Tipton County Property Tax Rate
Tennessee
Tipton County, Tennessee has an effective property tax rate of 0.50%, which is 46% lower than the national average of 0.92%. On a home valued at $240,600, homeowners pay approximately $1,211 per year in property taxes. Tipton County ranks #34 out of 95 counties in Tennessee for property tax rates.
$1,211
Per year
$240,600
2024 estimate
1.63%
Median income: $74,127
#34
of 95 counties in TN
Tax Breakdown
With Mortgage
$1,238
median annual tax
Without Mortgage
$1,160
median annual tax
Homeowners with a mortgage in Tipton County pay on average $78 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.
How Tipton County Compares
Top Counties in Tennessee
Historical Property Tax Trends
| Year | Median Tax | Median Home Value | Effective Rate |
|---|---|---|---|
| 2020 | $999 | $161,300 | 0.62% |
| 2021 | $1,020 | $168,100 | 0.61% |
| 2022 | $1,112 | $203,500 | 0.55% |
| 2023 | $1,158 | $220,100 | 0.53% |
| 2024 | $1,211 | $240,600 | 0.50% |
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Tennessee Property Tax Exemptions
Available to Tipton 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 Tipton County
Estimated Annual Property Tax
$1,500
$125/month · Rate: 0.50%
Nearby Counties
Quick Facts
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Homeowners save an average of $1,148/year by appealing their assessment.
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Data Source: U.S. Census Bureau, 2024 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.