Spring Hill, Maury County, Tennessee Property Taxes

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

Median Spring Hill, TN effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Spring Hill, TN home value: $321,600
Median annual Spring Hill, TN tax bill: $1,956, $444 lower than the national median property tax bill of $2,400.

How are property taxes in Maury County calculated?

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

Last Updated March 1, 2025

Spring Hill, Maury County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$2,123

$1,970

Ownwell’s Spring Hill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Spring Hill with just two data points. By entering your property's estimated assessed value, our calculator applies Spring Hill’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Maury 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 Maury County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Spring Hill, Maury County, Tennessee

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates the budget required to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Spring Hill, located in Maury County, Tennessee, the effective property tax rate is 0.66%. This rate is significantly lower than the national median property tax rate of 1.02%. When comparing property tax rates, Spring Hill stands out as having one of the lowest rates in the region, reflecting Tennessee's overall trend of maintaining lower property tax rates compared to the national average.

This lower tax rate can provide significant savings for homeowners, making Spring Hill an attractive location for those seeking affordable property taxes. The city's effective property tax rate aligns with the state's trend of offering competitive tax rates, providing a financial advantage for property owners in the area.

Property Tax Rates Across Spring Hill, Maury County, Tennessee

Source: Ownwell

0.48%

0.69%

0.90%

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 Spring Hill Tax Rate

0.66%

Median Effective Maury County Tax Rate

0.66%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Spring Hill, Maury County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37174	0.48%	0.54%	0.66%	0.66%	0.66%
38474	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Spring Hill, Maury County, Tennessee

When examining property taxes in Spring Hill, 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 March. 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 Spring Hill.

For example, the median home price in Spring Hill is $321,600, with tax bills ranging significantly across the county. Zip code 37174 has the highest median home price at $321,600.

Property Tax Assessment Values Across Spring Hill, Maury County, Tennessee

Source: Ownwell

$26,700

$174,150

$321,600

Median Spring Hill Market Value

$321,600

Median Maury County Market Value

$247,600

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Spring Hill, Maury County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37174	$178,740	$251,600	$321,600	$397,700	$474,060
38474	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Spring Hill, Maury County, Tennessee

In Spring Hill, Tennessee, 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 to calculate the annual tax bill. Homeowners in Spring Hill can expect a median tax bill of $1,956, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,496 and the 90th percentile reaching $3,008. These variations depend on factors such as property location within Maury County and changes in market conditions. For homeowners, understanding these factors is crucial as they directly impact the amount payable in property taxes each year. Ownwell offers property tax appeal and exemption services to help homeowners potentially reduce their tax burden. By leveraging expertise in local tax regulations and market trends, Ownwell can assist homeowners in identifying opportunities for tax savings, ensuring they pay only their fair share.

Property Tax Bills Across Spring Hill, Maury County, Tennessee

Source: Ownwell

$200

$1,078

$1,956

Median Spring Hill Tax Bill

$1,956

Median Maury County Tax Bill

$1,525

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Spring Hill, Maury County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37174	$1,137	$1,496	$1,956	$2,502	$3,008
38474	N/A	N/A	N/A	N/A	N/A

Source: Ownwell