Doyle, Tennessee Property Taxes
The median property tax rate in Doyle, TN is 0.51%, notably lower than both the national median of 0.99% and the Tennessee state median of 0.64%. With the median home value in Doyle at $88,000, the typical annual property tax bill is $444, significantly below the national median of $2,690. Property taxes in Doyle are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Doyle's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Doyle or another part of White County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Doyle, Tennessee Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$1,280
Ownwell’s Doyle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Doyle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Doyle 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 Doyle, Tennessee
Property taxes in Doyle, Tennessee, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doyle is 0.51%, lower than both the Tennessee state median and the U.S. national median of 0.99%. Local government entities within Doyle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Doyle 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 Doyle's effective property tax rate to other counties in Tennessee and the national median. For comparison, the 38559 zip code has both the highest and lowest median property tax rate of 0.51%. Understanding how these cities compare with Doyle provides valuable insights into the varying tax landscape across White County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Doyle Tax Rate
0.51%
Average White County Tax Rate
0.51%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Doyle, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38559 | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Doyle, Tennessee
In Doyle, 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 White 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 Doyle, 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 Doyle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Doyle are both $444.00, found in zip code 38559.
Average Doyle Assessed Value
$88,000
Average White County Assessed Value
$113,300
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Doyle, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38559 | $26,540 | $59,000 | $88,000 | $133,800 | $183,480 |
Source: Ownwell
Property Tax Bills Across Doyle, Tennessee
In Doyle, located in White County, TN, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in this area is $88,000. The local property tax rate is applied to the assessed value to determine the tax bill. Homeowners in Doyle typically see tax bills ranging from $302 at the 25th percentile to $922 at the 90th percentile, with the median tax bill at $444.00 in the 38559 zip code. Several factors influence the tax bill, including the home's market value, local tax rates, and any applicable exemptions. These property taxes fund essential public services like schools, emergency services, and infrastructure. For homeowners, understanding how their tax bill is calculated can help in budgeting for annual expenses and recognizing the value of local services funded by these taxes. With a property tax rate below the national median of 0.99%, Doyle offers relatively affordable property taxes, making it an attractive option for homeowners.
Average Doyle Tax Bill
$444
Average White County Tax Bill
$619
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Doyle, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38559 | $133 | $302 | $444 | $679 | $922 |
Source: Ownwell