Property Tax

Property Tax Payments

Tax payments are due annually by the last day of February and are accepted in person at City Hall, online, or by phone. A one and one-half percent (1.5%) per month interest are assessed on late payments.

• Real property is assessed at 25% of the total market value.
• Commercial property is assessed at 40% of the total market value.
• Personal property is assessed at 30% of the total market value.
• The City Tax rate is $2.18 per $100 of assessed value.
• Obion County tax rate inside the City limit is $1.60 per $100 of assessed value.
• Obion County tax rate outside the City limit is $1.90 per $100 of assessed value.