Williamson County, Tennessee Property Taxes
The median property tax rate in Williamson County is 0.54%, 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 Williamson County, the typical annual property tax bill reaches $2,616, which is slightly below the national median of $2,690. Property taxes in Williamson County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Williamson 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 Franklin or another part of Williamson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Williamson County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$2,660
$2,468
Ownwell’s Williamson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Williamson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Williamson 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 Williamson County, Tennessee
Property taxes in Williamson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Williamson County is 0.54%, which is lower than both the Tennessee state median and the U.S. national median of 0.99%. Local government entities within Williamson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Williamson 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. For comparison, the city of Fairview has one of the higher property tax rates in Tennessee at 0.69%, while the city of Kingston Springs boasts one of the lowest at 0.47%. Analyzing how Williamson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Williamson County Tax Rate
0.54%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Williamson County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arrington | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Bon Aqua | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Brentwood | 0.54% | 0.54% | 0.54% | 0.54% | 0.54% |
| College Grove | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Columbia | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Counce | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Eagleville | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Fairview | 0.47% | 0.69% | 0.69% | 0.69% | 0.69% |
| Franklin | 0.47% | 0.47% | 0.54% | 0.68% | 0.68% |
| Kingston Springs | N/A | N/A | N/A | N/A | N/A |
| Murfreesboro | N/A | N/A | N/A | N/A | N/A |
| Nashville | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Nolensville | 0.47% | 0.54% | 0.54% | 0.54% | 0.54% |
| Primm Springs | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Spring Hill | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
| Thompsons Station | 0.18% | 0.18% | 0.47% | 0.50% | 0.50% |
| Unknown | 0.54% | 0.68% | 0.68% | 0.68% | 0.68% |
| Williamson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Williamson County, Tennessee
In Williamson 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 Williamson 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 Williamson 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, Brentwood has the highest median tax bill at $3,754, while Spring Hill has the lowest at $667. Being aware of these valuation processes in Williamson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Williamson County, Tennessee
Source: Ownwell
$161,000
$549,800
$938,600
Average Williamson County Assessed Value
$492,600
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Williamson County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arrington | $182,500 | $457,850 | $668,350 | $843,875 | $1,016,500 |
| Bon Aqua | $126,720 | $169,025 | $242,100 | $319,625 | $549,690 |
| Brentwood | $435,230 | $569,400 | $714,000 | $941,225 | $1,269,300 |
| College Grove | $186,440 | $305,700 | $565,100 | $850,000 | $1,552,750 |
| Columbia | $57,250 | $83,150 | $165,650 | $206,600 | $235,510 |
| Counce | $18,680 | $75,975 | $176,400 | $411,575 | $673,220 |
| Eagleville | $80,440 | $105,400 | $161,000 | $291,600 | $382,500 |
| Fairview | $94,880 | $183,000 | $257,000 | $349,550 | $447,520 |
| Franklin | $268,700 | $380,000 | $494,100 | $652,000 | $869,520 |
| Kingston Springs | N/A | N/A | N/A | N/A | N/A |
| Murfreesboro | N/A | N/A | N/A | N/A | N/A |
| Nashville | $499,950 | $678,825 | $785,400 | $900,225 | $1,147,150 |
| Nolensville | $318,700 | $412,275 | $509,900 | $629,600 | $751,450 |
| Primm Springs | $121,160 | $149,900 | $236,100 | $376,800 | $547,700 |
| Spring Hill | $249,500 | $290,800 | $357,750 | $456,125 | $530,510 |
| Thompsons Station | $199,830 | $291,800 | $377,300 | $506,900 | $678,700 |
| Unknown | $2,670 | $34,000 | $243,700 | $337,350 | $527,790 |
| Williamson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Williamson County, Tennessee
In Williamson County, TN, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's market value, local tax rates, and any applicable exemptions or deductions. For instance, the median home price in Williamson County is $492,600, which can lead to varying tax bills across different percentiles. Homeowners at the 25th percentile may see tax bills around $1,531, while those at the 75th percentile face bills closer to $3,548. The highest median tax bill in the county is observed in Brentwood at $3,754, contrasting sharply with Spring Hill's lowest median tax bill of $667. These variations significantly affect homeowners, impacting their annual financial planning and potential property investment decisions. Compared to the national median property tax rate of 0.99%, Williamson County's rates highlight the importance of understanding local tax implications.
Average Williamson County Tax Bill
$2,616
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Williamson County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arrington | $981 | $2,402 | $3,190 | $4,034 | $4,779 |
| Bon Aqua | $596 | $806 | $1,163 | $1,435 | $2,352 |
| Brentwood | $1,962 | $2,965 | $3,754 | $4,915 | $6,612 |
| College Grove | $894 | $1,504 | $2,687 | $4,083 | $7,385 |
| Columbia | $394 | $578 | $850 | $971 | $1,047 |
| Counce | $88 | $373 | $845 | $1,989 | $3,234 |
| Eagleville | $360 | $476 | $767 | $1,397 | $1,847 |
| Fairview | $627 | $1,204 | $1,693 | $2,339 | $2,994 |
| Franklin | $1,608 | $2,163 | $2,798 | $3,516 | $4,612 |
| Kingston Springs | N/A | N/A | N/A | N/A | N/A |
| Murfreesboro | N/A | N/A | N/A | N/A | N/A |
| Nashville | $2,412 | $3,205 | $3,703 | $4,214 | $5,359 |
| Nolensville | $1,731 | $2,179 | $2,715 | $3,325 | $4,005 |
| Primm Springs | $576 | $709 | $1,120 | $1,801 | $2,549 |
| Spring Hill | $466 | $542 | $667 | $849 | $990 |
| Thompsons Station | $474 | $608 | $1,170 | $2,455 | $3,334 |
| Unknown | $20 | $266 | $1,614 | $2,299 | $3,559 |
| Williamson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell