37681 Property Tax Rate

Property owners in ZIP code 37681 (Limestone, Tennessee) pay a median of $848/year in property taxes on homes valued at $169,800. This translates to an effective tax rate of 0.50%, which is 9% below the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 37681 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Washington County. This is $358 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 37681 has lower property taxes. ZIP codes with similar effective rates include 37618 (0.50%) and 37326 (0.50%).

In Limestone, property taxes represent approximately 1.4% of the median household income of $60,685, providing context for the relative tax burden on homeowners in this area.

Tennessee has no statewide property tax cap; Washington County assessments can increase annually without limitation. Senior homeowners (65+) and those with disabilities in Washington County should apply for the Homestead Exemption at the Washington County Assessor's office to exempt a portion of assessed value. Request your official assessment from the Washington County Assessor after purchase and file an appeal within 30 days if you believe the value is overstated.