How to Calculate Your Property Tax

Assessment is a Percentage of Appraisal Value:

Residential 25%

Commercial 40%

Industrial 40%

Public Utility 55%

Farm 25%

Personal Property 30%

In the state of Tennessee, residential property is assessed at 25% of its appraised value.

Using a $100,000 residential property as an example: 25% of $100,000 is $25,000

Collierville applies its tax rate to the assessed value in multiples of 100.

The current tax rate is $1.63 per $100 of assessed value.

To continue the example: $25,000/100=250

Town of Collierville taxes for the year are: 250 x $1.63 = $407.50

Residents of Collierville also pay Shelby County taxes. Visit the Shelby County Tax Assessors website for more information, including a searchable database that can find property sales data, ownership information on parcels in Collierville and more.

Town of DemoCollierville
    • Town Hall Location

      500 Poplar View Parkway
      Collierville, TN 38017

      Mon – Fri: 8AM – 5PM
      Phone: 901-457-2200

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