Wilson County, Tennessee Property Taxes
The median property tax rate in Wilson County is 0.50%, 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 Wilson County, the typical annual property tax bill reaches $1,525, well below the national median of $2,690. Property taxes in Wilson 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 Wilson 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 Lebanon or another part of Wilson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilson County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$1,427
$1,324
Ownwell’s Wilson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wilson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wilson 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 Wilson County, Tennessee
Property taxes in Wilson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wilson County is 0.50%, which is lower than both the Tennessee state median of 0.68% and the U.S. national median of 0.99%. Local government entities within Wilson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wilson 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 Brentwood has one of the higher property tax rates in Tennessee at 0.72%, while the city of Liberty boasts one of the lowest at 0.48%. Analyzing how Wilson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wilson County Tax Rate
0.50%
Average Tennessee Tax Rate
0.64%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilson County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexandria | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
| Auburntown | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
| Brentwood | N/A | N/A | N/A | N/A | N/A |
| Franklin | N/A | N/A | N/A | N/A | N/A |
| Gladeville | N/A | N/A | N/A | N/A | N/A |
| Hermitage | 0.48% | 0.48% | 0.48% | 0.48% | 0.50% |
| Lascassas | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
| Lebanon | 0.48% | 0.48% | 0.55% | 0.72% | 0.72% |
| Liberty | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
| Milton | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
| Mount Juliet | 0.48% | 0.48% | 0.50% | 0.50% | 0.50% |
| Murfreesboro | N/A | N/A | N/A | N/A | N/A |
| Nashville | N/A | N/A | N/A | N/A | N/A |
| Norene | N/A | N/A | N/A | N/A | N/A |
| Old Hickory | 0.48% | 0.48% | 0.48% | 0.48% | 0.50% |
| Watertown | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Wilson County, Tennessee
In Wilson 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 Wilson 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 Wilson 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 Wilson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, in Wilson County, the highest median tax bill is found in Brentwood at $3,483, while Murfreesboro has the lowest at $647. The national median property tax rate is 0.99%, making it essential to stay informed and proactive about your local property tax assessments.
Property Tax Assessment Values Across Wilson County, Tennessee
Source: Ownwell
$116,700
$227,650
$338,600
Average Wilson County Assessed Value
$285,400
Average Tennessee Assessed Value
$173,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wilson County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexandria | $40,630 | $68,475 | $137,550 | $237,300 | $314,320 |
| Auburntown | $32,420 | $94,675 | $208,950 | $312,600 | $447,000 |
| Brentwood | N/A | N/A | N/A | N/A | N/A |
| Franklin | N/A | N/A | N/A | N/A | N/A |
| Gladeville | N/A | N/A | N/A | N/A | N/A |
| Hermitage | $109,500 | $234,500 | $296,800 | $345,050 | $409,600 |
| Lascassas | $84,180 | $117,300 | $222,800 | $342,600 | $462,540 |
| Lebanon | $79,200 | $161,200 | $251,100 | $347,350 | $448,600 |
| Liberty | $36,160 | $50,400 | $116,700 | $163,800 | $222,980 |
| Milton | $96,100 | $131,400 | $283,100 | $403,100 | $481,760 |
| Mount Juliet | $176,200 | $252,825 | $338,600 | $434,875 | $531,030 |
| Murfreesboro | N/A | N/A | N/A | N/A | N/A |
| Nashville | N/A | N/A | N/A | N/A | N/A |
| Norene | N/A | N/A | N/A | N/A | N/A |
| Old Hickory | $194,200 | $226,650 | $275,500 | $324,800 | $411,220 |
| Watertown | $55,060 | $87,925 | $145,700 | $247,975 | $352,330 |
Source: Ownwell
Property Tax Bills Across Wilson County, Tennessee
In Wilson County, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the county's tax rate to arrive at the annual tax bill. For instance, with a median home price of $285,400, homeowners can expect a range of tax bills. The 25th percentile tax bill is around $1,034, while the 75th percentile reaches up to $2,063, and the 90th percentile can go as high as $2,611. These tax bills are influenced by various factors including property size, location, and market conditions. Homeowners in cities like Brentwood experience the highest median tax bill at $3,483, whereas those in Murfreesboro pay a lower median tax bill of $647. Compared to the national median property tax rate of 0.99%, Wilson County's tax rates can significantly impact household budgets, making it crucial for homeowners to understand their tax liabilities and explore potential exemptions or appeals to manage costs effectively.
Average Wilson County Tax Bill
$1,525
Average Tennessee Tax Bill
$1,206
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilson County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexandria | $193 | $334 | $652 | $1,104 | $1,421 |
| Auburntown | $150 | $445 | $989 | $1,516 | $2,176 |
| Brentwood | N/A | N/A | N/A | N/A | N/A |
| Franklin | N/A | N/A | N/A | N/A | N/A |
| Gladeville | N/A | N/A | N/A | N/A | N/A |
| Hermitage | $537 | $1,149 | $1,433 | $1,673 | $1,965 |
| Lascassas | $409 | $594 | $1,090 | $1,686 | $2,203 |
| Lebanon | $425 | $920 | $1,509 | $2,097 | $2,737 |
| Liberty | $178 | $270 | $648 | $820 | $1,057 |
| Milton | $461 | $660 | $1,351 | $1,932 | $2,322 |
| Mount Juliet | $852 | $1,234 | $1,672 | $2,155 | $2,622 |
| Murfreesboro | N/A | N/A | N/A | N/A | N/A |
| Nashville | N/A | N/A | N/A | N/A | N/A |
| Norene | N/A | N/A | N/A | N/A | N/A |
| Old Hickory | $926 | $1,086 | $1,347 | $1,574 | $1,962 |
| Watertown | $262 | $420 | $706 | $1,190 | $1,704 |
Source: Ownwell