Mount Juliet, Wilson County, Tennessee Property Taxes
Median Mount Juliet, TN effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Mount Juliet, TN home value: $338,600
Median annual Mount Juliet, TN tax bill: $1,672, $728 lower than the national median property tax bill of $2,400.
How are property taxes in Wilson County calculated?
Property taxes in Mount Juliet, 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 Mount Juliet’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Juliet, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mount Juliet, Wilson County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$1,693
$1,571
Property Tax Rates Across Mount Juliet, Wilson County, Tennessee
Local government entities determine property tax rates, which can greatly differ across regions. Each year, counties calculate their budgetary needs for public services and divide this by the total assessed value of taxable properties. This process establishes the property tax rate for the area. Although votes and legislation play a role in setting these rates, this budget assessment is the core of the annual procedure.
In Mount Juliet, located in Wilson County, the effective property tax rate is a key point of comparison when looking at other cities in Tennessee and across the United States. While the national median property tax rate is 1.02%, Mount Juliet's rate offers a contrast that reflects the unique budgetary requirements of the area. Understanding these rates is crucial for property owners, as they directly impact the annual property tax bill, which nationally averages around $2,400. By comparing these figures, homeowners can better grasp how their local tax obligations align with broader state and national trends.
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 Mount Juliet Tax Rate
0.50%
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 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 Mount Juliet, Wilson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37122 | 0.48% | 0.48% | 0.50% | 0.50% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Mount Juliet, Wilson County, Tennessee
When examining property taxes in Mount Juliet, 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 Appraisal District 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 April. 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 Mount Juliet.
For example, the median home price in Mount Juliet is $338,600, with tax bills ranging significantly across the county. Zip code 37122 has the highest median home price at $338,600.
Property Tax Assessment Values Across Mount Juliet, Wilson County, Tennessee
Source: Ownwell
$116,700
$227,650
$338,600
Median Mount Juliet Market Value
$338,600
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 Mount Juliet, Wilson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37122 | $176,200 | $252,825 | $338,600 | $434,875 | $531,030 |
Source: Ownwell
Property Tax Bills Across Mount Juliet, Wilson County, Tennessee
Median Mount Juliet Tax Bill
$1,672
Median Wilson County Tax Bill
$1,525
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Mount Juliet, Wilson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37122 | $852 | $1,234 | $1,672 | $2,155 | $2,622 |
Source: Ownwell