38401 Property Tax Rate

Property owners in ZIP code 38401 (Columbia, Tennessee) pay a median of $1,486/year in property taxes on homes valued at $295,200. 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 38401 is approximately $124, which factors into escrow payments on mortgages. This ZIP code is located within Maury County. This is $280 more than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 38401 has higher property taxes. ZIP codes with similar effective rates include 37172 (0.50%) and 37032 (0.50%).

In Columbia, property taxes represent approximately 2.1% of the median household income of $69,467, providing context for the relative tax burden on homeowners in this area.

Tennessee imposes no statewide reassessment cap; property value changes are determined by the Maury County Assessor at each revaluation cycle. Maury County residents 65+ or certified disabled should file for the Homestead Exemption with the Maury County Assessor's office to reduce taxable value. After purchase, obtain your Notice of Assessment from the Maury County Assessor and file an appeal within 30 days if the valuation appears inflated.