Lebanon, Wilson County, Tennessee Property Taxes
Median Lebanon, TN effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Lebanon, TN home value: $251,100
Median annual Lebanon, TN tax bill: $1,509, $891 lower than the national median property tax bill of $2,400.
How are property taxes in Wilson County 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, Wilson County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$1,381
$1,282
Property Tax Rates Across Lebanon, Wilson County, Tennessee
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
0.55%
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 Wilson County Tax Rate
0.50%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lebanon, Wilson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37087 | 0.48% | 0.48% | 0.71% | 0.72% | 0.72% |
| 37090 | 0.48% | 0.48% | 0.48% | 0.65% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Lebanon, Wilson 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 Wilson 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 Wilson 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 $251,100, with tax bills ranging significantly across the county. Zip code 37090 has the highest median home price at $256,500.
Property Tax Assessment Values Across Lebanon, Wilson County, Tennessee
Source: Ownwell
$116,700
$227,650
$338,600
Median Lebanon Market Value
$251,100
Median Wilson County Market Value
$285,400
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lebanon, Wilson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37087 | $79,040 | $160,600 | $248,000 | $346,600 | $456,460 |
| 37090 | $80,200 | $162,400 | $256,500 | $349,225 | $433,300 |
Source: Ownwell
Property Tax Bills Across Lebanon, Wilson County, Tennessee
In Lebanon, located in Wilson County, TN, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Lebanon experience a median property tax bill that ranges between $1,440 and $1,536, depending on the specific zip code. These figures are below the national median property tax bill of $2,400, offering some financial relief to homeowners in the area. However, the tax bill can vary significantly, with some homeowners paying as much as $2,737.
Factors influencing the property tax bill include changes in property value and local government budget requirements. For homeowners seeking to reduce their property tax burden, Ownwell provides expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell can help homeowners achieve significant savings. This service ensures that homeowners pay only their fair share, potentially reducing their annual property tax expenses.
Median Lebanon Tax Bill
$1,509
Median Wilson County Tax Bill
$1,525
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Lebanon, Wilson County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37087 | $411 | $941 | $1,536 | $2,117 | $2,804 |
| 37090 | $442 | $839 | $1,440 | $2,024 | $2,623 |
Source: Ownwell