Tennessee assesses residential property at 25% of appraised value — not the full market value. This is called the assessment ratio. On a $550,000 Del Webb Lake Providence home, the assessed value is $137,500. The tax bill is then calculated by applying the combined county and city millage rate to that assessed value, expressed per $100.
Wilson County's combined millage rate (county + city of Mount Juliet for most Lake Providence addresses) runs approximately $2.15–$2.55 per $100 of assessed value, producing an effective rate of approximately 0.55–0.65% of market value. This is among the lower effective rates in the Nashville metro.
Wilson County raised its property tax freeze income limit to $63,470 for the 2026 tax year, up from $51,790. Homeowners 65 and older with combined household income below this threshold — calculated as adjusted gross income plus Social Security benefits after medical deductions — can freeze their bill at the base-year amount.
The freeze was approved for both Wilson County property taxes and the City of Mount Juliet city property taxes as of 2025, meaning Wilson County 55+ buyers can freeze both layers of their bill. This is not universal — some Tennessee cities have not adopted the city-level freeze separately from the county. Mount Juliet has.
| County | Effective Rate | Tax — $550K home | Freeze Limit | Communities |
|---|---|---|---|---|
| Wilson | ~0.55–0.65% | ~$3,025–$3,575 | $63,470 | Lake Providence, Barton Village, Groves Reserve |
| Williamson | ~0.65–0.75% | ~$3,575–$4,125 | $67,460 | Del Webb Southern Springs |
| Rutherford | ~0.50–0.60% | ~$2,750–$3,300 | $61,920 | StoneBridge |
| Sumner | ~0.55–0.65% | ~$3,025–$3,575 | $47,000 | Durham Farms |
Tell us your target purchase price and income — we will calculate your estimated bill and freeze eligibility.
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