Property Tax & Income in Marshall County, Tennessee
Marshall County has an effective property tax rate of 0.48%. On the median home value of $279,800, that's roughly $1,346 per year. Median household income is $71,049.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Marshall County | Tennessee (state context) |
|---|---|---|
| Effective property tax rate1 | 0.48% | 0.47% |
| Median home value1 | $279,800 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 9.61% combined | 9.61% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Marshall County, TN
In Marshall County, Tennessee, homes carry a median value of $279,800, and the annual property tax bill on such a home comes to about $1,346. That works out to an effective rate of 0.481%, which sits slightly above Tennessee's statewide median of 0.467% and places the county 40th among the state's 95 counties. Buyers relocating from much of the country may still find these costs appealing, since the national median effective rate is 0.794%. With a median household income of $71,049 and per-capita income of $37,448, the tax bill amounts to a workable share of earnings. Columbia, the largest community here, anchors a county that includes Belfast and Spring Hill. For anyone weighing a purchase, the combination of moderate home prices and a tax rate below the national figure shapes Marshall County's overall affordability.