Pegram, Cheatham County, Tennessee Property Taxes

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

Median Pegram, TN effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Pegram, TN home value: $238,100
Median annual Pegram, TN tax bill: $1,671, $729 lower than the national median property tax bill of $2,400.

How are property taxes in Cheatham County calculated?

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

Last Updated March 1, 2025

Pegram, Cheatham County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$1,667

$1,547

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

Property Tax Rates Across Pegram, Cheatham 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 Pegram’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S. Pegram, located in Cheatham County, showcases a property tax rate that stands out within the state. The median property tax rate in Tennessee is notably lower than the national median, making it an attractive option for property owners. This lower tax burden can be a significant factor for those considering relocation or investment in the area. Understanding these rates is crucial for homeowners and investors alike, as they directly impact the overall cost of owning property in the region.

Property Tax Rates Across Pegram, Cheatham County, Tennessee

Source: Ownwell

0.62%

0.66%

0.70%

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 Pegram Tax Rate

0.70%

Median Effective Cheatham County Tax Rate

0.67%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pegram, Cheatham County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37143	0.70%	0.70%	0.70%	0.70%	0.70%

Source: Ownwell

Property Tax Assessment Values Across Pegram, Cheatham County, Tennessee

When examining property taxes in Pegram, 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 Cheatham 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. Assessment notices: In Cheatham 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 Pegram. For example, the median home price in Pegram is $238,100, with tax bills ranging significantly across the county. Zip code 37143 has the highest median home price at $238,100.

Property Tax Assessment Values Across Pegram, Cheatham County, Tennessee

Source: Ownwell

$174,000

$212,525

$251,050

Median Pegram Market Value

$238,100

Median Cheatham County Market Value

$201,100

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pegram, Cheatham County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37143	$117,040	$178,450	$238,100	$294,900	$378,960

Source: Ownwell

Property Tax Bills Across Pegram, Cheatham County, Tennessee

In Pegram, located in Cheatham County, Tennessee, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value. Homeowners in Pegram experience a median property tax bill of $1,671, which is significantly lower than the national median of $2,400. The tax bill can vary, with the 25th percentile at $1,248 and the 90th percentile reaching $2,637. These variations are influenced by factors such as property size, location, and market conditions. For homeowners, understanding these calculations is crucial as they directly impact annual expenses. Ownwell offers expert services to help homeowners potentially lower their property tax bills. By analyzing individual property assessments and identifying discrepancies, Ownwell can assist in filing appeals and securing exemptions, ensuring homeowners pay only their fair share. This can lead to substantial savings, making homeownership more affordable in the long run.

Property Tax Bills Across Pegram, Cheatham County, Tennessee

Source: Ownwell

$1,160

$1,501

$1,841

Median Pegram Tax Bill

$1,671

Median Cheatham County Tax Bill

$1,378

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Pegram, Cheatham County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37143	$820	$1,248	$1,671	$2,062	$2,637

Source: Ownwell