38551 Property Tax Rate

Property owners in ZIP code 38551 (Celina, Tennessee) pay a median of $713/year in property taxes on homes valued at $121,900. This translates to an effective tax rate of 0.58%, which is 7% above the Tennessee state average of 0.55%.

The monthly property tax burden for a median-valued home in 38551 is approximately $59, which factors into escrow payments on mortgages. This ZIP code is located within Clay County. This is $493 less than the Tennessee average of $1,206/year.

Compared to similar ZIP codes in Tennessee, 38551 has lower property taxes. ZIP codes with similar effective rates include 37035 (0.59%) and 38468 (0.59%).

In Celina, property taxes represent approximately 1.8% of the median household income of $39,744, providing context for the relative tax burden on homeowners in this area.

Tennessee reassesses property at market value upon sale, meaning your tax bill will reflect the purchase price regardless of the prior owner's assessment. Clay County offers a Homestead Exemption of $25,000 off assessed value for primary residences — file with the Clay County Assessor's office. Contact the Clay County Assessor immediately after closing to claim the exemption and verify your assessment.