Obion County, Tennessee Property Taxes
Census Bureau ACS property tax data for Tennessee. Population: 8,402.
The median annual property tax in Obion County is $697, which is 31% lower than the Tennessee state average and 64% below the national average. The effective tax rate is 0.57% on a median home value of $122,700. Property taxes represent 1.3% of the median household income in this county.
Median Annual Tax
$697
-31% vs State
-64% vs US
Median Home Value
$122,700
-39% vs State
-42% vs US
Effective Tax Rate
0.57%
+12% vs State
-40% vs US
With vs Without Mortgage
With Mortgage
$749
$62/mo
Without Mortgage
$647
$54/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 | $697 -0.4% | 0.57% |
| 2022 | $700 +9.2% | 0.59% |
| 2021 | $641 -2.1% | 0.62% |
| 2020 | $655 -0.5% | 0.68% |
| 2019 | $658 | 0.72% |
Tax Burden
Tax-to-Income Ratio
1.3%
of median household income
Median Income
$53,102
per year
Monthly Tax
$58
per month
Other Counties in Tennessee
Montgomery County
Tax: $1,671/yr Rate: 0.67%
Van Buren County
Tax: $596/yr Rate: 0.40%
Bedford County
Tax: $1,274/yr Rate: 0.50%
Lake County
Tax: $758/yr Rate: 0.71%
Madison County
Tax: $1,161/yr Rate: 0.61%
Knox County
Tax: $1,332/yr Rate: 0.48%
Frequently Asked Questions
What is the average property tax in Obion County, Tennessee? ▼
The median annual property tax in Obion County is $697 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.57% on a median home value of $122,700.
How does Obion County property tax compare to the national average? ▼
Property taxes in Obion County are 64% below the national average of $1,923. The effective rate of 0.57% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Obion County? ▼
In Obion County, homeowners with a mortgage pay a median of $749 in annual property taxes, while homeowners without a mortgage pay $647. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Obion County? ▼
Property taxes in Obion County represent approximately 1.3% of the median household income of $53,102. 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.