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Collierville, Tennessee property tax

Typical rate and yearly bill in Collierville, compared with Shelby County. Census survey 2020-2024.

Estimate my bill
Typical rate0.99%of home value per year
Typical yearly bill$4,834what owners report paying
Median home value$485,900owner-occupied homes
vs Shelby County+0.02 ptscounty 0.97% · typical bill $2,429

Estimate your Collierville bill

Not sure of your home value?

Use what you paid if you bought recently, or the market value on your county tax bill or assessment notice (most county assessor websites let you search by address). Recent sales of similar homes nearby work too. The box starts at the typical home value in Collierville, so you can also just press Calculate.

Estimated yearly property tax
How we got this

Your city, school district and exemptions can move the real bill 10 to 20% either way.

If your home is worthYearly taxMonthly

How Collierville compares

Memphis
1.09%
Collierville
0.99%

How Collierville changed in five years

Typical bill$4,020 → $4,834+20%
Median home value$319,300 → $485,900+52%
Typical rate1.26% → 0.99%-0.26 pts

Comparing the Census surveys for 2015-2019 and 2020-2024, which do not overlap. Home values rose faster than bills, so the effective rate went down, often because of caps on assessment increases or rate cuts.

Property tax in Collierville, in plain words

Homeowners in Collierville typically pay $4,834 a year in property tax on a home worth $485,900, according to the Census Bureau's American Community Survey for 2020-2024. That works out to an effective rate of about 0.99% of home value.

That rate is about the same as Shelby County as a whole (0.97%) and higher than the Tennessee typical rate of 0.50%. Across the US, the typical rate is 0.94%.

Owners with a mortgage report a typical bill of $4,977, and owners without one $4,501. The gap usually reflects newer buyers paying tax on higher, more recent values.

Against the typical household income of $138,598, the typical bill equals about 3.5% of income.

Your own bill depends on your home's assessed value, the exact school district and special districts at your address, and any exemptions you claim. Your Shelby County tax office has the final number.

Common questions

What is the property tax rate in Collierville?

The typical effective rate is about 0.99% of home value per year, based on what homeowners report paying.

How much is property tax on a $400,000 home in Collierville?

About $3,980 a year at the typical rate. Exemptions and your exact district can move it either way.

Is Collierville higher or lower than Shelby County?

Collierville's typical rate (0.99%) is about the same as the county's (0.97%).

Homestead exemptions · How to appeal · Where these numbers come from

Other places in Shelby County

Shelby County