Red Boiling Springs, Macon County, Tennessee Property Taxes

Name: Property Tax Bills Across Red Boiling Springs, Macon County, Tennessee
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median RED BOILING SPRINGS, TN effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median RED BOILING SPRINGS, TN home value: $48,100
Median annual RED BOILING SPRINGS, TN tax bill: $348, $2,052 lower than the national median property tax bill of $2,400.

How are property taxes in Macon County calculated?

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

Last Updated March 1, 2025

Red Boiling Springs, Macon County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$289

$268

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

Property Tax Rates Across Red Boiling Springs, Macon County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process. In Red Boiling Springs, located in Macon County, the effective property tax rate is notably lower than the national median of 1.02%. With a median property tax rate of 0.60%, Red Boiling Springs offers a more affordable property tax environment compared to many other areas. This can be an attractive factor for property owners looking to reduce their annual tax burden. By comparing Red Boiling Springs’ property tax rate to other cities within Tennessee and the national median, property owners can gain a clearer understanding of how local tax rates impact their financial planning.

Property Tax Rates Across Red Boiling Springs, Macon County, Tennessee

Source: Ownwell

0.60%

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 Red Boiling Springs Tax Rate

0.60%

Median Effective Macon County Tax Rate

0.60%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Red Boiling Springs, Macon County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37150	0.60%	0.60%	0.60%	0.96%	0.96%

Source: Ownwell

Property Tax Assessment Values Across Red Boiling Springs, Macon County, Tennessee

When examining property taxes in Red Boiling Springs, 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 Macon 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 Macon 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 Red Boiling Springs.

For example, the median home price in Red Boiling Springs is $48,100, with tax bills ranging significantly across the county. The zip code 37150 has the highest median home price at $48,100.

Property Tax Assessment Values Across Red Boiling Springs, Macon County, Tennessee

Source: Ownwell

$27,550

$57,525

$87,500

Median Red Boiling Springs Market Value

$48,100

Median Macon County Market Value

$73,400

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Red Boiling Springs, Macon County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37150	$7,000	$18,000	$48,100	$84,500	$134,000

Source: Ownwell

Property Tax Bills Across Red Boiling Springs, Macon County, Tennessee

In Red Boiling Springs, located in Macon County, TN, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $48,100, the property tax bill can range significantly, from the 25th percentile at $125 to the 90th percentile at $935. The median tax bill in this region is $348, considerably lower than the national median of $2,400. This lower tax burden can be beneficial for homeowners, but it's important to ensure assessments are accurate to avoid overpaying. Ownwell can assist homeowners by providing expert property tax appeal services, ensuring that their property's assessed value is fair and accurate. By identifying discrepancies and pursuing appeals, Ownwell helps homeowners reduce their property tax bills, leading to significant savings and a more manageable financial commitment.

Property Tax Bills Across Red Boiling Springs, Macon County, Tennessee

Source: Ownwell

$166

$377

$587

Median Red Boiling Springs Tax Bill

$348

Median Macon County Tax Bill

$483

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Red Boiling Springs, Macon County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37150	$58	$125	$348	$627	$935

Source: Ownwell