Montgomery County, Tennessee property tax
The median homeowner in Montgomery County, Tennessee pays $1,671 a year in property tax on a home worth $248,300, an effective rate of 0.67%. The national effective rate is 0.98%.
What the rate means here
At 0.67%, Montgomery County taxes property more lightly than the national 0.98%. With a median home at $248,300, that produces a bill of $1,671. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.
It ranks #6 of 95 Tennessee counties by effective rate, against a statewide 0.55%, and #1,859 nationally. The state runs from 1.03% in Shelby County down to 0.31% in Cumberland County.
The median home costs 3.43 times the median household income of $72,365, close to the national 3.86. The county has 227,957 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Montgomery County | Tennessee | United States | |
|---|---|---|---|
| Effective property tax | 0.67% | 0.55% | 0.98% |
| Median tax bill | $1,671 | $1,400 | $2,969 |
| Median home value | $248,300 | $256,800 | $303,400 |
| Median gross rent | $1,219 | $1,122 | $1,348 |
| Median household income | $72,365 | $67,097 | $78,538 |
| Home price to income | 3.43× | 3.83× | 3.86× |
| Rent as share of income | 20.21% | 20.07% | 20.6% |
| Owner-occupied | 62.94% | 67.03% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 227,957.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Williamson County | 0.43% | $2,891 | $673,700 |
| Sumner County | 0.53% | $1,944 | $364,000 |
| Sullivan County | 0.63% | $1,205 | $190,800 |
| Wilson County | 0.44% | $1,743 | $397,000 |
| Blount County | 0.50% | $1,387 | $275,700 |
Montgomery County property tax: common questions
What is the property tax rate in Montgomery County, Tennessee?
The effective rate is 0.67% of home value, from a median tax bill of $1,671 against a median home value of $248,300. That is 0.31 points below the national 0.98%.
How much is property tax on a $400,000 home in Montgomery County?
Roughly $2,680 a year at the county effective rate of 0.67%.
Is Montgomery County expensive compared with the rest of Tennessee?
It ranks #6 of 95 Tennessee counties by effective property tax rate, and #1859 of 2,826 nationally. That is 0.12 points above the Tennessee average of 0.55%.
What does housing cost in Montgomery County?
The median home is worth $248,300 and median gross rent is $1,219 a month. Median household income is $72,365, which puts the home at 3.43 times annual income and rent at 20.21% of it.