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Property Tax Rates For 2013    
  • GSD - $3.924* per $100 Assessed Value
  • USD - $4.516* per $100 Assessed Value

*2013 is the first year that Metro has added a third decimal place to the tax rate.  This is to ensure an accurate distribution between USD and GSD funds.  The formula for calculating the USD rate is:  $3.924 (GSD core) + $0.592 (USD addition)  = $4.516 (USD total).   

How To Calculate Property Taxes | Tax Calculator Tool
Local Tax Rates
 


NEW CERTIFIED TAX RATE VOTED INTO LAW JUNE 2013

The city's new property tax rate has been enacted and is a decrease from 2012 rates.  Metro Council passed, and the Mayor signed into law, a resolution establishing the new property tax rate known as the certified tax rate (CTR) for Davidson County in June.  The certified tax rate for property in the urban services district (mostly the city's core, which receives additional city services) is now $4.516* (down from $4.66), while the general services district rate is now $3.924* (down from $4.04). 

Following the 2013 reappraisal, the county's aggregate real estate value increased by 6 per cent.  State law prohibits a windfall from countywide property reappraisal, which occurs every four years in Davidson County and just concluded in April 2013, thus the decrease to the CTR.

For more information about the certified tax rate law and the property reappraisal process, please contact the Property Assessor's office at 862-6080.

For information about annual property tax calculations and collections, please contact the Metro Trustee at 862-6330.

*Metro has added a third decimal place to the tax rate for the first time in 2013 to ensure an accurate distribution between USD and GSD funds.

More information about the different tax districts:

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 (Ridgetop, Goodlettsville, Belle Meade, Berry Hill, Forest Hills, and Oak Hill).  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 singly in the GSD district or if you are subject to the USD or satellite city taxes. After you have determined which taxing jurisdiction in which your property is located, select the calculator below.

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How To Calculate Property Taxes

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 a 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.

 

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:

$3.924 per $100 of assessed value or .03924

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 (3.924/100) = $ 784.80

or

$ 20,000 X .03924 = $ 784.80

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.

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Tax Calculator Tool

This form will help you estimate your Metropolitan Nashville-Davidson County property taxes for all locations.

To estimate your taxes:

  1. Select from the list below the proper location for the property (Please note that the calculator will determine the tax rate based on the location you select)
  2. Select from the proper classification of your property
  3. Highlight the zeros in the Appraised Value box and insert the current appraisal figure shown on your notice (Please note that the calculator will determine the assessment figure based on the classification you selected; use the "appraised value" figure and not the "assessed value" as shown on your notice)
  4. Click the "Calculate" button and your estimated tax value will show in the Estimated Property Tax box.
This calculator will not estimate taxes on multiple classifications unless you enter separately the classification and appraised value for each class and then add them to get the total.
Property Location
Property Classification
County Tax Rate $
Appraised Value $ (No Commas.  e.g. 145000)
Estimated Property Tax $

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Local Tax Rates

 

GSD
Year Tax Rate
2014 $3.924
2013 $3.924*
2012 $4.04
2011 $3.56
2010 $3.56
2009 $3.56
2008 $4.04
2007 $4.04
2006 $4.04
2005 $4.04
2004 $3.84
2003 $3.84
2002 $3.84
2001 $3.84
2000 $3.39
 

USD
Year Tax Rate
2014 $4.516
2013 $4.516*
2012 $4.66
2011 $4.13
2010 $4.13
2009 $4.13
2008 $4.69
2007 $4.69
2006 $4.69
2005 $4.69
2004 $4.58
2003 $4.58
2002 $4.58
2001 $4.58
2000 $4.24
 

Years highlighted in Yellow were Reappraisal years.

*2013 is the first year that Metro has added a third decimal place to the tax rate.  This is to ensure an accurate distribution between USD and GSD funds.

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