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Montgomery County, TN Property Tax Rate

Homeowners in Montgomery County pay an effective 0.67% of home value in property tax — about $1,664 a year on the median $248,300 home, above the Tennessee county median of 0.50%.

Montgomery County, TN: 0.67% effective property tax — ~$1,664/yr on the median home.

  • Effective rate0.67%
  • Median home value$248,300
  • Median annual bill$1,664
  • TN county median0.50%
  • U.S. county median0.84%

Source: U.S. Census ACS 2023 5-year (median taxes paid ÷ median value), compiled June 2026.

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Montgomery County vs. Tennessee and the U.S.

Effective rateOn the county's $248,300 median home
Montgomery County0.67%$1,664
Tennessee county median0.50%$1,242
U.S. county median0.84%$2,086

Median household income here is $72,365, putting the median tax bill at about 2.3% of income. Effective rates fold in homestead exemptions and assessment practice — they're what owners actually pay, which is why they beat statutory rates for comparison.

Highest & lowest rates in Tennessee

CountyEffective rateMedian bill
Shelby County1.03%$2,366
Haywood County0.71%$849
Lake County0.71%$760
Gibson County0.68%$1,018
Sevier County0.31%$804
Cumberland County0.31%$707
Fentress County0.34%$516
Fayette County0.35%$1,106

Full picture: Tennessee property tax calculator · interactive county atlas · all county pages.

Frequently asked questions

What is the property tax rate in Montgomery County, TN?

The effective rate is about 0.67% of home value — the median homeowner pays roughly $1,664 a year on a $248,300 median home (ACS 2023 five-year data).

Is Montgomery County's property tax high?

It's above the Tennessee county median (0.50%) and below the U.S. county median (0.84%).

How is the effective rate calculated?

Median real-estate taxes paid ÷ median home value, from the Census American Community Survey — what owners actually pay, after exemptions, rather than the statutory millage.

Sources & methodology

Sources: Census ACS 2023 5-year tables B25103/B25077.

Effective rate = median real-estate taxes ÷ median home value (owner-occupied). Individual bills vary with exemptions, assessment timing and local levies — verify with the county assessor.