Shelby County, Tennessee Property Taxes

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

Median Shelby County effective property tax rate: 1.52%, significantly higher than the national median of 1.02%.
Median Shelby County home value: $147,100
Median annual Shelby County tax bill: $1,907, $493 lower than the national median property tax bill of $2,400.

How are property taxes in Shelby County calculated?

Property taxes in Shelby County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Memphis or another part of Shelby County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Shelby County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$1,286

$1,193

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

Property Tax Rates Across Shelby County, Tennessee

Local government entities are responsible for setting tax rates, which can vary significantly within Tennessee. This variation occurs because each county, including Shelby County, estimates its necessary budget to provide essential services annually. The total budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although laws and votes play a role in setting these rates and budgets, this is the fundamental process followed each year. Shelby County's effective property tax rate can be compared to other counties in Tennessee or the U.S. median property tax rate. With a median property tax rate of 1.52%, Shelby County exceeds the national median of 1.02%. This higher rate reflects the county's budgetary demands and the value of taxable property. In contrast, Atoka has the lowest median tax rate in the state at 0.85%, while Memphis shares Shelby County's highest rate of 1.52%. Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Shelby County, Tennessee

Source: Ownwell

0.45%

0.60%

0.75%

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 Shelby County Tax Rate

0.61%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shelby County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Arlington	0.54%	0.59%	0.63%	0.70%	0.87%
Atoka	0.58%	0.66%	0.68%	0.71%	0.73%
Bartlett	0.55%	0.58%	0.62%	0.66%	0.84%
Brighton	0.50%	0.62%	0.67%	0.69%	0.71%
Collierville	0.57%	0.62%	0.65%	0.68%	0.71%
Cordova	0.56%	0.59%	0.62%	0.65%	0.69%
Eads	0.49%	0.59%	0.65%	0.71%	0.77%
Germantown	0.57%	0.61%	0.65%	0.69%	0.73%
Lakeland	0.39%	0.41%	0.45%	0.59%	0.68%
Memphis	0.47%	0.52%	0.59%	0.66%	0.75%
Millington	0.47%	0.52%	0.59%	0.69%	1.00%
Marlton	N/A	N/A	N/A	N/A	N/A
Piperton	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Shelby County, Tennessee

When examining property taxes in Shelby County, 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 Shelby 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.

In Shelby 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 Shelby County. For example, the median tax bill in Shelby County is $2,400, with tax bills ranging significantly across the county. Eads has the highest median home price at $488,750.

Property Tax Assessment Values Across Shelby County, Tennessee

Source: Ownwell

$55,400

$365,000

$674,600

Median Shelby County Market Value

$210,800

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shelby County, Tennessee

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Arlington	$230,000	$321,950	$411,000	$518,600	$631,700
Atoka	$192,820	$252,550	$323,700	$416,575	$590,470
Bartlett	$221,600	$256,300	$322,300	$388,500	$450,490
Brighton	$129,870	$210,650	$278,550	$403,575	$545,650
Collierville	$310,760	$392,150	$506,500	$633,700	$788,340
Cordova	$217,100	$250,300	$293,600	$345,100	$414,600
Eads	$267,800	$453,600	$674,600	$1,065,650	$1,727,920
Germantown	$341,100	$397,375	$485,900	$638,850	$877,000
Lakeland	$250,520	$303,900	$413,300	$549,300	$669,080
Memphis	$52,800	$87,100	$141,500	$229,100	$347,100
Millington	$97,000	$157,200	$209,300	$308,450	$417,940
Marlton	N/A	N/A	N/A	N/A	N/A
Piperton	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Shelby County, Tennessee

In Shelby County, TN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value, and this figure is then multiplied by the local tax rate to determine the tax bill. Several factors can influence the assessed value, including the property's location, size, and condition. Shelby County's property tax bills vary significantly, with the 25th percentile at $1,036 and the 75th percentile reaching $3,369. The 90th percentile sees bills as high as $5,070. For comparison, the national median property tax bill is $2,400, highlighting the variation within the county. Homeowners in Germantown face the highest median tax bill at $4,833, while those in Memphis experience the lowest at $1,349. These taxes are crucial for funding local services such as schools, roads, and emergency services, directly impacting the community's quality of life. Understanding these factors can help homeowners better anticipate their financial obligations.

Property Tax Bills Across Shelby County, Tennessee

Source: Ownwell

$308

$2,146

$3,983

Median Shelby County Tax Bill

$1,285

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Shelby County, Tennessee

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Arlington	$1,342	$1,931	$2,588	$3,528	$4,532
Atoka	$1,380	$1,805	$2,202	$2,674	$3,601
Bartlett	$1,380	$1,651	$2,046	$2,439	$2,882
Brighton	$975	$1,384	$1,848	$2,433	$3,339
Collierville	$2,017	$2,552	$3,179	$4,060	$5,151
Cordova	$1,266	$1,484	$1,842	$2,189	$2,648
Eads	$1,705	$2,771	$3,983	$5,922	$10,578
Germantown	$2,172	$2,646	$3,125	$4,087	$5,791
Lakeland	$1,022	$1,306	$2,011	$2,984	$4,413
Memphis	$285	$471	$826	$1,424	$2,391
Millington	$508	$855	$1,229	$2,044	$2,981
Marlton	N/A	N/A	N/A	N/A	N/A
Piperton	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 31