South Fulton, Weakley County, Tennessee Property Taxes
Median South Fulton, TN effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median South Fulton, TN home value: $97,500
Median annual South Fulton, TN tax bill: $481, $1,919 lower than the national median property tax bill of $2,400.
How are property taxes in Weakley County calculated?
Property taxes in South Fulton, 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 South Fulton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Fulton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
South Fulton, Weakley County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.49%
Estimate Property Tax Bill
$478
$443
Property Tax Rates Across South Fulton, Weakley County, Tennessee
Local government entities set tax rates, which can vary widely within Tennessee. 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 South Fulton's effective property tax rate to other cities in Tennessee and the median property tax rates in Tennessee and the U.S.
In South Fulton, located in Weakley County, the property tax rate is 0.49%, which is significantly lower than the national median property tax rate of 1.02%. This makes South Fulton an attractive location for property owners looking to minimize their tax burden. The median property tax bill in this region is also notably lower than the national median of $2400, offering further financial relief to homeowners. This favorable tax environment can contribute to increased property value and appeal among potential buyers, making South Fulton a desirable location for both current residents and prospective homeowners.
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 South Fulton Tax Rate
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 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 South Fulton, Weakley County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38257 | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across South Fulton, Weakley County, Tennessee
When examining property taxes in South Fulton, 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 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 Weakley 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 South Fulton.
For example, the median home price in South Fulton is $97,500, with tax bills ranging significantly across the county. The zip code 38257 has the highest median home price at $97,500.
Property Tax Assessment Values Across South Fulton, Weakley County, Tennessee
Source: Ownwell
$57,900
$77,700
$97,500
Median South Fulton Market Value
$97,500
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 South Fulton, Weakley County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38257 | $35,440 | $62,400 | $97,500 | $176,100 | $253,020 |
Source: Ownwell
Property Tax Bills Across South Fulton, Weakley County, Tennessee
Median South Fulton Tax Bill
$481
Median Weakley County Tax Bill
$523
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across South Fulton, Weakley County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38257 | $175 | $308 | $481 | $868 | $1,248 |
Source: Ownwell
