Homeowners in Milan, Tennessee paid a median $1,256 a year in property tax on a median home worth $144,100, an effective rate of about 0.87% (Census 2020โ2024).
0.66%Gibson County overall
Milan vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Milan
At the local 0.87% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $1,307 | $109 |
| $250,000 | $2,179 | $182 |
| $350,000 | $3,051 | $254 |
| $500,000 | $4,358 | $363 |
Buying a home in Gibson County? 2026 loan limits
Nearby and related
- Gibson County property taxcounty overview
- Tennessee property tax by countyranked
- Humboldt, TN0.80% effective
- Medina, TN0.65% effective
- Bradford, TN0.81% effective
- Rutherford, TN0.75% effective
- Gibson, TN0.58% effective
- Cost of living in Tennesseeprices & rents
Source: U.S. Census Bureau, American Community Survey 2020โ2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in Milan, Tennessee?
Homeowners in Milan, Tennessee paid a median $1,256 a year in property tax on a median home worth $144,100, an effective rate of about 0.87% (Census 2020โ2024).
How much is property tax on a $250,000 home in Milan?
About $2,179 a year at the 0.87% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Milan higher than the rest of Tennessee?
Milan ranks #253 lowest of 262 Tennessee places we track. The statewide effective rate is 0.50%. Gibson County overall is 0.66%.