Lobelville, Humphreys County, Tennessee Property Taxes

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

Median Lobelville, TN effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Lobelville, TN home value: $171,300
Median annual Lobelville, TN tax bill: $1,360, $1,040 lower than the national median property tax bill of $2,400.

How are property taxes in Humphreys County 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, Humphreys County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$1,353

$1,256

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

Property Tax Rates Across Lobelville, Humphreys County, Tennessee

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county, such as Humphreys County, estimates its annual budget to provide necessary services and divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. In Lobelville, located in Humphreys County, the effective property tax rate can be compared to other cities in Tennessee. The median property tax rate in Tennessee is 0.79%, which is lower than the national median of 1.02%. This comparison highlights the variations in property tax rates within and across states. Understanding these differences can be crucial for property owners seeking to optimize their tax liabilities. By analyzing these rates, property owners can make informed decisions about potential savings and ensure they are not overpaying on their property taxes.

Property Tax Rates Across Lobelville, Humphreys County, Tennessee

Source: Ownwell

0.65%

0.75%

0.85%

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

0.79%

Median Effective Humphreys County Tax Rate

0.74%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lobelville, Humphreys 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, Humphreys 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 Humphreys 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: Humphreys County sends assessment notices 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 Lobelville. For example, the median home price in Lobelville is $171,300, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lobelville, Humphreys County, Tennessee

Source: Ownwell

$105,000

$116,550

$128,100

Median Lobelville Market Value

$171,300

Median Humphreys County Market Value

$111,300

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lobelville, Humphreys 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, Humphreys County, Tennessee

In Lobelville, located in Humphreys County, TN, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which is determined by the county assessor. For homeowners in Lobelville, the property tax burden is relatively low compared to national averages. The median home price in the area is $171,300, resulting in property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is $994, while at the 75th percentile, it is $2,361, and at the 90th percentile, it reaches $3,633. These figures highlight the range of tax liabilities homeowners may face.

Homeowners can benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell offers expert services to help homeowners navigate this process, potentially reducing their tax bills. By leveraging local market data and understanding tax regulations, Ownwell can identify opportunities for savings, ensuring homeowners pay only their fair share.

Property Tax Bills Across Lobelville, Humphreys County, Tennessee

Source: Ownwell

$899

$933

$967

Median Lobelville Tax Bill

$1,360

Median Humphreys County Tax Bill

$930

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Lobelville, Humphreys 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