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Shelby County Property Valuations 2024

As of 2024, in Shelby County there were 60,075 tax parcels to evaluate and the market value of all property was $2 billion. Out of this total, the market value for houses was $505 million, apartments were $5 million, commercial was $177 million, and business personal property (BPP) was $69 million.

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Property Tax Valuation Summary

Number of Tax Parcels 60,075
$ for Contract Appraisal Services $80,000
$ Computer Aided Mass Appraisal $91,086
$ GIS $4,000
$ Aerial Photos $16,385
% of Real Property Parcels Inspected 33%
Market Value All Property $2,467,101,076
Market Value Houses / Condos / Townhomes $504,567,772
Market ValueMultifamily / Apartments $5,374,425
Market Value Land $15,816,776
Market Value Commercial $177,303,067
Market Value Business Personal Property $69,253,474
Market Value Utilities $295,659,308
Market Value Oil & Gas $172,527,350
Market Value Industrial Real Property $125,671,710
Market Value Industrial Personal Property $133,952,610
Market Value All Other Property $966,974,584