Yorkville, Gibson County, Tennessee Property Taxes

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

Median Yorkville, TN effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Yorkville, TN home value: $82,200
Median annual Yorkville, TN tax bill: $722, $1,678 lower than the national median property tax bill of $2,400.

How are property taxes in Gibson calculated?

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

Last Updated March 1, 2025

Yorkville, Gibson 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

$740

$687

Ownwell’s Yorkville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Yorkville with just two data points.

By entering your property's estimated assessed value, our calculator applies Yorkville’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 Gibson County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Yorkville, Gibson 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 Yorkville’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.

Yorkville in Gibson County has a median property tax rate that aligns with the highest and lowest rates in the area, both recorded at 0.90%. This rate is below the national median property tax rate of 1.02%, offering an advantageous position for property owners in Yorkville. When compared to the national median property tax bill of $2400, property owners in Yorkville may find their tax obligations relatively manageable. This favorable tax environment can be an attractive factor for potential property buyers and investors considering Yorkville as a viable location for real estate investments.

Property Tax Rates Across Yorkville, Gibson County, Tennessee

Source: Ownwell

0.26%

0.64%

1.02%

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 Yorkville Tax Rate

0.90%

Median Effective Gibson County Tax Rate

0.76%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Yorkville, Gibson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38389	0.76%	0.90%	0.90%	0.90%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Yorkville, Gibson County, Tennessee

When examining property taxes in Yorkville, 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 Gibson 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 Gibson 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 Yorkville.

For example, the median home price in Yorkville is $82,200, with tax bills ranging significantly across the county. Zip code 38389 has the highest median home price at $82,200.

Property Tax Assessment Values Across Yorkville, Gibson County, Tennessee

Source: Ownwell

$58,600

$111,950

$165,300

Median Yorkville Market Value

$82,200

Median Gibson County Market Value

$77,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Yorkville, Gibson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38389	$55,630	$68,450	$82,200	$101,000	$118,050

Source: Ownwell

Property Tax Bills Across Yorkville, Gibson County, Tennessee

In Yorkville, TN, property tax bills are calculated based on the assessed value of a homeowner's property. The assessment considers the market value of the property, which is then multiplied by the local tax rate. In Yorkville, the median property tax bill is $722, which is significantly lower than the national median of $2400. This is reflective of the area's lower median home price of $82,200. However, property tax bills can vary, with the 25th percentile at $604 and the 90th percentile reaching $1064. These variations depend on factors such as property location, improvements, and market conditions. High property taxes can strain homeowners financially, making it essential to ensure accurate assessments. Ownwell assists homeowners in Yorkville by providing expert property tax appeal services. By analyzing property assessments and market conditions, Ownwell identifies potential savings and helps homeowners reduce their tax bills. This service ensures that homeowners pay only their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Yorkville, Gibson County, Tennessee

Source: Ownwell

$215

$739

$1,262

Median Yorkville Tax Bill

$722

Median Gibson County Tax Bill

$563

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Yorkville, Gibson County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38389	$496	$604	$722	$902	$1,064

Source: Ownwell