Nashville, Williamson County, Tennessee Property Taxes
Median Nashville, TN effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Nashville, TN home value: $785,400
Median annual Nashville, TN tax bill: $3,703, $1,303 higher than the national median property tax bill of $2,400.
How are property taxes in Williamson calculated?
Property taxes in Nashville, 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 Nashville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nashville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nashville, Williamson County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$3,691
$3,425
Property Tax Rates Across Nashville, Williamson County, Tennessee
Local government entities in Tennessee set property tax rates, and these can vary significantly across different areas. Each county in Tennessee, including Williamson County, assesses its budgetary needs annually. They then divide this budget by the total assessed value of all taxable property within their jurisdiction to determine the property tax rate. While votes and legislative measures play a role in finalizing these rates and budgets, this is the core process followed each year.
In Nashville, located in Williamson County, the effective property tax rate stands at 0.47%, which is notably lower than the national median property tax rate of 1.02%. This rate is consistent across different areas within Nashville, such as the zip codes 37221 and 37215, making it one of the more affordable places in terms of property taxes within the state. Comparing this to the national median property tax bill of $2,400, Nashville residents benefit from relatively lower property tax expenses. This makes Nashville an attractive location for property owners seeking lower tax liabilities.
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 Nashville Tax Rate
0.47%
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 Williamson County Tax Rate
0.54%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nashville, Williamson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37215 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| 37221 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Nashville, Williamson County, Tennessee
When examining property taxes in Nashville, 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 Williamson 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 Williamson 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 Nashville. For example, the median home price in Nashville is $785,400, with tax bills ranging significantly across the county. Zip code 37215 has the highest median home price at $938,600.
Property Tax Assessment Values Across Nashville, Williamson County, Tennessee
Source: Ownwell
$161,000
$549,800
$938,600
Median Nashville Market Value
$785,400
Median Williamson County Market Value
$492,600
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nashville, Williamson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37215 | $808,760 | $866,150 | $938,600 | $1,038,100 | $1,190,400 |
| 37221 | $497,090 | $677,250 | $782,900 | $894,725 | $1,147,010 |
Source: Ownwell
Property Tax Bills Across Nashville, Williamson County, Tennessee
Median Nashville Tax Bill
$3,703
Median Williamson County Tax Bill
$2,616
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Nashville, Williamson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37215 | $3,608 | $3,834 | $4,343 | $4,845 | $5,706 |
| 37221 | $2,412 | $3,192 | $3,691 | $4,194 | $5,353 |
Source: Ownwell