Liberty, Wilson County, Tennessee Property Taxes

Name: Property Tax Bills Across Liberty, Wilson County, Tennessee
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Liberty, TN effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Liberty, TN home value: $116,700
Median annual Liberty, TN tax bill: $648, $1,752 lower than the national median property tax bill of $2,400.

How are property taxes in Wilson County calculated?

Property taxes in Liberty, TN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Liberty’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Liberty, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Liberty, Wilson County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$560

$520

Ownwell’s Liberty Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Liberty with just two data points. By entering your property's estimated assessed value, our calculator applies Liberty’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Wilson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Liberty, Wilson County, Tennessee

Local government entities in Tennessee set property tax rates, which can vary significantly across the state. Each county calculates its necessary budget to fund local services and divides it by the total assessed value of all taxable properties within its boundaries. This process determines the property tax rate. While voting and legal regulations play a role in establishing tax rates and budgets, this is the core of the annual procedure.

In Liberty, located in Wilson County, the effective property tax rate is 0.48%. This rate is notably lower than the national median property tax rate of 1.02%. The median property tax bill in Liberty reflects this lower rate, offering residents a more affordable property tax burden compared to many other parts of the country. When comparing Liberty's rate to other cities in Tennessee, it aligns with the state's trend of maintaining lower property tax rates, providing a financial advantage for property owners. This favorable tax environment can be a significant factor for prospective homeowners considering a move to Liberty or Wilson County.

Property Tax Rates Across Liberty, Wilson County, Tennessee

Source: Ownwell

0.48%

0.59%

0.71%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Liberty Tax Rate

0.48%

Median Effective Wilson County Tax Rate

0.50%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Liberty, Wilson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37095	0.48%	0.48%	0.48%	0.48%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Liberty, Wilson County, Tennessee

When examining property taxes in Liberty, TN, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Wilson County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Wilson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Liberty.

For example, the median home price in Liberty is $116,700, with tax bills ranging significantly across the county. Zip code 37095 has the highest median home price at $116,700.

Property Tax Assessment Values Across Liberty, Wilson County, Tennessee

Source: Ownwell

$116,700

$227,650

$338,600

Median Liberty Market Value

$116,700

Median Wilson County Market Value

$285,400

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Liberty, Wilson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37095	$36,160	$50,400	$116,700	$163,800	$222,980

Source: Ownwell

Property Tax Bills Across Liberty, Wilson County, Tennessee

In Liberty, Wilson County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in the area is $116,700, with property tax bills ranging from $270 at the 25th percentile to $1,057 at the 90th percentile. While the highest and lowest median tax bills in the region are both $648, Liberty's property tax rate is relatively low compared to the national median property tax rate of 1.02%. This can be beneficial for homeowners, offering them a lower financial burden. However, even with lower rates, property taxes can still be a significant expense. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they are not overpaying. By leveraging expert knowledge and experience, Ownwell helps homeowners maximize their savings and reduce their property tax bills effectively.

Property Tax Bills Across Liberty, Wilson County, Tennessee

Source: Ownwell

$648

$1,160

$1,672

Median Liberty Tax Bill

$648

Median Wilson County Tax Bill

$1,525

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Liberty, Wilson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37095	$178	$270	$648	$820	$1,057

Source: Ownwell