Lobelville, Hickman County, Tennessee Property Taxes

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

Median Lobelville, TN effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Lobelville, TN home value: $145,450
Median annual Lobelville, TN tax bill: $600, $1,800 lower than the national median property tax bill of $2,400.

How are property taxes in Hickman calculated?

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

Last Updated March 1, 2025

Lobelville, Hickman County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.47%

Estimate Property Tax Bill

$684

$634

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

Property Tax Rates Across Lobelville, Hickman 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 Lobelville’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S. Lobelville, located in Hickman County, has an effective tax rate that is significantly lower than the national median property tax rate of 1.02%. This makes it an attractive option for property owners looking to minimize their tax burden. Tennessee's median property tax rate is also lower than the national average, offering further advantages for residents. By understanding these rates, property owners can make informed decisions about their investments and take advantage of potential savings through property tax appeals and exemptions.

Property Tax Rates Across Lobelville, Hickman County, Tennessee

Source: Ownwell

0.54%

0.56%

0.58%

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 Lobelville Tax Rate

0.47%

Median Effective Hickman County Tax Rate

0.58%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lobelville, Hickman County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37097	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lobelville, Hickman County, Tennessee

When examining property taxes in Lobelville, 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 Hickman 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 Hickman 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 Lobelville. For example, the median home price in Lobelville is $145,450, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lobelville, Hickman County, Tennessee

Source: Ownwell

$1,800

$88,000

$174,200

Median Lobelville Market Value

$145,450

Median Hickman County Market Value

$65,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lobelville, Hickman County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37097	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lobelville, Hickman County, Tennessee

In Lobelville, located in Hickman County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. With a median home price of $145,450, property tax bills can vary significantly. For instance, the 25th percentile tax bill is $442, while the 75th percentile reaches $1,087, and the 90th percentile can soar to $2,759. These figures illustrate the range of tax burdens homeowners may experience, highlighting the importance of accurate assessments.

Homeowners in Lobelville can face challenges if their property is over-assessed, leading to higher tax bills than necessary. This is where Ownwell can make a difference. By providing expert property tax appeal services, Ownwell helps homeowners ensure their assessments are fair, potentially saving them significant amounts on their annual tax bills. With a national median property tax rate of 1.02%, Ownwell's services are crucial in helping homeowners navigate and mitigate their tax liabilities effectively.

Property Tax Bills Across Lobelville, Hickman County, Tennessee

Source: Ownwell

$10

$436

$862

Median Lobelville Tax Bill

$600

Median Hickman County Tax Bill

$379

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Lobelville, Hickman County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37097	N/A	N/A	N/A	N/A	N/A

Source: Ownwell