How Do You Calculate Taxes in Shelby County?


Quick Answer

You can calculate property taxes in Shelby County, Tennessee, by dividing the assessed value of the property by 100, then multiplying the result by the current Shelby County property tax rate, according to the Shelby County Trustee. To calculate total taxes on car sales in Shelby County, add the total of the local tax, single article tax and state tax, notes the Shelby County, Tennessee, official website.

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Full Answer

To calculate property taxes in Shelby County, determine the assessed value of a property based on its classification and appraised value, notes the Shelby County Trustee. Shelby County classifies property as residential, commercial, industrial, personalty or farm and provides the percentages property owners use to calculate assessments on its website, as of 2015. Divide the assessed value by 100, then multiply the result by the current property tax rate, which for tax year 2014 was $4.37 per $100 of assessed value. The Shelby County Trustee provides a calculator on its website to assist property owners in calculating property taxes.

To calculate car sales tax for Shelby County, add the local tax, single article tax and state tax, unless you purchased the vehicle out of state, notes the website for Shelby County, Tennessee. For vehicles purchased out of state, a car owner must also pay the difference between the Tennessee tax and the tax in the state in which he purchased the car, in addition to local taxes.

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