Bell Buckle, Bedford County, Tennessee Property Taxes
Median Bell Buckle, TN effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Bell Buckle, TN home value: $219,300
Median annual Bell Buckle, TN tax bill: $1,332, $1,068 lower than the national median property tax bill of $2,400.
How are property taxes in Bedford County calculated?
Property taxes in Bell Buckle, 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 Bell Buckle’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bell Buckle, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bell Buckle, Bedford County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$1,272
$1,180
Property Tax Rates Across Bell Buckle, Bedford County, Tennessee
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Bell Buckle’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
Bell Buckle in Bedford County, Tennessee, boasts a median property tax rate of 0.58%, which is significantly lower than the national median of 1.02%. This makes it an attractive location for property owners looking for lower tax obligations. While the highest and lowest median tax rates in the area are also at 0.58%, Bell Buckle stands out for its affordability compared to national figures. Homeowners in Bell Buckle can enjoy the benefits of reduced property tax bills, providing potential savings and making it an appealing choice for those seeking budget-friendly living.
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 Bell Buckle Tax Rate
0.58%
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 Bedford County Tax Rate
0.58%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bell Buckle, Bedford County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37020 | 0.58% | 0.58% | 0.58% | 0.58% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Bell Buckle, Bedford County, Tennessee
When examining property taxes in Bell Buckle, 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 Bedford 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 Bedford 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 Bell Buckle.
For example, the median home price in Bell Buckle is $219,300, with tax bills ranging significantly across the county. Zip code 37020 has the highest median home price at $219,300.
Property Tax Assessment Values Across Bell Buckle, Bedford County, Tennessee
Source: Ownwell
$163,100
$322,050
$481,000
Median Bell Buckle Market Value
$219,300
Median Bedford County Market Value
$173,000
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bell Buckle, Bedford County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37020 | $108,600 | $157,900 | $219,300 | $326,900 | $450,300 |
Source: Ownwell
Property Tax Bills Across Bell Buckle, Bedford County, Tennessee
In Bell Buckle, located in Bedford County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The property tax rate in Bell Buckle is lower than the national median rate of 1.02%, resulting in a median property tax bill of $1,332, significantly below the national median of $2,400. Homeowners in Bell Buckle benefit from this lower tax burden, but factors such as home improvements or changes in market conditions can still impact the assessed value and, consequently, the tax bill.
Ownwell assists homeowners by providing expert property tax appeal and exemption services, helping to ensure that their homes are assessed fairly. By analyzing market trends and comparable property values, Ownwell identifies opportunities to challenge over-assessments, potentially lowering tax bills. This service can lead to significant savings, offering homeowners peace of mind and financial relief in managing their property tax obligations.
Median Bell Buckle Tax Bill
$1,332
Median Bedford County Tax Bill
$1,283
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Bell Buckle, Bedford County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37020 | $650 | $934 | $1,332 | $1,921 | $2,642 |
Source: Ownwell
