Readyville, Rutherford County, Tennessee Property Taxes

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

Median Readyville, TN effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Readyville, TN home value: $393,700
Median annual Readyville, TN tax bill: $1,860, $540 lower than the national median property tax bill of $2,400.

How are property taxes in Rutherford calculated?

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

Last Updated March 1, 2025

Readyville, Rutherford County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.47%

Estimate Property Tax Bill

$1,850

$1,717

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

Property Tax Rates Across Readyville, Rutherford County, Tennessee

Local government entities determine tax rates, leading to significant variation within a state. This is because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essential process that occurs each year.

In Readyville, located in Rutherford County, the effective property tax rate is notably lower than both the Tennessee state median and the national median of 1.02%. This offers a unique advantage for property owners in Readyville, as they benefit from lower tax obligations compared to many other areas. The lower tax rate can make a significant difference in overall property expenses, potentially freeing up funds for other investments or savings. Comparing Readyville’s effective property tax rate to other cities in Tennessee and the U.S. highlights its attractiveness for potential homeowners seeking affordability.

Property Tax Rates Across Readyville, Rutherford County, Tennessee

Source: Ownwell

0.47%

0.59%

0.71%

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 Readyville Tax Rate

0.47%

Median Effective Rutherford County Tax Rate

0.60%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Readyville, Rutherford County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37149	0.47%	0.47%	0.47%	0.47%	0.47%

Source: Ownwell

Property Tax Assessment Values Across Readyville, Rutherford County, Tennessee

When examining property taxes in Readyville, 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 Rutherford 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 Rutherford 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 Readyville. For example, the median home price in Readyville is $393,700, with tax bills ranging significantly across the county. Zip code 37149 has the highest median home price at $393,700.

Property Tax Assessment Values Across Readyville, Rutherford County, Tennessee

Source: Ownwell

$266,200

$375,650

$485,100

Median Readyville Market Value

$393,700

Median Rutherford County Market Value

$316,800

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Readyville, Rutherford County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37149	$232,900	$302,000	$393,700	$520,300	$654,860

Source: Ownwell

Property Tax Bills Across Readyville, Rutherford County, Tennessee

In Readyville, located in Rutherford County, TN, property tax bills are determined by the assessed value of a home and the local tax rate. This value is a percentage of the property's market value, which is then multiplied by the tax rate to calculate the tax bill. Homeowners in Readyville experience a median property tax bill of $1,860, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with 25th percentile bills at $1,374 and 90th percentile bills reaching up to $3,049. These variations depend on factors such as property location, size, and improvements. For homeowners, high property taxes can be a financial burden, impacting affordability and long-term investment. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures homeowners pay only their fair share, providing significant savings and peace of mind.

Property Tax Bills Across Readyville, Rutherford County, Tennessee

Source: Ownwell

$1,340

$2,124

$2,907

Median Readyville Tax Bill

$1,860

Median Rutherford County Tax Bill

$1,892

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Readyville, Rutherford County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37149	$1,020	$1,374	$1,860	$2,482	$3,049

Source: Ownwell