Tennessee

Lakeland

City Lakeland is a city in Tennessee, in Shelby County.

The median owner-occupied home in Lakeland had a real-estate tax bill of $3,634 (± $331) a year, compared with $1,400 in Tennessee and $2,969 nationwide. The median home value was $373,800 (± $21,724), compared with $256,800 in Tennessee and $303,400 nationwide.

U.S. Census Bureau estimates for Lakeland, Tennessee and the United States, with margins of error
MeasureLakelandTennesseeUnited States
Population 14,068 ± 44 6,986,082 332,387,540
Median annual property tax bill (homeowners) $3,634 ± $331 $1,400 ± $7 $2,969 ± $3
Median home value $373,800 ± $21,724 $256,800 ± $1,438 $303,400 ± $362
Median household income $113,843 ± $5,580 $67,097 ± $360 $78,538 ± $176
Property tax as a share of home value (calculated) 0.97% ± 0.11 points 0.55% ± under 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 80.2% ± 3.4 points 67.0% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 26.5% ± 4.5 points 32.9% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 15.5% ± 4.9 pointsrough guide only: the margin of error is 32% of the estimate 18.2% ± 0.3 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Tennessee

How it works. Court-ordered delinquent-tax sale subject to statutory equity of redemption; order confirming sale and tax deed/order establish purchaser's tax-sale title subject to redemption and challenge periods

Excess sale money. 67-5-2702 distributes excess proceeds after confirmation: tax entities, pre-sale liens, post-sale liens, then taxpayer according to interest; remainder goes through Tennessee unclaimed-property process

These rules are set by Tennessee, not by Lakeland, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Tennessee entry with statute links.

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