Before making your move to Music City, understanding the Nashville property tax is essential. Property taxes in Nashville differ based on your location within either the Urban Services District (USD) or the General Services District (GSD).
As the heart of Davidson County, Nashville is a thriving metropolitan area with a county-wide population exceeding 712,000. Numerous accolades highlight the city’s attractiveness and build its reputation as a desirable place to live. This combination of economic opportunity and high quality of life continues to draw new residents to the area.
Nashville property tax rates in 2025
For the 2024/2025 fiscal year, Nashville property tax rates are set at
- $2.922 per $100 of assessed value for the General Services District (GSD), and
- $3.254 for the Urban Services District (USD).
To determine your property taxes, the assessor uses the property’s classification, its appraised market value, and the corresponding assessment ratio, which is 25% for residential/farm properties and 40% for commercial/industrial properties.
It is important to note that these rates apply to the 2024/2025 fiscal year. The Mayor and Metro Council have not yet established the new tax rate for the 2025/2026 fiscal year.
What affects your property taxes?
Property taxes depend on several factors, including property type (single-family, multi-unit), size, location, and market conditions. Other things that affect property taxes include the number of bedrooms, bathrooms, garages, basements, porches, decks, pools, etc.
Living in Nashville, Tennessee
Nashville neighborhoods
There are many neighborhoods throughout Nashville, including East Nashville, West Nashville, Downtown Nashville, Germantown, Franklin, Antioch, Brentwood, Madison, Belle Meade, Green Hills, Forest Hill, Hermitage, Hickory Hollow, Wedgewood, Cool Springs, Five Points, Cordell Hull, Oakhurst, Sylvan Park, Morningside, South Nashville, North Nashville, Woodland Heights, Whitehaven, Twelve Oaks, and others.
Nashville metro schools
The Metropolitan Board of Public Education (MBPE) operates public schools in Nashville. There are three school systems within the MBPE: public charter schools, private schools, and public magnet schools.
Nashville attractions
Nashville is known as Music City USA. With more than 200 venues, there are plenty of places to see live music. Other attractions include the Country Music Hall of Fame and Museum, Bridgestone Arena, Nissan Stadium, LP Field, Ascend Amphitheater, Ryman Auditorium, War Memorial Auditorium, Centennial Stage, Schermerhorn Symphony Center, Bicentennial Capitol Mall State Park, Opry Mills, the Parthenon, the Hermitage Hotel, Vanderbilt University, Belmont University, and the Frist Center for Visual Arts.
Nashville transportation
Two light rail lines serve the area around downtown Nashville. One line runs north-south along Broadway Avenue; another runs east-west along Gallatin Street. Both lines connect with the city bus system. A new streetcar line is being built connecting downtown Nashville with the airport.
The Nashville International Airport has flights to major cities like Atlanta, Chicago, Dallas/Fort Worth, Detroit, Houston, Las Vegas, Los Angeles, Miami, Orlando, Phoenix, San Antonio, Seattle, Tampa, Washington DC, and New York.
Finalizing your move to Nashville
Ultimately, a move to Nashville requires careful financial planning, with property taxes being a primary consideration. The city’s dual tax structure means your obligations will differ depending on whether you reside in the Urban or General Services District. While the current 2024/2025 rates provide a solid baseline, prospective residents should stay informed about the forthcoming 2025/2026 rates. By understanding these key tax details, you can make a well-informed decision and confidently embrace life in Music City.
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FAQ
Nashville is divided into an Urban Services District (USD) and a General Services District (GSD), which have different property tax rates.
The rates are set at $3.254 per $100 of assessed value for the USD and $2.922 for the GSD.
The assessor calculates the assessed value by taking 25% of the home’s total appraised market value.
No, the Mayor and Metro Council have not yet established the tax rates for the 2025/2026 fiscal year.
Nashville earns its “Music City USA” title with over 200 live music venues and numerous attractions like the Country Music Hall of Fame and Museum.