Mt Pleasant, Maury County, Tennessee Property Taxes
Median MT PLEASANT, TN effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median MT PLEASANT, TN home value: $35,800
Median annual MT PLEASANT, TN tax bill: $201, $2,199 lower than the national median property tax bill of $2,400.
How are property taxes in Maury calculated?
Property taxes in MT PLEASANT, 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 MT PLEASANT’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MT PLEASANT, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mt Pleasant, Maury County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.48%
Estimate Property Tax Bill
$181
$168
Property Tax Rates Across Mt Pleasant, Maury County, Tennessee
Local government entities set tax rates, which can vary widely within Tennessee. 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 MT PLEASANT’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
In MT PLEASANT, located in Maury County, the effective property tax rate is 0.48%, which is below the national median rate of 1.02%. This lower rate can be attractive for homeowners, potentially reducing the annual property tax bill. The uniformity of rates across the state highlights a stable tax environment, offering predictability for property owners. However, it's essential to consider that while tax rates are lower, the assessed property values might differ, impacting the final tax bill. Comparing MT PLEASANT's rates to both state and national figures can help homeowners make informed decisions about property investments and financial planning.
Our median effective property tax rate (tax bill Ă· 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 Mt Pleasant Tax Rate
0.48%
Our median effective property tax rate (tax bill Ă· 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 Maury County Tax Rate
0.48%
Median Effective Tennessee Tax Rate
0.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mt Pleasant, Maury County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38474 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Mt Pleasant, Maury County, Tennessee
When examining property taxes in MT PLEASANT, 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 Maury 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.
In Maury 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 MT PLEASANT. For example, the median home price in MT PLEASANT is $35,800, with tax bills ranging significantly across the county. 38474 has the highest median home price at $35,600.
Property Tax Assessment Values Across Mt Pleasant, Maury County, Tennessee
Source: Ownwell
$25,000
$182,300
$339,600
Median Mt Pleasant Market Value
$37,700
Median Maury County Market Value
$252,450
Median Tennessee Market Value
$213,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mt Pleasant, Maury County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38474 | $14,700 | $21,300 | $37,700 | $54,300 | $88,180 |
Source: Ownwell
Property Tax Bills Across Mt Pleasant, Maury County, Tennessee
In MT PLEASANT, property tax bills are determined 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. In Maury County, where MT PLEASANT is located, homeowners face varying tax bills. The median property tax bill stands at $200, significantly lower than the national median of $2,400. However, the tax bill can range from the 25th percentile at $142 to the 90th percentile at $538, depending on the property's assessed value and applicable exemptions.
Homeowners can feel the financial impact of these tax bills, especially when values increase. This is where Ownwell steps in to help. By providing expert property tax appeal and exemption services, Ownwell can potentially reduce your tax burden. Our experienced team reviews your property’s assessment, identifies discrepancies, and files appeals on your behalf, ensuring you pay only your fair share. Let Ownwell assist you in navigating the complexities of property taxes and save on your tax bills.
Median Mt Pleasant Tax Bill
$180
Median Maury County Tax Bill
$1,187
Median Tennessee Tax Bill
$1,126
Median United States Tax Bill
$2,400
Property Tax Bills Across Mt Pleasant, Maury County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38474 | $72 | $100 | $180 | $273 | $415 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 31 |
Links | |
|---|---|
| Maury Tax Assessor | |
| Website | assessment.cot.tn.gov |