Property Tax & Fee Impact Calculator

Property Information
$
Market/appraised value of your property
Properties in Memphis city limits pay both city and county taxes
$
To calculate tax impact as % of income
Tax Rates & Fees
per $100
Current rate: $3.1954 per $100 assessed value
per $100
Current rate: $3.39 per $100 assessed value
Additional Fees
$ /year
$ /month
$ /year
Calculation Results
Assessed Value: $0.00
City Property Tax: $0.00
County Property Tax: $0.00
Total Property Tax: $0.00
Baseline Tax (FY24): $0.00
Annual Fee Increases: $0.00
Property Tax Change: $0.00
Total Annual Impact: $0.00
Additional Revenue Generated
City Revenue (Above FY24): $0.00
County Revenue (Above FY24): $0.00
Total Additional Revenue: $0.00
What could this revenue fund?

Each additional $5 million could fund significant community investments such as expanded library hours, additional park maintenance, affordable housing development, or enhanced community programs.

Reappraisal Impact Calculator FY25
$
$
Typically 25-30% higher than current value in a reappraisal year
per $100
per $100
per $100
per $100
per $100
per $100

Tennessee's Recertification Law: After a county-wide reappraisal, state law requires local governments to calculate a lower "recertified" tax rate that would generate the same total revenue as before, despite higher property values. Local officials can then vote to adopt a higher rate to generate new revenue.

Scenario Annual Tax Bill Change vs. FY24
FY24 (Before Reappraisal) $0.00 -
FY25 with Recertified Rate Revenue Neutral $0.00 $0.00
FY25 with Adopted Rate Current $0.00 $0.00
Difference: Adopted vs. Recertified $0.00