37184 Property Tax Rate

Property owners in ZIP code 37184 (Watertown, Tennessee) pay a median of $1,205/year in property taxes on homes valued at $288,200. This translates to an effective tax rate of 0.42%, which is 24% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37184 is approximately $100, which factors into escrow payments on mortgages. This ZIP code is located within Wilson County.

Compared to similar ZIP codes in Tennessee, 37184 has higher property taxes. ZIP codes with similar effective rates include 37048 (0.42%) and 37367 (0.42%).

In Watertown, property taxes represent approximately 1.6% of the median household income of $73,862, providing context for the relative tax burden on homeowners in this area.

Tennessee's four-year reassessment cycle means your property will be valued at market at purchase and re-evaluated every four years thereafter in Wilson County. Wilson County offers a $25,000 homestead exemption for primary residences — submit your application to the Wilson County Assessor's office promptly after closing. Request a copy of your Notification of Assessed Value from the Wilson County Assessor and verify the assessed amount reflects your purchase price before the appeal deadline passes.