Bruceton, Carroll County, Tennessee Property Taxes

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

Median Bruceton, TN effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Bruceton, TN home value: $58,400
Median annual Bruceton, TN tax bill: $630, $1,770 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

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

Last Updated March 1, 2025

Bruceton, Carroll County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.23%

Estimate Property Tax Bill

$718

$667

Ownwell’s Bruceton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bruceton with just two data points. By entering your property's estimated assessed value, our calculator applies Bruceton’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 Carroll County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bruceton, Carroll County, Tennessee

Local government entities in Tennessee set tax rates, which can vary widely within the state. Why? Because 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 Bruceton’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.

Property Tax Rates Across Bruceton, Carroll County, Tennessee

Source: Ownwell

0.65%

0.94%

1.23%

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 Bruceton Tax Rate

1.23%

Median Effective Carroll County Tax Rate

0.66%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bruceton, Carroll County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38317	0.68%	0.68%	1.23%	1.23%	1.24%

Source: Ownwell

Property Tax Assessment Values Across Bruceton, Carroll County, Tennessee

When examining property taxes in Bruceton, 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 Carroll 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 Carroll 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 Bruceton. For example, the median home price in Bruceton is $58,400, with tax bills ranging significantly across the county. Zip code 38317 has the highest median home price at $58,400.

Property Tax Assessment Values Across Bruceton, Carroll County, Tennessee

Source: Ownwell

$58,400

$72,125

$85,850

Median Bruceton Market Value

$58,400

Median Carroll County Market Value

$76,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bruceton, Carroll County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38317	$20,930	$38,400	$58,400	$90,525	$146,080

Source: Ownwell

Property Tax Bills Across Bruceton, Carroll County, Tennessee

In the city of Bruceton, located in Carroll County, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to determine the tax bill. Homeowners in Bruceton see a median property tax bill of $630, which is significantly lower than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For homeowners, this means that any increase in assessed value can lead to a higher tax bill, impacting their financial planning. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and market trends, Ownwell can identify opportunities to challenge over-assessments, potentially reducing the tax burden for homeowners in Bruceton and ensuring they pay only their fair share.

Property Tax Bills Across Bruceton, Carroll County, Tennessee

Source: Ownwell

$447

$566

$685

Median Bruceton Tax Bill

$630

Median Carroll County Tax Bill

$574

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Bruceton, Carroll County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38317	$173	$374	$630	$987	$1,318

Source: Ownwell