Jo Ann North

Property Assessor

I WANT TO ..

• Look at your file data on my property

• Estimate my property taxes

• Learn how the appraisal processes work

• Read about Business Personalty Assessment

• Find a parcel on Metro's online property maps

• Go to Metro Nashville Government's Home Page

Estimate Your Taxes

Our consolidated city-county government has two tax districts:

• The General Services District (GSD), covers all the geographic area of the former Davidson County government;

• The Urban Services District (USD), is an area originating from the old City of Nashville boundaries extending into suburban areas as they were annexed into the USD to receive urban services.

• USD property owners pay the GSD tax rate plus the USD tax rate.

The additional USD tax covers the more extensive services not provided to those in the GSD outside of the USD boundary, who pay only the basic GSD rate. USD services include: additional police and fire protection, sidewalks, street lighting and garbage pickup.

There are several other tax districts as a result of "satellite cities" within the GSD. For 2005, Ridgetop, Goodlettsville and Belle Meade have imposed a property tax; Lakewood, Berry Hill, Forest Hills and Oak Hill have not. Property in these small incorporated municipalities are subject to the Metro GSD tax rate plus the city rate, if any, as adopted by the legislative bodies of those cities. Services provided by the satellite cities may differ from jurisdiction to jurisdiction.

Your assessment notice has a "Tax Jurisdiction" box which indicates if you are just in the GSD district or if you are subject to the USD or satellite city taxes. After you have determined which taxing jurisdiction you are in, select the calculator below.

How to Calculate Property Taxes

Components of the Property Tax

Property taxes in Tennessee are calculated utilizing the following four components:

1. APPRAISED VALUE

2. ASSESSMENT RATIO

3. ASSESSED VALUE

4. TAX RATE

The APPRAISED VALUE for each taxable property in a county is determined by the county property assessor.  This amount is an estimate of market value based on an established set of tables, manuals, and procedures mandated by state statute, and is intended to provide an equal treatment of all properties in the jurisdiction for tax purposes.

The ASSESSMENT RATIO for each different class of property is established by Tennessee Constitution Art.2, § 28 and TCA 67-5-801 state law as follows:

 

Real Property
Ratio	Property Classification
25%	Residential / Farm
40%	Commercial / Industrial
55%	Public Utility
Tangible Personal Property
Ratio	Property Classification
30%	Commercial / Industrial
55%	Public Utility

The ASSESSED VALUE is calculated by multiplying the appraised value by the assessment ratio.

The TAX RATE for each county and municipality is set by the County Commission or the City Council based on the amount of monies budgeted to fund the provided services.  These tax rates vary depending on the level of services provided and the total value of the county's tax base.

Calculating Your Property Taxes

The example below is for a typical residential property with an Appraised Value of :

$ 80,000.00

and the most recent Davidson County Tax Rate :

$ 4.04 per $100 of assessed value or .0404

Step 1:

Multiply the Appraised Value times the Assessment Ratio

$ 80,000 X 25 % = $ 20,000

This gives you the property’s Assessment Value

Step 2:

Multiply the Assessment Value times the Tax Rate

$ 20,000 X (4.04/100) = $ 808

or

$ 20,000 X .0404 = $ 808

This gives you the amount of the county property tax bill for this particular property.

If your property is also in the USD, or a Satellite City, follow the same steps, using the tax rate appropriate to the property's address to figure your tax bill.

The billing amount you receive on your actual tax bills may vary slightly based on the method used for rounding.

Note:  The tax rates for the current tax year are established by Metro Council in July of that year.  The best possible estimate of taxes made between January 1st and July is done by utilizing the tax rates from the previous year.