Shelby County Property Tax Rate

Tennessee · 2023 Data

1.03%effective rate

Shelby County, Tennessee has an effective property tax rate of 1.03%, which is 8% higher than the national average of 0.95%. On a home valued at $229,700, homeowners pay approximately $2,376 per year in property taxes. Shelby County ranks #1 out of 95 counties in Tennessee for property tax rates.

Median Tax Paid🏠

$2,376

Per year

Median Home Value📊

$229,700

2023 estimate

Tax as % of Income💰

3.81%

Median income: $62,337

State Rank📍

#1

of 95 counties in TN

Tax Breakdown

With Mortgage

$2,548

median annual tax

Without Mortgage

$1,962

median annual tax

Homeowners with a mortgage in Shelby County pay on average $586 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.

How Shelby County Compares

Shelby County
1.03%
Tennessee Average
0.55%
National Average
0.95%

Top Counties in Tennessee

Shelby
1.03%
Haywood
0.71%
Lake
0.71%
Gibson
0.68%
Hamilton
0.67%
Montgomery
0.67%
Carroll
0.66%
Lauderdale
0.66%

Historical Property Tax Trends

YearMedian TaxMedian Home ValueEffective Rate
2019$2,064$150,4001.37%
2020$2,082$158,7001.31%
2021$2,129$170,2001.25%
2022$2,312$206,1001.12%
2023$2,376$229,7001.03%

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates

Tennessee Property Tax Exemptions

Available to Shelby County homeowners

Tax Relief (Over 65/Disabled)

Reimbursement of taxes paid on first $30,000 of market value

Homeowners age 65+ or disabled with income under $31,600

Disabled Veteran

Reimbursement of taxes paid on first $175,000 of market value

Veterans with 100% permanent and total service-connected disability

Property Tax Calculator

Estimate your annual property tax in Shelby County

$
$50k$2M

Estimated Annual Property Tax

$3,090

$258/month · Rate: 1.03%

Quick Facts

Population922,195
Owner-Occupied48.8%
National Rank#1135 of 3,133
Median Income$62,337

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2023 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.