Mc Kenzie, Carroll County, Tennessee Property Taxes

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

Median MC KENZIE, TN effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median MC KENZIE, TN home value: $85,850
Median annual MC KENZIE, TN tax bill: $564, $1,836 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

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

Last Updated March 1, 2025

Mc Kenzie, Carroll County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$791

$734

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

Property Tax Rates Across Mc Kenzie, Carroll County, Tennessee

Local government entities set tax rates, and these can vary widely within Tennessee. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In MC KENZIE, located in Carroll County, the effective property tax rate is 0.65%. This rate is notably lower than the national median property tax rate of 1.02%. MC KENZIE's rate is consistent with both the highest and lowest median tax rates in the area, indicating a stable tax environment. While the national median property tax bill is approximately $2,400, residents in MC KENZIE benefit from a more modest tax burden due to the lower rate. Comparing MC KENZIE's effective property tax rate with other cities in Tennessee and the national average highlights its affordability, making it an attractive option for property owners seeking lower tax liabilities.

Property Tax Rates Across Mc Kenzie, Carroll County, Tennessee

Source: Ownwell

0.66%

0.95%

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 Mc Kenzie Tax Rate

0.90%

Median Effective Carroll County Tax Rate

0.69%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mc Kenzie, Carroll County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38201	0.65%	0.65%	0.90%	0.90%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Mc Kenzie, Carroll County, Tennessee

When examining property taxes in MC KENZIE, 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 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. Assessment notices: In Carroll 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 MC KENZIE. For example, the median home price in MC KENZIE is $85,850, with tax bills ranging significantly across the county. 38201 has the highest median home price at $85,850.

Property Tax Assessment Values Across Mc Kenzie, Carroll County, Tennessee

Source: Ownwell

$60,450

$80,175

$99,900

Median Mc Kenzie Market Value

$87,850

Median Carroll County Market Value

$79,950

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mc Kenzie, Carroll County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38201	$32,750	$54,500	$87,850	$137,825	$214,600

Source: Ownwell

Property Tax Bills Across Mc Kenzie, Carroll County, Tennessee

In McKenzie, located in Carroll County, TN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which in McKenzie, is typically lower than the national average. Homeowners in McKenzie face a median tax bill of $564, significantly lower than the national median property tax bill of $2,400. Factors influencing the tax bill include the property's assessed value and the local tax rate set by the county. Homeowners can see tax bills ranging from $350 at the 25th percentile to $1,301 at the 90th percentile, reflecting variations in property values and tax rates within the area. Ownwell assists homeowners in McKenzie by identifying potential savings on their property tax bills through appeals and exemptions. By analyzing property assessments and ensuring they align with market values, Ownwell helps reduce tax liabilities, providing homeowners with significant savings and increased financial relief.

Property Tax Bills Across Mc Kenzie, Carroll County, Tennessee

Source: Ownwell

$457

$585

$712

Median Mc Kenzie Tax Bill

$712

Median Carroll County Tax Bill

$643

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Mc Kenzie, Carroll County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38201	$269	$449	$712	$1,075	$1,515

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 31

Links
Carroll Tax Assessor
Website	tennesseetrustee.org