Lebanon, Trousdale County, Tennessee Property Taxes

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

Median Lebanon, TN effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but also lower than the Tennessee state median of 0.64%. Median Lebanon, TN home value: $203,000. Median annual Lebanon, TN tax bill: $1,056, $1,344 lower than the national median property tax bill of $2,400.

How are property taxes in Trousdale calculated?

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

Last Updated March 1, 2025

Lebanon, Trousdale County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.49%

Estimate Property Tax Bill

$1,249

$1,159

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

Property Tax Rates Across Lebanon, Trousdale County, Tennessee

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Lebanon’s effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S. Lebanon, located in Trousdale County, boasts a median property tax rate of 0.49%. This rate is significantly lower than the national median property tax rate of 1.02%. In fact, the rate in Lebanon is among the lowest in the state, making it an attractive option for property owners. With property taxes being a crucial factor in determining the affordability of homeownership, understanding these rates is essential for potential buyers and current homeowners alike.

Property Tax Rates Across Lebanon, Trousdale County, Tennessee

Source: Ownwell

0.49%

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 Lebanon Tax Rate

0.49%

Median Effective Trousdale County Tax Rate

0.49%

Median Effective Tennessee Tax Rate

0.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lebanon, Trousdale County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
37087	0.27%	0.49%	0.49%	0.49%	0.49%

Source: Ownwell

Property Tax Assessment Values Across Lebanon, Trousdale County, Tennessee

When examining property taxes in Lebanon, 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 Trousdale 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 Trousdale 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 Lebanon. For example, the median home price in Lebanon is $203,000, with tax bills ranging significantly across the county. The zip code 37087 has the highest median home price at $203,000.

Property Tax Assessment Values Across Lebanon, Trousdale County, Tennessee

Source: Ownwell

$190,150

$237,825

$285,500

Median Lebanon Market Value

$254,800

Median Trousdale County Market Value

$208,600

Median Tennessee Market Value

$213,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lebanon, Trousdale County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
37087	$101,420	$137,625	$254,800	$388,175	$574,620

Source: Ownwell

Property Tax Bills Across Lebanon, Trousdale County, Tennessee

In Lebanon, TN, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Lebanon, located in Trousdale County, experience a median property tax bill of $1,056, which is notably lower than the national median of $2,400. This means homeowners here pay less than half of what the average American does. However, tax bills can vary significantly within the city, with the 25th percentile at $658 and the 90th percentile reaching $2,114. Factors influencing these variations include property location, size, and improvements. For homeowners, these taxes can impact their financial planning and homeownership costs. Fortunately, Ownwell offers valuable assistance in navigating these complexities. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities. This can lead to significant savings, ensuring homeowners aren't overpaying and are better able to manage their finances effectively.

Property Tax Bills Across Lebanon, Trousdale County, Tennessee

Source: Ownwell

$854

$1,098

$1,342

Median Lebanon Tax Bill

$1,054

Median Trousdale County Tax Bill

$1,044

Median Tennessee Tax Bill

$1,126

Median United States Tax Bill

$2,400

Property Tax Bills Across Lebanon, Trousdale County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
37087	$434	$650	$1,054	$1,577	$2,155

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 1

Links
Trousdale Tax Assessor
Website	tnmap.tn.gov