Montgomery County Property Taxes

The effective property tax rate in Montgomery County, Tennessee is 0.67%. This rate is calculated by dividing the median property tax payment by the median home value in the county.

The median annual property tax payment in Montgomery County is $1,671. Homeowners with a mortgage pay a median of $1,715, while those without a mortgage pay $1,550.

Montgomery County's effective tax rate of 0.67% is higher than the Tennessee state average of 0.50%. The median annual property tax in Montgomery County is $1,671, compared to the state average of $1,016.

The median home value in Montgomery County, Tennessee is $248,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.

Montgomery County's effective property tax rate of 0.67% is higher than the Tennessee average of 0.50%. This difference of 0.17% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.

Montgomery County ranks #91 out of 95 counties in Tennessee by effective property tax rate (1 = lowest). With a rate of 0.67% and median annual tax of $1,671, it falls in the upper third of counties statewide.