Tax Structure
Local Taxes
|
Tax Type
|
Arlington
|
Shelby County
|
| Property Tax |
|
|
| Rate per $100 Value |
$1.15 |
$4.06 |
| Ratio of Assessment |
|
|
| Residential |
25% |
25.00% |
| Industrial |
40% |
40.00% |
| Personal (Equipment) |
30% |
30.00% |
| Bonded Debt |
$432,540.00 |
$1,220,172,361.00 |
| Assessed Valuation |
$8,466,462.00 |
$15,426,660,490.00 |
| School Tax |
|
None |
| Local Sales Tax |
|
2.75% |
Did You Know?
Arlington currently has the second lowest property tax rate of all the municipalities in Shelby County. Only Lakeland is lower at $0.85 per $100 of assessed value.
Have questions on how your property taxes are calculated? Visit the Property Tax Calculator on the Property Assessor's website.
State Taxes
| Tax Type |
Rate |
| Sales Tax |
7.00% |
| Sales Tax - Food and Food Ingredients for Human Consumption |
6.00% |
| Income Tax |
|
| Personal |
Interest and Dividends: 6.00% |
| Wages and Salary: None |
| Excise |
Net Earnings: 6.50% |
| Unemployment Tax |
|
| New Employers - First $7,000.00 |
2.70% |
|
|