 0.62% | 0.74% |
| Oneida | 0.62% | 0.62% | 0.62% | 0.99% | 1.11% |
| Pioneer | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| Robbins | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| Rugby | N/A | N/A | N/A | N/A | N/A |
| Sunbright | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| Winfield | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Scott County, Tennessee
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Scott County, Tennessee. 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 Scott 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 Scott 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 highest median tax bill in Scott County is $861 in Allardt, while the lowest is $139 in Rugby. Being aware of these valuation processes in Scott County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Scott County Assessed Value
$69,000
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scott County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allardt | $89,770 | $96,625 | $139,800 | $169,075 | $196,960 |
| Elgin | N/A | N/A | N/A | N/A | N/A |
| Helenwood | $15,200 | $35,550 | $65,600 | $107,400 | $167,600 |
| Huntsville | $21,000 | $36,275 | $60,350 | $97,975 | $162,450 |
| Oneida | $25,900 | $45,125 | $77,600 | $125,625 | $183,990 |
| Pioneer | $20,920 | $37,650 | $68,000 | $102,650 | $151,600 |
| Robbins | $18,000 | $33,925 | $58,200 | $97,575 | $151,590 |
| Rugby | N/A | N/A | N/A | N/A | N/A |
| Sunbright | $14,660 | $23,875 | $68,300 | $124,475 | $171,150 |
| Winfield | $11,780 | $29,200 | $59,700 | $100,400 | $157,000 |
Source: Ownwell
Property Tax Bills Across Scott County, Tennessee
In Scott County, TN, property tax bills are calculated based on the assessed value of a property. The county uses a specific assessment ratio to determine the taxable value, which is then multiplied by the local tax rate. For instance, the median home price in Scott County is $69,000. Homeowners can expect their tax bill to vary significantly; the 25th percentile tax bill is about $257, while the 75th percentile reaches $793. At the 90th percentile, the tax bill can be as high as $1,223. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Scott County's tax rates can be seen as relatively moderate. Homeowners in cities like Allardt face the highest median tax bill at $861, whereas those in Rugby enjoy the lowest median bill at $139. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Scott County Tax Bill
$471
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Scott County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allardt | $553 | $595 | $861 | $1,041 | $1,213 |
| Elgin | N/A | N/A | N/A | N/A | N/A |
| Helenwood | $108 | $233 | $423 | $697 | $1,066 |
| Huntsville | $131 | $225 | $382 | $650 | $1,077 |
| Oneida | $187 | $343 | $597 | $962 | $1,445 |
| Pioneer | $128 | $232 | $419 | $632 | $929 |
| Robbins | $111 | $208 | $358 | $599 | $927 |
| Rugby | N/A | N/A | N/A | N/A | N/A |
| Sunbright | $90 | $151 | $407 | $767 | $1,055 |
| Winfield | $74 | $178 | $359 | $613 | $967 |
Source: Ownwell