Monroe County, Tennessee Property Taxes
Census Bureau ACS property tax data for Tennessee. Population: 13,927.
The median annual property tax in Monroe County is $887, which is 13% lower than the Tennessee state average and 54% below the national average. The effective tax rate is 0.44% on a median home value of $199,700. Property taxes represent 1.6% of the median household income in this county.
Median Annual Tax
$887
-13% vs State
-54% vs US
Median Home Value
$199,700
-1% vs State
-6% vs US
Effective Tax Rate
0.44%
-14% vs State
-54% vs US
With vs Without Mortgage
With Mortgage
$929
$77/mo
Without Mortgage
$859
$72/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 | $887 +7.0% | 0.44% |
| 2022 | $829 +10.5% | 0.47% |
| 2021 | $750 +2.2% | 0.49% |
| 2020 | $734 -0.1% | 0.50% |
| 2019 | $735 | 0.55% |
Tax Burden
Tax-to-Income Ratio
1.6%
of median household income
Median Income
$56,648
per year
Monthly Tax
$74
per month
Other Counties in Tennessee
Sumner County
Tax: $1,944/yr Rate: 0.53%
Lincoln County
Tax: $991/yr Rate: 0.47%
Weakley County
Tax: $737/yr Rate: 0.54%
Maury County
Tax: $1,476/yr Rate: 0.48%
Wayne County
Tax: $683/yr Rate: 0.54%
Hickman County
Tax: $1,089/yr Rate: 0.57%
Frequently Asked Questions
What is the average property tax in Monroe County, Tennessee? ▼
The median annual property tax in Monroe County is $887 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.44% on a median home value of $199,700.
How does Monroe County property tax compare to the national average? ▼
Property taxes in Monroe County are 54% below the national average of $1,923. The effective rate of 0.44% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Monroe County? ▼
In Monroe County, homeowners with a mortgage pay a median of $929 in annual property taxes, while homeowners without a mortgage pay $859. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Monroe County? ▼
Property taxes in Monroe County represent approximately 1.6% of the median household income of $56,648. 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.