Dover, Stewart County, Tennessee Property Taxes

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

Median Dover, TN effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%. Median Dover, TN home value: $106,200. Median annual Dover, TN tax bill: $682, $1,718 lower than the national median property tax bill of $2,400. How are property taxes in Stewart County calculated? Property taxes in Dover, 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 Dover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dover, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Dover, Stewart County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$627

$581

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

Property Tax Rates Across Dover, Stewart County, Tennessee

Local government entities determine tax rates, which can differ significantly within a state due to varying budgetary needs. Each year, counties estimate the budget needed for services and divide it by the total value of all taxable properties in their jurisdiction. This calculation determines the property tax rate. While laws and votes play a role in setting these rates and budgets, this is the basic annual process.

In Dover, located in Stewart County, the effective property tax rate is notably below the national median of 1.02%. This lower rate can be an attractive factor for potential homeowners or investors comparing property tax rates across different regions. Despite the relatively low rate, Dover offers essential services funded by these taxes, maintaining a balance between affordability and quality of life. By comparing Dover's tax rate to other cities in Tennessee, as well as state and national medians, prospective property owners can make informed decisions. Understanding these variations helps in evaluating the overall cost of property ownership and the potential financial benefits of investing in this area.

Property Tax Rates Across Dover, Stewart County, Tennessee

Source: Ownwell

0.59%

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 Dover Tax Rate

0.59%

Median Effective Stewart County Tax Rate

0.59%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dover, Stewart County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37058	0.59%	0.59%	0.59%	0.60%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Dover, Stewart County, Tennessee

When examining property taxes in Dover, 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 Stewart 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 Stewart 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 Dover. For example, the median home price in Dover is $106,200, with tax bills ranging significantly across the county. Zip code 37058 has the highest median home price at $106,200.

Property Tax Assessment Values Across Dover, Stewart County, Tennessee

Source: Ownwell

$68,400

$95,500

$122,600

Median Dover Market Value

$106,200

Median Stewart County Market Value

$102,200

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dover, Stewart County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37058	$26,200	$60,900	$106,200	$169,400	$256,220

Source: Ownwell

Property Tax Bills Across Dover, Stewart County, Tennessee

In Dover, Stewart County, TN, property tax bills are calculated 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 determine the tax bill. Factors such as property location, improvements, and local government budgets play a significant role in determining the final tax amount. For homeowners, this can mean a tax bill that ranges widely depending on these variables, with the 25th percentile tax bill at $384 and the 90th percentile reaching $1,686. Compared to the national median property tax bill of $2,400, Dover offers relatively affordable property taxes. However, homeowners can still find themselves overpaying if their property's assessed value is inaccurate or if they are not taking advantage of available exemptions. Ownwell assists homeowners by providing expert property tax appeal and exemption services, ensuring that property assessments are fair and accurate, potentially saving homeowners a significant amount on their tax bills.

Property Tax Bills Across Dover, Stewart County, Tennessee

Source: Ownwell

$404

$564

$724

Median Dover Tax Bill

$682

Median Stewart County Tax Bill

$644

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Dover, Stewart County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37058	$160	$384	$682	$1,110	$1,686

Source: Ownwell