Brighton, Tipton County, Tennessee Property Taxes
Median Brighton, TN effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Brighton, TN home value: $150,500
Median annual Brighton, TN tax bill: $894, $1,506 lower than the national median property tax bill of $2,400.
How are property taxes in Tipton calculated?
Property taxes in Brighton, 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 Brighton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brighton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brighton, Tipton County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$768
$712
Property Tax Rates Across Brighton, Tipton County, Tennessee
Local government entities in Tennessee set property tax rates, which can vary widely within the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of these rates and budgets, this is the annual process in a nutshell.
In Brighton, located in Tipton County, the effective property tax rate is at 0.51%, which is notably lower than the national median property tax rate of 1.02%. This lower tax rate can be an attractive feature for property owners, especially when compared to other regions within the state of Tennessee. The median property tax rate in Tennessee also stands at 0.51%, offering a consistent and competitive landscape for homeowners.
Understanding these rates and how they compare to national averages can provide valuable insights for property owners looking to make informed decisions about their investments in Brighton and beyond.
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 Brighton Tax Rate
0.51%
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 Tipton County Tax Rate
0.51%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brighton, Tipton County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38011 | 0.51% | 0.51% | 0.51% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Brighton, Tipton County, Tennessee
When examining property taxes in Brighton, 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 Tipton 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 Tipton 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 Brighton. For example, the median home price in Brighton is $150,500, with tax bills ranging significantly across the county. Zip code 38011 has the highest median home price at $150,500.
Property Tax Assessment Values Across Brighton, Tipton County, Tennessee
Source: Ownwell
$83,900
$147,700
$211,500
Median Brighton Market Value
$150,500
Median Tipton County Market Value
$143,800
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brighton, Tipton County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38011 | $60,400 | $96,000 | $150,500 | $213,100 | $294,560 |
Source: Ownwell
Property Tax Bills Across Brighton, Tipton County, Tennessee
Median Brighton Tax Bill
$894
Median Tipton County Tax Bill
$880
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Brighton, Tipton County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38011 | $332 | $520 | $894 | $1,262 | $1,637 |
Source: Ownwell
