Wartburg, Morgan County, Tennessee Property Taxes
Median Wartburg, TN effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Wartburg, TN home value: $96,450
Median annual Wartburg, TN tax bill: $658, $1,742 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Wartburg, 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 Wartburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wartburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wartburg, Morgan County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$656
$609
Property Tax Rates Across Wartburg, Morgan County, Tennessee
Local government entities determine tax rates, which can vary significantly within a state. Each county estimates its annual budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the basic annual process.
In Wartburg, located in Morgan County, the effective property tax rate is 0.68%, which is notably lower than the national median property tax rate of 1.02%. This means that property owners in Wartburg enjoy a relatively lower tax burden compared to the national average. The median property tax rate in Tennessee also reflects this trend, with Wartburg's rate aligning with the state's median.
Wartburg’s property tax rate offers a significant advantage for property owners, providing them with an opportunity to save on their annual tax bills. This lower tax rate can be a compelling factor for potential homeowners or investors considering property in Wartburg, making it an attractive option in comparison to other regions.
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 Wartburg Tax Rate
0.68%
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 Morgan County Tax Rate
0.68%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wartburg, Morgan County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37887 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Wartburg, Morgan County, Tennessee
When examining property taxes in Wartburg, 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 Morgan 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 Morgan 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 Wartburg.
For example, the median home price in Wartburg is $96,450, with tax bills ranging significantly across the county. Zip code 37887 has the highest median home price at $96,450.
Property Tax Assessment Values Across Wartburg, Morgan County, Tennessee
Source: Ownwell
$43,300
$118,525
$193,750
Median Wartburg Market Value
$96,450
Median Morgan County Market Value
$87,650
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wartburg, Morgan County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37887 | $22,620 | $58,175 | $96,450 | $143,500 | $205,200 |
Source: Ownwell
Property Tax Bills Across Wartburg, Morgan County, Tennessee
In Wartburg, TN, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is a fraction of the market value, which is determined by local assessors. Wartburg's median home price is $96,450, with property tax bills ranging from the 25th percentile at $400 to the 90th percentile at $1,405. The median tax bill is $658, significantly lower than the national median of $2,400. These figures indicate a relatively low tax burden for Wartburg homeowners, especially when compared to the national median property tax rate of 1.02%.
Despite the lower tax rates, homeowners can still benefit from appealing their property tax assessments. Ownwell offers expert property tax appeal and exemption services that can help reduce tax bills by identifying discrepancies in assessed values or ensuring all eligible exemptions are applied. By partnering with Ownwell, homeowners in Wartburg may save on their property taxes, ensuring they pay only their fair share and potentially lowering their annual expenses.
Median Wartburg Tax Bill
$658
Median Morgan County Tax Bill
$603
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Wartburg, Morgan County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37887 | $152 | $400 | $658 | $984 | $1,405 |
Source: Ownwell
