Mount Juliet, TN 38435
Effective tax rate
0.64%
Median home value
$173,000
Median annual tax
$1,107
vs. national median
-59%
vs. state average
+42%
Property tax calculator
Estimated annual tax
$1,107
Monthly escrow
$92
Daily cost
$3.03
How property tax is calculated in Montgomery County
Property tax in Mount Juliet, TN is calculated based on the assessed value of your property multiplied by the local tax rate. The effective tax rate in ZIP code 38435 is 0.64%, below the national median of 1.02%.
The formula is: Annual Tax = Assessed Value × (Tax Rate / 100). For a home valued at $173,000, the estimated annual property tax would be $1,107.
Montgomery County assesses properties periodically to determine fair market value. If you believe your assessment is too high, you have the right to appeal. Contact your county assessor's office for assessment schedules and appeal deadlines.
Property tax exemptions in Tennessee
Homestead exemption
Contact Montgomery County for eligibility
Senior citizen exemption
Contact Montgomery County for eligibility
Veteran exemption
Contact Montgomery County for eligibility
Disability exemption
Contact Montgomery County for eligibility
Frequently asked questions
What is the property tax rate in 38435?
The effective property tax rate in 38435 (Mount Juliet, Tennessee) is 0.64%. This means that on a home valued at $173,000, you would pay approximately $1,107 per year in property taxes.
How much is property tax on a $173,000 home in Mount Juliet?
Based on the effective rate of 0.64% in 38435, a home valued at $173,000 would pay approximately $1,107 per year in property taxes, or $92 per month.
How do I appeal my property tax in Tennessee?
To appeal your property tax assessment in Tennessee, you typically need to file a protest with your county's review board within the designated deadline. The process varies by county but generally involves gathering comparable sales data, submitting an appeal form, and attending a hearing.
What property tax exemptions are available in Tennessee?
Tennessee offers several property tax exemptions including homestead, senior citizen, veteran, and disability exemptions. Eligibility and amounts vary by program and local jurisdiction.
How does Mount Juliet property tax compare to the national average?
The effective property tax rate in 38435 (Mount Juliet) is 0.64%, compared to the national median of 1.02%. This means rates in Mount Juliet are below the national average.