37160 Property Tax Rate

Property owners in ZIP code 37160 (Shelbyville, Tennessee) pay a median of $1,300/year in property taxes on homes valued at $257,700. This translates to an effective tax rate of 0.50%, which is 8% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37160 is approximately $108, which factors into escrow payments on mortgages. This ZIP code is located within Bedford County.

Compared to similar ZIP codes in Tennessee, 37160 has lower property taxes. ZIP codes with similar effective rates include 37030 (0.51%) and 38401 (0.50%).

In Shelbyville, property taxes represent approximately 2.2% of the median household income of $58,899, providing context for the relative tax burden on homeowners in this area.

Bedford County reassesses all property every four years; your assessed value will reset to purchase price upon closing, then increase or decrease based on revaluations. Owner-occupied primary residences in Bedford County receive a $25,000 homestead exemption — file your application with the Bedford County Assessor's office immediately after taking title. Submit proof of primary residence (utility bill, driver's license) to the Bedford County Assessor and obtain a confirmation letter showing the exemption effective date.