Tipton County, Tennessee property tax
The median homeowner in Tipton County, Tennessee pays $1,158 a year in property tax on a home worth $220,100, an effective rate of 0.53%. The national effective rate is 0.98%.
What the rate means here
At 0.53%, Tipton County taxes property more lightly than the national 0.98%. With a median home at $220,100, that produces a bill of $1,158. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.
It ranks #37 of 95 Tennessee counties by effective rate, against a statewide 0.55%, and #2,348 nationally. The state runs from 1.03% in Shelby County down to 0.31% in Cumberland County.
The median home costs 3.07 times the median household income of $71,736, close to the national 3.86. With 61,339 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
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
| Tipton County | Tennessee | United States | |
|---|---|---|---|
| Effective property tax | 0.53% | 0.55% | 0.98% |
| Median tax bill | $1,158 | $1,400 | $2,969 |
| Median home value | $220,100 | $256,800 | $303,400 |
| Median gross rent | $1,007 | $1,122 | $1,348 |
| Median household income | $71,736 | $67,097 | $78,538 |
| Home price to income | 3.07× | 3.83× | 3.86× |
| Rent as share of income | 16.85% | 20.07% | 20.6% |
| Owner-occupied | 77.19% | 67.03% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 61,339.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Cumberland County | 0.31% | $699 | $228,000 |
| Coffee County | 0.61% | $1,378 | $227,300 |
| Hamblen County | 0.46% | $863 | $188,800 |
| Hawkins County | 0.56% | $940 | $166,900 |
| Loudon County | 0.40% | $1,163 | $292,600 |
Tipton County property tax: common questions
What is the property tax rate in Tipton County, Tennessee?
The effective rate is 0.53% of home value, from a median tax bill of $1,158 against a median home value of $220,100. That is 0.45 points below the national 0.98%.
How much is property tax on a $400,000 home in Tipton County?
Roughly $2,120 a year at the county effective rate of 0.53%.
Is Tipton County expensive compared with the rest of Tennessee?
It ranks #37 of 95 Tennessee counties by effective property tax rate, and #2348 of 2,826 nationally. That is 0.02 points below the Tennessee average of 0.55%.
What does housing cost in Tipton County?
The median home is worth $220,100 and median gross rent is $1,007 a month. Median household income is $71,736, which puts the home at 3.07 times annual income and rent at 16.85% of it.