Taxes & Incentives

Local Incentives & Taxes

The Joint Economic & Community Development Board strives to provide a foundation for companies to succeed in global markets by offering local incentives that appeal to companies looking to locate in Wilson County, Tennessee.  One of the incentives typically offered for those who qualify is property tax abatements for Real and Personal property in the form of Payments in Lieu of Taxes (PILOT).  Incentives for this program as well as any State or TVA programs are performance-based taking job creation, salaries for employees and the capital expenditures a company invests within the community into consideration.

Property Tax Rate (per $100 of assessed value)

Wilson County: $1.9089
10th Special School District: $0.2973
Lebanon City: $0.6855
Mt. Juliet City: $0.1100
Watertown City: $0.6027

Our community also partners with the State of Tennessee and Tennessee Valley Authority (TVA) to provide other competitive opportunities to companies that include but are not limited to FastTrack Infrastructure grants, FastTrack Job Training Assistance programs, FastTrack Economic Development funding and/or TVA incentive programs.