Tax Rates
Sales Tax:
- Local Option Sales Tax: 2.5% (100% of this goes to Schools)
- State sales tax on unprepared foods and food ingredients: 6% (total rate 8.5%)
- State sales tax on all other tangible personal property unless specifically exempted: 7% (total rate 9.5%)
The local option sales tax is collected on the first $1,600 of the sales price of a single article. Effective July
15, 2002, a state single article sales or use tax of 2.75% (in addition to the regular 7% state sales tax) is levied
on the amount of a single article in excess of $1,600 and less than or equal to $3,200.
Payroll Tax: -0- (Tennessee has no tax on payrolls or earned income. The individual income tax,
often called the Hall tax, is imposed only on individuals and other entities receiving interest from bonds and notes
and dividends from stock above certain exemption levels.)
Property Tax: (payable to the County Trustee at Veteran's Plaza, 350 Pageant
Ln. 37040, or you may call (931) 648-5717) Montgomery County property tax: $2.99 per $100 of assessed value
distributed as:
| FUND |
AMOUNT |
| County General Fund |
$1.24 |
| General Road Fund |
.11 |
| General Purpose School Fund |
.63 |
| Debt Service |
.84 |
| Capital Projects |
.3136 |
| School Transportation Fund |
.055 |
Assessed value is a percentage of appraised market value; the fraction depends on the type and use of the property.
| TYPE OF PROPERTY |
PERCENTAGE |
| Residential |
25% |
| Commercial |
40% |
| Industrial |
40% |
| Personal |
30% |
| Farm |
25% |
| Public Utilities |
55% |
Contact the Assessor's Office for questions on property classification and assessment values
at (931) 648-5709 or in person at Veteran's Plaza, 350 Pageant Ln. 37040.
City of Clarksville property tax: $1.0296 per $100 of assessed value (total rate in city limits: $4.0196). Contact
the city's Finance & Revenue Department at
(931) 645-7437 for the most up-to-date information.
Wheel Tax: $49.00, (Collected by the County Clerk at 350 Pageant Ln., 37040, or you may call (931)
648-5711.) 100% of this goes to Schools.
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possibility of human or mechanical error as well as other factors, this information is provided "as is" without
warranty of any kind and Montgomery County makes no representation, express or implied, as to the accuracy,
reliability or completeness of this information, or the timeliness of any information on this website.