Montgomery County, Tennessee Property Taxes
Census Bureau ACS property tax data for Tennessee. Population: 53,073.
The median annual property tax in Montgomery County is $1,671, which is 64% higher than the Tennessee state average and 13% below the national average. The effective tax rate is 0.67% on a median home value of $248,300. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$1,671
+64% vs State
-13% vs US
Median Home Value
$248,300
+23% vs State
+17% vs US
Effective Tax Rate
0.67%
+31% vs State
-29% vs US
With vs Without Mortgage
With Mortgage
$1,715
$143/mo
Without Mortgage
$1,550
$129/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,671 +6.0% | 0.67% |
| 2022 | $1,576 +5.3% | 0.70% |
| 2021 | $1,497 +5.6% | 0.80% |
| 2020 | $1,418 +2.8% | 0.81% |
| 2019 | $1,380 | 0.83% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$72,365
per year
Monthly Tax
$139
per month
Other Counties in Tennessee
Roane County
Tax: $1,172/yr Rate: 0.55%
Sumner County
Tax: $1,944/yr Rate: 0.53%
Moore County
Tax: $1,252/yr Rate: 0.48%
Franklin County
Tax: $1,218/yr Rate: 0.56%
McMinn County
Tax: $707/yr Rate: 0.37%
Cheatham County
Tax: $1,479/yr Rate: 0.51%
Frequently Asked Questions
What is the average property tax in Montgomery County, Tennessee? ▼
The median annual property tax in Montgomery County is $1,671 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.67% on a median home value of $248,300.
How does Montgomery County property tax compare to the national average? ▼
Property taxes in Montgomery County are 13% below the national average of $1,923. The effective rate of 0.67% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montgomery County? ▼
In Montgomery County, homeowners with a mortgage pay a median of $1,715 in annual property taxes, while homeowners without a mortgage pay $1,550. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montgomery County? ▼
Property taxes in Montgomery County represent approximately 2.3% of the median household income of $72,365. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.