Gleason, Weakley County, Tennessee Property Taxes

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

Median Gleason, TN effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but higher than the Tennessee state median of 0.64%.
Median Gleason, TN home value: $65,000
Median annual Gleason, TN tax bill: $458, $1,942 lower than the national median property tax bill of $2,400.

How are property taxes in Weakley County calculated?

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

Last Updated March 1, 2025

Gleason, Weakley County, Tennessee Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$514

$477

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

Property Tax Rates Across Gleason, Weakley County, Tennessee

Local government entities set tax rates, which can vary widely within a state. 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. Gleason in Weakley County, TN, offers a unique perspective on property taxes. The effective property tax rate here is slightly below the national median, making it an appealing option for homeowners seeking affordability without compromising on essential services. Compared to other cities in Tennessee, Gleason's rate is quite competitive, offering residents a balance between cost and community benefits. With the national median property tax rate at 1.02%, Gleason's rate reflects a more favorable tax environment, which can be a significant consideration for potential homebuyers or investors. The town’s commitment to maintaining a reasonable tax rate ensures that residents can enjoy quality public services without facing exorbitant property tax bills.

Property Tax Rates Across Gleason, Weakley County, Tennessee

Source: Ownwell

0.49%

0.71%

0.93%

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 Gleason Tax Rate

0.79%

Median Effective Weakley County Tax Rate

0.49%

Median Effective Tennessee Tax Rate

0.64%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gleason, Weakley County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38229	0.49%	0.49%	0.79%	0.91%	0.91%

Source: Ownwell

Property Tax Assessment Values Across Gleason, Weakley County, Tennessee

When examining property taxes in Gleason, 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 Weakley 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. Assessment notices: In Weakley 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 Gleason. For example, the median home price in Gleason is $65,000, with tax bills ranging significantly across the county. Zip code 38229 has the highest median home price at $65,000.

Property Tax Assessment Values Across Gleason, Weakley County, Tennessee

Source: Ownwell

$57,900

$77,700

$97,500

Median Gleason Market Value

$65,000

Median Weakley County Market Value

$76,000

Median Tennessee Market Value

$173,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gleason, Weakley County, Tennessee

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38229	$27,100	$42,300	$65,000	$106,650	$174,360

Source: Ownwell

Property Tax Bills Across Gleason, Weakley County, Tennessee

In Gleason, located in Weakley County, TN, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $65,000, which contributes to a relatively low property tax bill compared to the national median. Homeowners typically see tax bills ranging from $292 at the 25th percentile to $707 at the 75th percentile, with the 90th percentile reaching $1,137. This is significantly lower than the national median property tax bill of $2,400. Factors influencing these bills include the property's assessed value and the local tax rate, which can vary annually based on budgetary needs. High property taxes can burden homeowners, impacting their financial stability. However, Ownwell can assist by identifying potential savings through property tax appeals and exemptions. By analyzing your property's assessed value and comparing it to similar properties, Ownwell can help ensure you are not overpaying, potentially reducing your property tax bill and easing the financial burden on your household.

Property Tax Bills Across Gleason, Weakley County, Tennessee

Source: Ownwell

$336

$512

$688

Median Gleason Tax Bill

$458

Median Weakley County Tax Bill

$523

Median Tennessee Tax Bill

$1,206

Median United States Tax Bill

$2,400

Property Tax Bills Across Gleason, Weakley County, Tennessee

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38229	$168	$292	$458	$707	$1,137

Source: Ownwell