Tipton County, Tennessee Property Taxes
Property Taxes in Tipton County, Tennessee
Median Tipton County effective property tax rate: 0.38%, significantly lower than the national median of 1.02%.
Median Tipton County home value: $210,350
Median annual Tipton County tax bill: $712, $1,688 lower than the national median property tax bill of $2,400.
How are property taxes in Tipton County calculated?
Property taxes in Tipton 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 Tipton County or another part of Tipton County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Tipton County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.38%
Estimate Property Tax Bill
$799
$742
How Does the Tipton County Property Tax Calculator Work?
Use this Tipton County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Tipton County's median effective tax rate of 0.38% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Tipton County’s median property tax bill is $712, which is lower than Tennessee’s median tax bill of $2,400 and lower than the national median tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Tipton County.
Property Tax Rates Across Tipton County, Tennessee
What Are Effective Property Tax Rates Across Tipton County?
Local government entities set tax rates, which vary widely across Tipton County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Tipton County's effective property tax rate to other counties in Tennessee or the U.S. median of 1.02%.
Tipton County's median effective rate stands at 0.38%, which is lower than the national median of 1.02%. Within Tipton County, the highest rate is found in Covington at 0.38%, while Mason has the lowest at 0.38%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Tipton County Tax Rate
0.38%
Our median effective property tax rate (tax bill Ă· 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 Tennessee Tax Rate
0.54%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tipton County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atoka | 0.25% | 0.38% | 0.38% | 0.38% | 0.38% |
| Brighton | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Burlison | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Covington | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Drummonds | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Mason | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Millington | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Munford | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Stanton | 0.30% | 0.38% | 0.38% | 0.38% | 0.38% |
| Somerville | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Tipton County, Tennessee
When examining property taxes in Tipton 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 Tipton County Assessor 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 Tipton 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 Tipton County.
For example, the median tax bill in Tipton County is $712, with tax bills ranging significantly across the county. Atoka has the highest median home price at $307,850.
Property Tax Assessment Values Across Tipton County, Tennessee
Source: Ownwell
$121,800
$214,825
$307,850
Median Tipton County Market Value
$210,350
Median Tennessee Market Value
$213,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tipton County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atoka | $159,450 | $231,950 | $307,850 | $385,000 | $479,250 |
| Brighton | $89,080 | $139,600 | $217,700 | $317,475 | $440,250 |
| Burlison | $20,900 | $86,900 | $153,400 | $258,050 | $374,240 |
| Covington | $51,030 | $93,500 | $149,600 | $235,300 | $386,210 |
| Drummonds | $18,100 | $96,925 | $185,750 | $293,200 | $393,480 |
| Mason | $16,100 | $68,150 | $121,800 | $174,000 | $315,230 |
| Millington | $23,600 | $112,500 | $206,700 | $282,100 | $374,200 |
| Munford | $95,700 | $169,425 | $234,600 | $310,175 | $411,940 |
| Stanton | $22,260 | $88,950 | $142,200 | $259,500 | $383,520 |
| Somerville | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Tipton County, Tennessee
Property tax bills in Tipton County are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the final bill, so two homes with similar market values can still owe different amounts if their assessments differ. For homeowners, this means the tax bill can change when a property is reassessed or when local rates are adjusted.
The county’s median home price is $210,350, and property tax bills vary widely across the area. The 25th percentile tax bill is $410, while the 75th percentile is $1,091 and the 90th percentile is $1,528. That spread shows how location, home characteristics, and assessment differences can affect what homeowners pay. In Tipton County, understanding how your home is assessed is key because it directly influences the amount due each year.
Median Tipton County Tax Bill
$712
Median Tennessee Tax Bill
$1,126
Median United States Tax Bill
$2,400
Property Tax Bills Across Tipton County, Tennessee
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atoka | $71 | $588 | $880 | $1,307 | $1,846 |
| Brighton | $294 | $495 | $794 | $1,283 | $1,745 |
| Burlison | $78 | $325 | $566 | $939 | $1,295 |
| Covington | $154 | $382 | $646 | $1,027 | $1,579 |
| Drummonds | $84 | $367 | $694 | $1,091 | $1,453 |
| Mason | $64 | $247 | $470 | $746 | $1,284 |
| Millington | $90 | $396 | $728 | $1,020 | $1,431 |
| Munford | $159 | $542 | $877 | $1,089 | $1,370 |
| Stanton | $84 | $336 | $518 | $872 | $1,322 |
| Somerville | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 31 |
Links | |
|---|---|
| Tipton Tax Assessor | |
| Website | tiptontn.geopowered.com |