Warren County Property Taxes
The median property tax rate in Warren County is 0.46%, which is significantly lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Warren County, the typical annual property tax bill is $446, well below the national median of $2,690. Property taxes in Warren County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Warren 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 McMinnville or another part of Warren County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Warren County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$508
Ownwell’s Warren County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Warren County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Warren 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 Warren County, Tennessee
Property taxes in Warren County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Warren County is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Warren County set these rates annually, and they can vary significantly between different areas within the county. Each year, Warren 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 Warren County's effective property tax rate with other counties in Tennessee and the national median. For comparison, the city of McMinnville has one of the higher property tax rates in Tennessee at 0.46%. Analyzing how Warren County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Warren County Tax Rate
0.46%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warren County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Campaign | N/A | N/A | N/A | N/A | N/A |
| Mcminnville | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
| Mc Minnville | N/A | N/A | N/A | N/A | N/A |
| Morrison | N/A | N/A | N/A | N/A | N/A |
| Rock Island | N/A | N/A | N/A | N/A | N/A |
| Smithville | N/A | N/A | N/A | N/A | N/A |
| Viola | N/A | N/A | N/A | N/A | N/A |
| Woodbury | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Warren County, Tennessee
In Warren 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 Warren 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 Warren 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. Being aware of these valuation processes in Warren County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, McMinnville stands out with both the highest and lowest median tax bills at $446, reflecting the diverse property values within the county.
Property Tax Assessment Values Across Warren County, Tennessee
Source: Ownwell
$110,000
$110,000
$110,000
Average Warren County Assessed Value
$110,500
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Warren County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Campaign | N/A | N/A | N/A | N/A | N/A |
| Mcminnville | $44,200 | $72,500 | $110,000 | $171,400 | $264,280 |
| Mc Minnville | N/A | N/A | N/A | N/A | N/A |
| Morrison | N/A | N/A | N/A | N/A | N/A |
| Rock Island | N/A | N/A | N/A | N/A | N/A |
| Smithville | N/A | N/A | N/A | N/A | N/A |
| Viola | N/A | N/A | N/A | N/A | N/A |
| Woodbury | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Warren County, Tennessee
In Warren County, TN, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. The local government then applies the property tax rate to this assessed value. For example, the median home price in Warren County is $110,500. Homeowners can expect a property tax bill that varies significantly depending on their property's assessed value and specific location within the county. Factors such as property size, location, and any improvements made to the property can influence the assessed value. In Warren County, the tax bill at the 25th percentile is $307, while the 75th percentile tax bill is $655, and the 90th percentile tax bill reaches $955. The highest and lowest median tax bills in the county are both found in McMinnville, at $446. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly affecting homeowners by contributing to the quality of community resources and overall living conditions.
Average Warren County Tax Bill
$446
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Warren County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Campaign | N/A | N/A | N/A | N/A | N/A |
| Mcminnville | $211 | $308 | $446 | $656 | $957 |
| Mc Minnville | N/A | N/A | N/A | N/A | N/A |
| Morrison | N/A | N/A | N/A | N/A | N/A |
| Rock Island | N/A | N/A | N/A | N/A | N/A |
| Smithville | N/A | N/A | N/A | N/A | N/A |
| Viola | N/A | N/A | N/A | N/A | N/A |
| Woodbury | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell