Tax Structure
| Local Taxes |
Arlington |
Shelby County |
| Property Tax |
|
|
| Rate per $100 Value |
$1.00 |
$4.09 |
| Ratio of Assessment |
|
|
| Residential |
25% |
25% |
| Industrial |
40% |
40% |
| Personal (Equipment) |
30% |
30% |
| Bonded Debt |
$432,540 |
$1,220,172,361 |
| Assessed Valuation |
$8,466,462 |
$15,246,660,490 |
| School Tax |
|
None |
| Sales Tax |
|
2.25% | Did You Know?
Arlington currently has the lowest property tax rate of all the municipalities in Shelby County, other than Lakeland which currently has no property tax.
Have questions on how your property taxes are calculated? Visit the Property Tax Calculator on the Property Assessor's website.
| State Taxes |
| Sales Tax |
7% |
|
(6% for food & food ingredients for human consumption) |
| Income Tax |
|
| Personal |
6% on Interest & Dividends |
|
NONE on Wages and Salary |
| Excise |
6.5% of Net Earnings |
| Franchise Tax |
0.25 per $100 of Capital Properties |
| Unemployment Tax |
| New Employers |
2.7% of first $7000 |
|
|
