Moscow, Fayette County, Tennessee Property Taxes
Median Moscow, TN effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Moscow, TN home value: $76,200
Median annual Moscow, TN tax bill: $287, $2,113 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette County calculated?
Property taxes in Moscow, 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 Moscow’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Moscow, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Moscow, Fayette County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.32%
Estimate Property Tax Bill
$244
$226
Property Tax Rates Across Moscow, Fayette County, Tennessee
Local government entities set tax rates, which can vary widely within a 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 Moscow’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
Moscow, located in Fayette County, has a property tax rate that is notably below the national median. This provides a significant advantage to property owners in Moscow, making it an attractive location for those looking to minimize their property tax expenses. When compared to the national median property tax rate and bill, Moscow's rate offers a more affordable option for homeowners. This lower tax burden can enhance the appeal of living in Moscow, especially for those who prioritize budget-friendly living. By understanding these rates, potential homeowners can make informed decisions when considering property investments in the area.
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 Moscow Tax Rate
0.32%
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 Fayette County Tax Rate
0.32%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Moscow, Fayette County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38057 | 0.32% | 0.32% | 0.32% | 0.32% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Moscow, Fayette County, Tennessee
When examining property taxes in Moscow, Tennessee, 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 Fayette County Assessor 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 Fayette 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 Moscow. For example, the median home price in Moscow is $76,200, with tax bills ranging significantly across the county. Zip code 38057 has the highest median home price at $76,200.
Property Tax Assessment Values Across Moscow, Fayette County, Tennessee
Source: Ownwell
$51,800
$247,625
$443,450
Median Moscow Market Value
$76,200
Median Fayette County Market Value
$164,200
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Moscow, Fayette County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38057 | $15,460 | $35,300 | $76,200 | $144,925 | $280,710 |
Source: Ownwell
Property Tax Bills Across Moscow, Fayette County, Tennessee
Median Moscow Tax Bill
$287
Median Fayette County Tax Bill
$616
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Moscow, Fayette County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38057 | $54 | $124 | $287 | $626 | $994 |
Source: Ownwell